Ad Ops Daily Briefs: December 22 2008

Gannett Co., Inc. Announces Expiration and Final Results of Cash Tender Offer for its Floating Rate Notes Due 2009
Gannett Co., Inc. (NYSE:GCI) announced the expiration and final results of its previously announced cash tender offer to purchase any and all of its outstanding Floating Rate Notes Due 2009 (CUSIP No. 364725AF8) (the “Securities”). The tender offer was made pursuant to an Offer to Purchase dated December 4, 2008 and the related Letter of Transmittal, which set forth the terms of the tender offer.
The tender offer expired at 5:00 p.m., New York City time, on December 11, 2008. $98,430,000 in aggregate principal amount of Securities, representing approximately 13.5 percent of the outstanding Securities, were validly tendered (and not validly withdrawn) in the tender offer. The Company has accepted all such Securities for payment and will pay the full tender offer consideration, plus accrued interest, on the settlement date pursuant to the terms of the tender offer. The Securities will be purchased utilizing borrowings under the Company’s existing credit facilities.

Publicis Groupe: AFEP-MEDEF Recommendations
At its meeting of 2nd December 2008, the Supervisory Board of Publicis Groupe S.A. (Paris:PUB) examined the AFEP-MEDEF recommendations dated 6th October, 2008, concerning the compensation of executive directors of listed companies.
The Board considers that these recommendations are in line with the corporate governance principles of the Groupe and notes that existing commitments with the members of the Management Board already comply with these recommendations.
Accordingly, in application of the Act of 3rd July, 2008, implementing the European Union directive 2006/46/CE of 14th June 2006, Publicis Groupe declares that the amended AFEP-MEDEF corporate governance code will be the reference for the preparation of the report provided for in Article L. 225-68 of the French commercial code, as from the 2008 fiscal year.