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Interpublic And Marvin Sloves Settle Litigation

April 12, 2000 at 12:00 AM EDT
NEW YORK, April 12, 2000 (NYSE:IPG) - The Interpublic Group of Companies, Inc. and Marvin Sloves announced today that they had reached a settlement of the pending litigation between them, including the arbitration. No details of the settlement are being released. www.interpublic.com.

CONTACTS: Interpublic NY
Nicholas J. Camera
(212) 399-8021
CONTACTS: Paul, Weiss, Rifkind, Wharton & Garrison
Neale M. Albert
(212) 373-3341