SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


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	FORM 8-K

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	CURRENT REPORT
	PURSUANT TO SECTION 13 OR 15 (d) OF THE
	SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported):December 18, 
1998.

           The Interpublic Group of Companies, Inc.              
(Exact Name of Registrant as Specified in Charter)
                   

   Delaware			1-6686		   13-1024020
(State or other	  (Commission		  (IRS Employer
Jurisdiction	File Number)	Identification Number)
 of incorporation)


  1271 Avenue of the Americas, New York, New York     10020      
     (Address of Principal Executive Offices)    	   (Zip Code)


Registrant's telephone number, including area code: 212-399-8000


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 (Former Name or Former Address, if Changed Since Last Report)