KPMG Spain joins European network

The partners of the Spanish arm of the global KPMG network have voted to join
the European partnership, alongside the UK, Germany and Switzerland.

The combined firm will now boast more than 23,000 partners and staff from 75
offices in four countries, with revenues in excess of €4.2bn in 2007.

In the year to September 2007, revenues at the Spanish firm were €175m.

The vote, which took place on Friday, is now subject to the approval of the
UK, German and Swiss partners.

The senior partner of KPMG Spain will join the KPMG Europe board.

Rolf Nonnenmacher and John Griffith-Jones, joint chairmen of KPMG Europe LLP,
said: ‘We warmly welcome the decision of our colleagues in Spain to join the
KPMG merger in Europe. Their decision to join builds on the foundations formed
when the UK, Germany and Switzerland member firms agreed to merge and we are
delighted that they wish to become part of our ambition to create the most
successful professional services firm in Europe, for the benefit of both our
clients and our people. We look forward to other member firms joining in due

John Scott added: ‘This move is a definitive step in our goal to consolidate
our reputation as employer of choice. It will increase our ability to recruit
and retain talent, will develop wider career opportunities with more options to
participate in cross-border projects, and will promote deeper knowledge sharing.
Consequently, our capabilities to add value to our clients will enhance our
competitive advantage and market leadership.’

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