Donaldsons merges with DTZ

With effect from 10th July 2007, Donaldsons LLP has been acquired by DTZ.

DTZ is a leading global real estate adviser with over 11,000 staff within its system operating across 140 cities in 45 countries working with clients throughout the world. Its client-focused activities range from high quality capital market solutions, to the more traditional occupier-led property services and advice.

The combination of DTZ and Donaldsons business will reinforce DTZ's position as a top global property consultancy, ranked in the top two in the UK and in the top three in Europe. The combined business will fully adopt the DTZ brand name from autumn 2007. Further information on the acquisition is available on DTZ's website, www.dtz.co.uk.

The Chair, Executive Committee and Director are delighted to welcome DTZ as Partners/Sponsors and look foward toworking with them in the future.