Form 4
FORM 4 [ ]Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Files pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person Gunnar Wilmot 1271 Avenue of the Americas New York, NY 10020 US	2. Issuer Name and Ticker or Trading Symbol The Interpubublic Group of Companies, Inc. (IPG)		6. Relationship of Reporting Person(s) to Issuer Officer ________________________ SVP, Planning & Business Development
	3. IRS or Social Security Number of Reporting Person (voluntary)	4. Statement for Month/Day/Year 3/10/2003	7. Individual or Joint/Group Filing  Form filed by One Reporting Person
		5. If Amendment, Date of Original (Month/Day/Yr) Original Date N/A

Table I-Non-Derivative Securities Acquired,Disposed of, or Beneficially Owned
1. Title of Security	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date if any (Month/Day/Year)	3. Transaction Code		4. Securities Acquired (A) or Disposed of (D)			5. Amount o f Securities Beneficially Owned Following Reported Transaction(s)	6. Ownership Form: Direct (D) or Indirect (I)	7. Nature of Indirect Beneficial Ownership
			Code	V	Amount	(A) or (D)	Price
Common Stock	3/10/03		J (1)		25,000	D	$8.01	21,060 (2)	D

Table II-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Derivative Security

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date if any (Month/Day/Year)

4. Transaction Code

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

6. Date Exercisable and Ex-piration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities

8. Price of Derivative Security

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)

10. Ownership Form of Derivative Security: Direct(D)or Indirect (I)

11. Nature of Indirect Beneficial Ownership

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options

96,940

D

Explanation of Responses
(1) Shares disposed of in satisfaction of margin call; (2) Includes 14,000 restricted shares which are subject to forfeiture under certain circumstances
**Intentional misstatements or omissions of facts constiute Federal Criminal Violations. See 18 U.S.C. 1001 and 15U.S.C. 78ff(a). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
	Signature of Reporting Person: Gunnar P. Wilmot	Date: 3/12/2003