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): May 11, 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
_________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
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Item 9. Sales of Equity Securities Pursuant to Regulation S.
On May 11, 1998, The Interpublic Group of Companies, Inc. ("Interpublic")
sold 28,171 shares of its common stock, par value $.10 (the "Shares"), to
a non-U.S. individual resident in Hong Kong as one half of a total payment
of US $3,455,762, the remainder of which was paid in cash. This payment
represented the deferred portion of the purchase price in the acquisition
in l995 by Ludgate Group Limited, a United Kingdom subsidiary of
Interpublic, of the assets ofa Hong Kong company owned by such individual.
No underwriter or placement agent was used in connection with the sale of
the Shares.
The transaction was effected in an "offshore transaction" and in accordance
with the "offering restrictions" and "no directed selling efforts"
requirements of Rule 903(c)(2) of Regulation S under the Securities Act of
1933.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE INTERPUBLIC GROUP OF COMPANIES, INC.
Date: May 13, 1998 By: NICHOLAS J. CAMERA
VICE PRESIDENT, GENERAL COUNSEL
AND SECRETARY
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