EXHIBIT (e)
                    
                    SUPPLEMENTAL AGREEMENT
                                

     SUPPLEMENTAL AGREEMENT made as of March 1, 1998, by and

between THE INTERPUBLIC GROUP OF COMPANIES, INC., a corporation

of the State of Delaware (hereinafter referred to as the

"Corporation") and FRANK B. LOWE (hereinafter referred to as

"Executive").

                       W I T N E S S E T H

     WHEREAS, the Corporation and Executive are parties to an

Employment Agreement made as of January 1, 1996 (hereinafter

referred to as the "Agreement"); and

     WHEREAS, the Corporation and Executive desire to amend the

Agreement;

     NOW, THEREFORE, in consideration of the mutual promises

herein and in the Agreement set forth, the parties hereto,

intending to be legally bound, agree as follows:

          1.   Section 3.01 of the Agreement is hereby amended, effective

     March 1, 1998, so as to delete "$750,000" and to substitute

     therefor "$850,000."

          2.   Except as hereinabove amended, the Agreement shall continue

     in full force and effect.

          3.   This Supplemental Agreement shall be governed by the laws of

     the State of New York.




               THE INTERPUBLIC GROUP OF COMPANIES, INC.

                              By: /S/ C. KENT KROEBER
                                  /S/ C. KENT KROEBER
/S/ FRANK B. LOWE
                                  /S/ FRANK B. LOWE