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TONY RUSSELL LEAVING LASSO AND HEADING SOUTH

Tony Russell, president and CEO of Lasso Communications Inc. and Grey Interactive is heading south. Russell announced he is leaving Grey Canada to "pursue other avenues" including a new venture in San Francisco. Russell joined Lasso and Grey Interactive, four years ago. Both are wholly-owned subsidiaries of Grey Canada. At this time it is not known who will succeed Russell. Both Lasso and Grey Interactive will report to John Clinton, Grey Canada's president and CEO. Russell will work with Clinton this week to ensure a smooth transition. Russell could not be contacted before press time for comment.

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