September 20, 1996 Ms. Lara McGinty SunTrust Banks, Inc. 711 Fifth Avenue, Fifth Floor New York, NY 10022 RE: CREDIT AGREEMENT BETWEEN THE INTERPUBLIC GROUP OF COMPANIES, INC. AND SUNTRUST BANK Dear Lara: We are writing to you in connection with the Credit Agreement between The Interpublic Group of Companies, Inc. and SunTrust Bank dated September 30, 1992 and effective as of December 30, 1992 (the "Agreement"). Section 2.13 of the Agreement provides that the Borrower may request extension of the Commitment under the Agreement for an additional period of one year from the then current Termination Date. Notwithstanding the dates specified in Section 2.13 of the Agreement for requesting such extension, we hereby request that you extend the Termination Date of the Agreement to December 1, 1998. If you are agreeable to our request, please so indicate by signing and returning the duplicate copy of this letter which we have enclosed herewith. Thank you. Sincerely, Alan M. Forster Vice President & Treasurer ACCEPTED & AGREED SUNTRUST BANK By:Lara McGinty, Banking Officer Date: 10/31/96 cc: Mr. Kenneth E. Dutcher Ms. Barbara S. Gmora Ms. Regina E. Dooley