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Interpublic Re-Schedules Second Quarter Earnings Release

NEW YORK, NY (August 5, 2002)—The Interpublic Group of Companies, Inc., today re-scheduled its second quarter earnings release to accommodate the Audit Committee of its Board of Directors. The Committee postponed its regular meeting, which was to have taken place today, until Monday, August 12, so it could complete its review prior to management certification of its financial statements. The Company will announce its second quarter results after the 4 PM (EDT) close of the New York Stock Exchange on Tuesday, August 13, 2002.

Following the earnings release, management will host a conference call to discuss results at 5 PM. Investors are invited to access the discussion and supporting materials at the financial section of the Company's website, www. interpublic.com.

Interpublic is one of the world's leading organizations of advertising and marketing services companies. Its four global operating groups are McCann-Erickson WorldGroup, The Partnership, FCB Group and Advanced Marketing Services. Major global brands include Draft Worldwide, Foote Cone & Belding Worldwide, Golin/Harris International, Initiative Media, Lowe Worldwide, McCann-Erickson, NFO WorldGroup, 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.

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Contact Information

Press: Philippe Krakowsky
(212) 399-8088

Investors: Susan V. Watson
(212) 399-8208