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For further details on this article please contact:

David Nugent

+63 2 810 1901

david_nugent@acesaatchi.com.ph

Supermarket Bonanza for Ace Saatchi & Saatchi

31 OCT 2007

Manila - Ace Saatchi & Saatchi in the Philippines has hit the jackpot after coming out on top in a recent pitch for Save More supermarkets, a medium-sized supermarket chain owned by the market leading SM Food Retail Group.

Their reward is to be assigned the full service account for not just this brand, but the rest of the Group's businesses as well, including SM Supermarkets - the Philippines' largest supermarket chain - and SM Hypermarket, the country's largest hypermarket.

As if this wasn't enough, our Manila office has also just been awarded AOR for Costa del Hamilo Inc., a 1,900 hectare (eventually 5,000 hectare) tourism, leisure and real estate venture two and a half hours from Manila.  This venture is owned by SM Investments, parent company to the SM Food Retail Group, and further demonstrates the confidence that this new client has in them.

SM Investments is amongst the largest business groups in Southeast Asia, comprising retail, banking and property development, and is one of the world's largest shopping mall developers, with operations in the US, China and the Philippines.