PRESS RELEASE
JULY 30 1997

Havas Intermediation group’s turnover shows a continuous growth up to 9,4 billions french francs at the end of the first half-year 1997, i.e. an increase of 7.5% compared with the same period in 1996, exceeding its forecasts. The operating profit shows a 14.6% growth.

During this first half-year, its subsidiaries IP and IP Network have signed media sales contracts with over 100 new medias, including 70 radio stations and 19 television channels, two of which are paneuropean. Today the group handles approximately 600 medias vehicles.