CLV Clipper Ven.

RNS Number:4607A
Clipper Ventures PLC
28 August 2002


Clipper Ventures plc ("Clipper"), the AIM listed ocean racing and marine events
company, chaired by Sir Robin Knox Johnston, today announces a strategic
alliance with Fast Track, the leading sports marketing agency, chaired by Alan
Pascoe.

Fast Track will be responsible for marketing the commercial rights to the 2005
and 2007 Clipper, and 2006 Around Alone, Round the World Yacht races.  This will
include developing media strategy, raising sponsorship revenue and negotiating
port and city contracts.  In return for these services, Clipper will be paying
to Fast Track a percentage of sponsorship revenue generated by them.


End


                      This information is provided by RNS
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END

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