JWT &lt;JWT> NOT APPROACHED BY GROUP SEEKING SHARES

  JWT Group Inc has not been approached
  by former Ted Bates Worldwide Chairman Robert Jacoby about the
  possibility of a syndicate buying a 35 pct stake in JWT Group
  on a friendly basis, a company spokesman said.
      He said JWT would have no comment on an Advertising Age
  report that Jacoby is considering heading up a venture capital
  syndicate to purchase a 35 pct stake in JWT group.
      Jacoby was not immediately available for comment on the
  report. Ted Bates is now owned by &lt;Saatchi and Saatchi>, the
  world's largest advertising agency.
  

