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MBO AT MCCANN-ERICKSON BELFAST

McCann-Erickson Network Limited has sold 100% of the shares in McCann-Erickson (Belfast) Limited to its local management. The two Directors of the Belfast Company, David Lyle (Chief Executive) and Julie Anne Bailie (Executive Creative Director), are the new shareholders. With immediate effect the company’s name will change to LyleBailie International Limited. The company will continue trading from its offices at 31 Bruce Street Belfast and it plans to maintain the current workforce in Belfast of 25 employees.

In a joint statement David Lyle and Julie Anne Bailie said

“we have loved working for McCann-Erickson, across 3 decades, but we are thrilled by this new opportunity.”
Advisors acting on behalf of David Lyle and Julie Anne Bailie are Johnsons Solicitors and Johnston-Kennedy Chartered Accountants, with banking by First Trust Bank.

Date: Monday 1st March 2004

Contacts: T: 0044 2890 331044

F: 0044 2890 331272

E: directors@lylebailie.com

W: http://www.lylebailie.com

31 Bruce St, Great Victoria St, Belfast BT2 7JD T: +44 (0) 28 9033 1044   F: +44 (0) 28 9033 1622   E: directors@lylebailie.com