Press Release

Back

Lowe London CEO To Leave Company

May 10, 2006 at 11:26 AM EDT

NEW YORK, May 10, 2006 (BUSINESS WIRE) -- Lowe London confirmed today that, following a period of suspension, Garry Lace has resigned from the company with immediate effect. Neither the company nor Garry Lace will be making any further statement in respect of his resignation and have agreed that beyond what is said above, the matter is confidential.

Lowe London is a part of Lowe Worldwide, a unit of The Interpublic Group (NYSE: IPG).

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, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, MAGNA Global, McCann Erickson, Momentum, MRM, Octagon, Universal McCann and Weber Shandwick. Leading domestic brands include Campbell-Ewald, Carmichael Lynch, Deutsch, Hill Holliday, Mullen and The Martin Agency.

SOURCE: Interpublic Group

For Interpublic Group
Philippe Krakowsky, 212-704-1328
or
Analysts, Investors:
Jerry Leshne, 212-704-1439