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Interpublic Declares Quarterly Dividend

NEW YORK, Nov 1, 2002 (BUSINESS WIRE) -- The Board of Directors of The Interpublic Group of Companies (NYSE: IPG) today declared a dividend of 9-1/2 cents per share, payable in cash on December 16, 2002, to stockholders of record at the close of business on November 27, 2002.

The Interpublic Group of Companies is one of the world's leading organizations of advertising agencies and marketing services companies. Its five global operating groups are McCann-Erickson WorldGroup, The Partnership, FCB Group, Interpublic Sports and Entertainment Group and Advanced Marketing Services. Major global brands include Draft Worldwide, Foote, Cone & Belding Worldwide, Golin/Harris International, Initiative Media, Lowe Worldwide, McCann-Erickson, Octagon, Universal McCann and Weber Shandwick. Listed on the New York Stock Exchange (symbol: IPG), the Company's revenue was $6.7 billion in 2001.

CONTACT:
The Interpublic Group of Companies, New York
Media:
Philippe Krakowsky, 212/399-8088
or
Investors:
Susan Watson, 212/399-8208

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