RNS Number:0931N
Cordiant Communications Group PLC
02 July 2003


                       CORDIANT COMMUNICATIONS GROUP PLC

                                  ("Cordiant")


                              NOTIFIABLE HOLDINGS


Cordiant was notified on 2 July 2003 that Active Value Fund Managers Limited has
a holding of 113,388,099 Ordinary shares, representing 27.1% of the issued share
capital of the Company.

                                                                     2 July 2003




Enquiries:

College Hill                                  Tel: +44 207 457 2020

Adrian Duffield



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