Press Release

Live Webcast Q3 2001 The Interpublic Group Earnings Conference Call November 13, 2001, 4:30 PM ET

NEW YORK, Oct. 17 /PRNewswire/ -- The Interpublic Group of Companies (NYSE: IPG) will announce its third quarter results after the New York Stock Exchange closes on Tuesday, November 13.

Management will host a conference call beginning at 4:30 PM. Investors are invited to access the call at http://www.interpublic.com.

Third quarter results will include previously-announced restructuring charges. The November reporting date allows the company additional time to review the one-time charges and provide supplemental disclosure.

The Interpublic Group of Companies is one of the world's leading organizations of advertising agencies 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 Lintas & Partners, McCann-Erickson, Octagon, Universal McCann and Weber Shandwick. Listed on the New York Stock Exchange (symbol: IPG), the company's restated revenue was $7.2 billion in 2000.

SOURCE The Interpublic Group of Companies

CONTACT: Susan V. Watson of The Interpublic Group of Companies, +1-212-399-8208/