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Interpublic Declares Dividend, Re-Elects Directors

May 15, 2000 at 12:00 AM EDT
New York, May 15, 2000 (NYSE:IPG) - At the Annual Meeting of The Interpublic Group of Companies, Inc., which was held today in the Auditorium of The Equitable Center, Philip H. Geier, Jr., Chairman of the Board and Chief Executive Officer, announced that the Board of Directors voted a dividend of 9 ½ cents per share payable June 15, 2000 to shareholders of record at the close of business on May 30, 2000.

The shareholders re-elected the following present directors: Frank J. Borelli, Reginald K. Brack, Jill M. Considine, John J. Dooner, Jr., Philip H. Geier, Jr., Frank B. Lowe, Michael A. Miles, Leif H. Olsen, Sean F. Orr and J. Phillip Samper.

CONTACTS: Thomas J. Volpe
212-399-8056
Nicholas J. Camera
212-399-8021