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Interpublic Names Jerome J. Leshne Vice President, Financial Planning and Analysis and Investor Relations

July 19, 2004 at 11:07 AM EDT

NEW YORK--(BUSINESS WIRE)--July 19, 2004--The Interpublic Group (NYSE:IPG) announced today that it has hired Jerome J. Leshne, 46, as Vice President, Financial Planning and Analysis and Investor Relations. Mr. Leshne will assume the position immediately and will report jointly to Robert Thompson, the company's Executive Vice President and Chief Financial Officer, and Philippe Krakowsky, the company's Senior Vice President and Director of Corporate Communications.

Mr. Leshne comes to Interpublic from his position as Head of Fixed Income Management of Rockefeller & Co., a privately held wealth management and investment advisory firm, where his responsibilities included fixed income investment strategy, risk management and client communication. Prior to joining Rockefeller & Co., he was Vice President, Investor Relations, of Dow Jones & Company. Before joining Dow Jones, Mr. Leshne worked for Sears, Roebuck and Co. in financial management roles of consistently increasing responsibilities over a period of 16 years. At Sears he was responsible for investor relations, first as Director, and then as Vice President, Investor Relations. He also served as Director of Finance for the Sears Hardware Stores, where he was responsible for business strategic and operating planning and analysis. He also was Director of Treasury Services and Senior Manager of Corporate Finance of Sears.

"We are pleased and excited to have Jerry at Interpublic," commented Mr. Thompson. "He brings demonstrated expertise in several key financial areas and is a significant addition to our growing culture of financial excellence. Jerry will further advance globally integrated planning and analysis as a cornerstone of our company's financial accountability and responsibility."

"Jerry's wealth of investor relations experience, with diverse companies and constituencies, will serve our investors well," commented Mr. Krakowsky. "We are pleased to have someone of his caliber to help broaden our outreach in financial communications and build on our commitment to corporate transparency."

Mr. Leshne is a member of the CFA Institute and the New York Society of Security Analysts. He earned his MBA from the University of Chicago and his MA in economics from the University of Michigan. He is a holder of the Chartered Financial Analyst designation.

About Interpublic

Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include Draft, Foote, Cone & Belding Worldwide, GolinHarris International, Initiative, Lowe & Partners Worldwide, McCann-Erickson, Universal McCann and Weber Shandwick Worldwide. Leading domestic brands include Campbell-Ewald, Deutsch and Hill Holliday.

CONTACT: General Inquiries:
Financial Relations Board
Julie Tu, 212-445-8456
or
Media, Analysts and Investors:
The Interpublic Group
Philippe Krakowsky, 212-704-1328

SOURCE: The Interpublic Group