WPP PLC has landed a contract worth up to £2 billion to manage the UK government‘s advertising campaigns, the Times on Tuesday reported. The win is seen as a vote of confidence in the under pressure advertising agency which will exit the FTSE 100 this month after a series of profit warnings dragged its share price downwards. On Tuesday, shares in WPP rose 4.9% to 313.10 pence each, although they have fallen 65% in the last 12 months. According to the Times, WPP has won a four-year contract which was previously held by US rival Omnicom Group Inc. WPP has has lost major clients including Mars Inc and Coca-Cola Co’s North American media-buying business, issued two profit warnings this year and cut 7,000 roles, the report noted.