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Interpublic Announces Exchange Offer for 10.0% Senior Notes due 2017

NEW YORK--(BUSINESS WIRE)--Sep. 25, 2009-- The Interpublic Group of Companies, Inc. (NYSE: IPG) announced today that it has commenced an offer to exchange any and all of its $600,000,000 10.0% Senior Notes due 2017, which are subject to transfer restrictions under the Federal securities laws, for an equal amount of new 10.0% Senior Notes due 2017 that will not have such transfer restrictions.

The exchange offer is being made in order to satisfy certain obligations under a Registration Rights Agreement entered into by Interpublic when it issued the 10.0% Senior Notes in June 2009.

The new notes will be substantially identical to the original notes for which they will be exchanged, except that the new notes will have no transfer restrictions under the Federal securities laws, no rights to additional interest and no registration rights. Original notes that are not exchanged will continue to be subject to transfer restrictions under the Federal securities laws, but will no longer be eligible to receive additional interest or have the benefit of registration rights.

The exchange offer will expire at 5:00 p.m., New York City time, on October 23, 2009, unless extended. Tenders of the original notes must be made before the exchange offer expires and may be withdrawn at any time before the exchange offer expires.

Documents describing the terms of the exchange offer, including the prospectus and transmittal materials for making tenders, may be obtained from the exchange agent, Global Bondholder Services Corporation, 65 Broadway, Suite 723, New York, New York 10006, Attn: Corporate Actions, telephone: (866) 540-1500.

This announcement does not constitute an offer to purchase or a solicitation of an offer to sell securities. The exchange offer will be made only pursuant to a prospectus and the related letter of transmittal, and only to such persons and in such jurisdictions as is permitted under applicable law.

About Interpublic

Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, Magna, McCann Erickson, Momentum, MRM Worldwide, Octagon, UM and Weber Shandwick. Leading domestic brands include Campbell-Ewald, Campbell Mithun, Carmichael Lynch, Deutsch, Hill Holliday, Mullen, The Martin Agency and R/GA. For more information, please visit www.interpublic.com.

Source: The Interpublic Group of Companies, Inc.

The Interpublic Group of Companies, Inc.
Philippe Krakowsky, 212-704-1328
or
Jerry Leshne, 212-704-1439
(Analysts, Investors)