REPORT OF INDEPENDENT ACCOUNTANTS
                 ON FINANCIAL STATEMENT SCHEDULE


To the Board of Directors of
The Interpublic Group of Companies, Inc.

Our audits of the consolidated financial statements referred to in
our report dated February 20, 1998 appearing in the 1997 Annual
Report to Stockholders of The Interpublic Group of Companies, Inc.
(which report and consolidated financial statements are
incorporated by reference in this Annual Report on Form 10-K) also
included an audit of the Financial Statement Schedule listed in
Item 14 (a) of this Form 10-K.  In our opinion, this Financial
Statement Schedule presents fairly, in all material respects, the
information set forth therein when read in conjunction with the
related consolidated financial statements.

PRICE WATERHOUSE LLP
New York, New York
February 20, 1998

                 CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in the
Registration Statements on Form S-8 of The Interpublic Group of
Companies, Inc. (the "Company"), of our report dated February 20,
1998, appearing in the 1997 Annual Report to Stockholders which is
incorporated in this Annual Report on Form 10-K: Registration
Statements No. 2-79071; No. 2-43811; No. 2-56269; No. 2-61346;
No. 2-64338; No. 2-67560; No. 2-72093; No. 2-88165; No. 2-90878,
No. 2-97440 and No. 33-28143, relating variously to the Stock Option
Plan (1971), the Stock Option Plan (1981), the Stock Option Plan
(1988) and the Achievement Stock Award Plan of the Company;
Registration Statements No. 2-53544; No. 2-91564, No. 2-98324,
No. 33-22008, No. 33-64062 and No. 33-61371, relating variously to
the Employee Stock Purchase Plan (1975), the Employee Stock Purchase
Plan (1985) and the Employee Stock Purchase Plan of the Company
(1995); Registration Statements No. 33-20291 and No. 33-2830
relating to the Management Incentive Compensation Plan of the
Company; Registration Statements No. 33-5352, No. 33-21605, 
No. 333-4747 and No. 333-23603 relating to the 1986 Stock Incentive
Plan, the 1986 United Kingdom Stock Option Plan and the 1996 Stock
Incentive Plan, of the Company; Registration Statements No. 33-10087
and No. 33-25555 relating to the Long-Term Performance Incentive
Plan of the Company; Registration Statement No. 333-28029 relating
to The Interpublic Outside Directors' Stock Incentive Plan of the
Company; and Registration Statement No. 33-42675 relating to The
1997 Performance Incentive Plan of the Company.  We hereby consent

PAGE

to the incorporation by reference in the Prospectuses constituting
part of the Registration Statements on Form S-3 (No. 333-22899, No.
333-42243, No. 333-42905, and No. 333-45569) of The Interpublic
Group of Companies, Inc. of our report dated February 20, 1998
appearing in the 1997 Annual Report to Stockholders which is
incorporated in this Annual Report on Form 10-K.  We also consent to
the incorporation by reference of our report on the Financial
Statement Schedule, which appears above.

PRICE WATERHOUSE LLP
New York, New York
March 26, 1998
                                 F-2