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HAVAS COMPLETES BUY OF CIRCLE.COM

Published on .

(June 27, 2001) -- As expected, Havas Advertising has completed its acquisition of Circle.com, a publicly held i-shop in which it had held a minority stake. The transaction calls for 22.7 million outstanding shares of Circle.com common stock to be swapped for 2.1 million Havas shares. Circle.com will be incorporated into Havas' Euro RSCG Worldwide network. -- Catharine P. Taylor

Copyright June 2001, Crain Communications Inc.

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