The Interpublic Group

5/9/2003


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Table of Contents

The Interpublic Group

Conference Call Agenda

First Quarter Highlights

Operating Performance

First Quarter 2003

Summary First Quarter Results

First Quarter 2003: Components of Revenue Change

Revenue by Region First Quarter 2003

Organic Revenue Progression

1Q03 Components of Net Income Change

First Quarter 2003: Analysis of Change

Organic Performance Analysis

Motor Sports

2003 Net New Business

Selected Balance Sheet Items

Selected Balance Sheet Items

Selected Balance Sheet Items

Improved Debt Maturity Schedule

Strong Liquidity Position

Declining Acquisition Activity

Outlook

Conclusion

Cautionary Statement

Appendices

Revenue by Discipline First Quarter 2003

Points of Margin Pressure

Diluted EPS Calculation

Author: SWatson