RNS Number:4231N
Media Square PLC
10 July 2003


Media Square plc ("Media Square" and the "Company")

10 July 2003

Acquisition of the ongoing business and certain assets of BANC

Media Square, the marketing communications and marketing services group, has
today acquired the ongoing business and certain assets of BANC, the central
London-based brand and advertising consultancy. The acquisition is Media
Square's fourth deal this year and improves the Company's presence in the
important London marketplace.

Speaking about the acquisition, Kevin Steeds, chairman of Media Square, said:

"BANC and its team of people represent an excellent acquisition for Media
Square. The deal gives us a good foothold in the London market and brings a high
quality, very capable team of communications professionals into our group.

"We plan to merge the BANC business into Equanim Group, our integrated marketing
communications business, as soon as practical. Robert Bean, formerly chairman of
BANC and one of the advertising industries better known names, will continue to
lead the business and has been ear-marked for a major role within Equanim".

BANC was established in 1993 and counts Youngs Brewery, Swan Hellenic, London
Evening Standard and the Liberal Democrats among its clients.

Commenting on the acquisition announcement, BANC chairman, Robert Bean, said:

"The last 12 months have been very difficult for the independent players in our
space. Joining forces with Media Square gives us a bigger stage to play on and
will allow our team to make the most of their skills and experience.

"We have some very exciting plans for the development of Media Square's
integrated communications business. The company already includes strong
specialisms in direct marketing, CRM, press and public relations, design and
advertising. Our brand experience and strategic approach will serve to
strengthen the overall offer".


More information:

Jeremy Middleton                                Tel: 07889 206 155
Media Square Plc

David Simmons                                   Tel: 0161 214 6540
Brown, Shipley & Co. Limited







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