Amsterdam (the Netherlands), 25 June 2012 – The Board of LBi International N.V. ("LBi" or the "Company"; NYSE Euronext symbol: LBI), notes the press speculation that has arisen following the recent announcement of WPP plc that it is to acquire AKQA Holdings, Inc.
The Board of LBi considers such speculation to be inevitable, given that LBi is the largest remaining independent digital marketing agency, operating in a sector that has entered a period of consolidation in recent years.
The Company has, for some time, received interest from potential suitors and, more recently, commenced initial discussions with third parties interested in pursuing further consolidation in the sector. Such discussions are at a very preliminary stage and there can be no certainty that an offer will be made for the Company.
The Board believes LBi has taken significant steps in recent years to reposition the Company and is well placed to continue to operate independently. LBi has strong prospects as the world’s largest independent marketing and technology agency with offices in 16 countries.
Further announcements will be made if and when circumstances so require. This announcement is made pursuant to Section 5:25i of the Dutch Financial Supervision Act.
Luke Taylor, CEO, LBi International N.V.
+44 20 7063 6465, email@example.com
Huub Wezenberg, CFO, LBi International N.V.
+31 20 460 4500, firstname.lastname@example.org
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