Response to Press Speculation

S4Capital plc ("S4Capital" or the "Company") notes the recent media speculation and confirms it has received a proposal from MSQ Partners ("MSQ"), a company majority owned by One Equity Partners regarding a possible combination between S4Capital and MSQ (the "Possible Combination").

These discussions are at a very preliminary stage and there can be no certainty that a transaction will be forthcoming. The Possible Combination, if agreed, would be structured as an acquisition of MSQ by S4Capital and not an offer under the Takeover Code for S4Capital by MSQ. It is not expected that a Rule 9 waiver in respect of S4Capital would be required for the Possible Combination.

This announcement has been made without the prior agreement or approval of MSQ.

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About S4Capital

The Company now has approximately 7,000 people in 33 countries with approximately 80% of net revenue across the Americas, 15% across Europe, the Middle East and Africa and 5% across Asia-Pacific. The longer-term objective is a geographic split of 60%:20%:20%. Marketing Services accounted for approximately 90% of net revenue, and Technology Services 10%. The longer term objective is a practice split of 75%:25%.

Sir Martin was CEO of WPP for 33 years, building it from a £1 million 'shell' company in 1985 into the world's largest advertising and marketing services company, with a market capitalisation of over £16 billion on the day he left. Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi Company Plc for nine years.