EXHIBIT 99.1
[TRUE NORTH LOGO]

April 9, 2001

Dear Shareholder:

2000 was a landmark year for True North. Not only did we meet many of our
financial objectives, but True North also recently entered into an agreement to
combine with The Interpublic Group of Companies to create one of the largest
marketing communications holding companies in the world.

CHANGES TO OUR ANNUAL REPORT AND OUR ANNUAL MEETING OF SHAREHOLDERS -- Because
of the proposed transaction with Interpublic, True North decided this year to
avoid the expense of the typical "glossy" annual report and to present our 2000
results in the Annual Report on Form 10-K that you are receiving today.

In addition, our annual meeting of shareholders -- previously scheduled for
May 16th -- has been postponed and instead we will be having a special
shareholder meeting to vote on the Interpublic transaction. You will receive
more information and proxy materials prior to that meeting.

2000 RESULTS AND OUTLOOK -- The significant improvements in our operating
results for 2000 reflect our focus on financial discipline and the positive
momentum of our brands: we are proud of what we have accomplished. Yet the pace
and demands of business afford no time for looking back, only for moving
forward. And so we are looking to the future in joining with Interpublic. More
detailed information pertaining to the proposed merger with Interpublic will be
set forth in appropriate filings to be made with the Securities And Exchange
Commission (SEC). You are urged to read relevant documents that are filed with
the SEC because they will contain important information. You will be able to
obtain a free copy of any filings containing information about Interpublic and
True North, without charge, at the SEC's internet site (http://www.sec.gov).
Copies of filings containing information about True North can also be obtained,
without charge, by directing a request to Sue Geanuleas at True North, who can
be reached (312) 425-6570.

Sincerely,

/s/ David Bell
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David Bell
Chairman and Chief Executive Officer
True North Communications Inc.