LONDON -- Saatchi & Saatchi Co. said Chase Manhattan Bank increased its stake in the company to 5.2%, or 8,269,094 shares, from 4.4%, or 6,997,897 shares.

The advertising agency also said Scottish Amicable Investment Manager Ltd. reduced its interest to 4.72%, or 7.5 million shares, from 5.36%, or 8.5 million shares.

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