{"id":40914,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/company-notice-to-holders-of-notes-put-option-expiration-date.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"company-notice-to-holders-of-notes-put-option-expiration-date","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/finance\/company-notice-to-holders-of-notes-put-option-expiration-date.html","title":{"rendered":"Company Notice to Holders of Notes &#8211; Put Option Expiration Date &#8211; Interpublic Group of Companies, Inc."},"content":{"rendered":"<p align=\"center\"><strong>COMPANY NOTICE <\/strong><\/p>\n<p align=\"center\"><strong>TO HOLDERS OF THE <\/strong><\/p>\n<p align=\"center\"><strong>4.25% CONVERTIBLE SENIOR NOTES DUE 2023 <\/strong><\/p>\n<p align=\"center\"><strong>ISSUED BY <\/strong><\/p>\n<p align=\"center\"><strong>THE INTERPUBLIC GROUP OF COMPANIES, INC. <\/strong>\n<\/p>\n<p align=\"center\"><strong>CUSIP Numbers: 460690 BA 7 and 460690 AZ 3 <\/strong>\n<\/p>\n<p>NOTICE IS HEREBY GIVEN pursuant to the terms and conditions of the Senior<br \/>\nDebt Indenture, dated as of November 15, 2006 (the &#8220;Base Indenture&#8221;), between<br \/>\nThe Interpublic Group of Companies, Inc., a Delaware corporation (the &#8220;Company&#8221;)<br \/>\nand The Bank of New York, a New York banking corporation, as trustee (the<br \/>\n&#8220;Trustee&#8221;), as supplemented by the First Supplemental Indenture, dated as of<br \/>\nNovember 15, 2006 (the &#8220;First Supplemental Indenture&#8221; and, together with the<br \/>\nBase Indenture, the &#8220;Indenture&#8221;), between the Company and the Trustee, relating<br \/>\nto the Company153s 4.25% Convertible Senior Notes due 2023 (the &#8220;Notes&#8221;), that at<br \/>\nthe option of the holders thereof (each, a &#8220;Holder&#8221;), the Notes will be<br \/>\npurchased by the Company for a purchase price (the &#8220;Purchase Price&#8221;) equal to<br \/>\n$1,000 per $1,000 principal amount of the Notes, plus any accrued and unpaid<br \/>\ninterest (including contingent interest) up to, but excluding, March 15, 2012<br \/>\n(the &#8220;Purchase Date&#8221;), upon the terms and subject to the conditions set forth in<br \/>\nthe Indenture and the Notes. The Purchase Date is an Interest Payment Date under<br \/>\nthe terms of the Indenture. Accordingly, interest accrued up to, but excluding,<br \/>\nthe Purchase Date will be paid to record holders as of the Regular Record Date,<br \/>\nas defined in the Indenture, and we expect that there will be no accrued and<br \/>\nunpaid interest due as part of the Purchase Price. The right of a Holder to<br \/>\nrequire the Company to purchase the Notes, as described in this Company Notice<br \/>\nand the related notice materials, as amended and supplemented from time to time,<br \/>\nis referred to herein as the &#8220;Put Option.&#8221; This Company Notice is being sent<br \/>\npursuant to Section 2.05 of the First Supplemental Indenture and the provisions<br \/>\nof the Notes. All capitalized terms used but not specifically defined herein<br \/>\nshall have the meanings given to such terms in the Indenture and the Notes.<\/p>\n<p><strong>To exercise the Put Option for your Notes, you must complete and<br \/>\ndeliver the enclosed Letter of Transmittal and Purchase Notice (the &#8220;Purchase<br \/>\nNotice&#8221;) to the Paying Agent before 11:59 p.m., New York City time, on<br \/>\nWednesday, March 14, 2012 (the &#8220;Expiration Date&#8221;). A Purchase Notice may be<br \/>\nwithdrawn at any time before 11:59 p.m., New York City time, on the Expiration<br \/>\nDate. The Put Option expires at 11:59 p.m., New York City time, on the<br \/>\nExpiration Date. <\/strong><\/p>\n<p><strong>HOLDERS WHO HOLD THEIR NOTES THROUGH THE DEPOSITORY TRUST COMPANY<br \/>\n(&#8220;DTC&#8221;) WHO WISH TO EXERCISE THE PUT OPTION AND DELIVER THEIR NOTES TO THE<br \/>\nPAYING AGENT NEED NOT SUBMIT A PHYSICAL PURCHASE NOTICE TO THE PAYING AGENT IF<br \/>\nSUCH HOLDERS TRANSMIT THEIR ACCEPTANCE AND DELIVER THEIR NOTES ELECTRONICALLY<br \/>\nTHROUGH DTC153S AUTOMATED TENDER OFFER PROGRAM (&#8220;ATOP&#8221;), SUBJECT TO THE TERMS AND<br \/>\nPROCEDURES OF THAT SYSTEM. HOLDERS TRANSMITTING THEIR ACCEPTANCE AND DELIVERING<br \/>\nTHEIR NOTES THROUGH DTC153S ATOP SYSTEM MUST ALLOW SUFFICIENT TIME FOR COMPLETION<br \/>\nOF THE ATOP PROCEDURES DURING THE NORMAL BUSINESS HOURS OF DTC. <\/strong><\/p>\n<p>The Paying Agent is The Bank of New York. The address of the Paying Agent is:\n<\/p>\n<p align=\"center\">Bank of New York Mellon Corporation<\/p>\n<p align=\"center\">Corporate Trust Reorganization Unit<\/p>\n<p align=\"center\">101 Barclay Street:7 East<\/p>\n<p align=\"center\">New York, New York 10286<\/p>\n<p align=\"center\">Attention: Carolle Montreuil<\/p>\n<p align=\"center\">Telephone: (212) 815-5920<\/p>\n<p align=\"center\">Fax: (212) 298-1915<\/p>\n<p>Additional copies of this Company Notice may be obtained from the Paying<br \/>\nAgent at its addresses set forth above.<\/p>\n<p align=\"center\">The date of this Company Notice is February 15, 2012.<\/p>\n<hr>\n<p align=\"center\"><strong>TABLE OF CONTENTS <\/strong><\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"3%\"><\/td>\n<td width=\"2%\" valign=\"bottom\"><\/td>\n<td width=\"90%\"><\/td>\n<td width=\"2%\" valign=\"bottom\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td colspan=\"2\" valign=\"bottom\">\n<p align=\"center\"><strong>Page<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" valign=\"top\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_1\" rel=\"noopener\">SUMMARY<br \/>\nTERM SHEET<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">1<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" valign=\"top\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_2\" rel=\"noopener\">IMPORTANT<br \/>\nINFORMATION CONCERNING THE PUT OPTION<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">5<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>1.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_3\" rel=\"noopener\">Information<br \/>\nConcerning the Company<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">5<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_4\" rel=\"noopener\">Information<br \/>\nConcerning the Notes<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">5<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.1.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_5\" rel=\"noopener\">The<br \/>\nCompany153s Obligation to Purchase the Notes<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">5<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.2.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_6\" rel=\"noopener\">Purchase<br \/>\nPrice<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">6<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.3.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_7\" rel=\"noopener\">Conversion<br \/>\nRights of the Notes<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">6<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.4.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_8\" rel=\"noopener\">Market<br \/>\nfor the Notes and our Common Stock<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">6<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.5.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_9\" rel=\"noopener\">Optional<br \/>\nRedemption<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">7<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.6.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_10\" rel=\"noopener\">Holder153s<br \/>\nRight to Require Redemption Upon Change in Control<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">7<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>2.7.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_11\" rel=\"noopener\">Ranking<\/a>\n<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">7<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>3.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_12\" rel=\"noopener\">Procedures<br \/>\nto Be Followed by Holders Electing to Exercise the Put Option<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">7<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>3.1.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_13\" rel=\"noopener\">Method<br \/>\nof Delivery<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">8<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>3.2.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_14\" rel=\"noopener\">Purchase<br \/>\nNotice<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">8<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>3.3.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_15\" rel=\"noopener\">Delivery<br \/>\nof Notes<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">9<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>4.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_16\" rel=\"noopener\">Right<br \/>\nof Withdrawal<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">9<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>5.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_17\" rel=\"noopener\">Payment<br \/>\nfor Notes<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>6.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_18\" rel=\"noopener\">Notes<br \/>\nAcquired<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>7.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_19\" rel=\"noopener\">Plans<br \/>\nor Proposals of the Company<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>8.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_20\" rel=\"noopener\">Interests<br \/>\nof Directors, Executive Officers and Affiliates of the Company in the Notes<\/a>\n<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">11<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>9.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_21\" rel=\"noopener\">Legal<br \/>\nMatters; Regulatory Approvals<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">11<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>10.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_22\" rel=\"noopener\">Purchases<br \/>\nof Notes by the Company and Its Affiliates<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">11<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>11.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_23\" rel=\"noopener\">Material<br \/>\nUnited States Income Tax Considerations<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">12<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>12.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_24\" rel=\"noopener\">Additional<br \/>\nInformation<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">13<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>13.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_25\" rel=\"noopener\">No<br \/>\nSolicitations<\/a><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">14<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>14.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_26\" rel=\"noopener\">Definitions<\/a>\n<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">14<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>15.<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_27\" rel=\"noopener\">Conflicts<\/a>\n<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">14<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" valign=\"top\">\n<p>\n<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/51644\/000119312512062438\/d294301dex99a1a.htm#not294301_28\" rel=\"noopener\">SCHEDULE<br \/>\nA: INFORMATION ABOUT THE EXECUTIVE OFFICERS AND DIRECTORS OF THE COMPANY <\/a>\n<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"right\">A-1<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>No person has been authorized to give any information or to make any<br \/>\nrepresentations other than those contained in this Company Notice and<br \/>\naccompanying Purchase Notice and, if given or made, such information or<br \/>\nrepresentations must not be relied upon as having been authorized. This Company<br \/>\nNotice and accompanying Purchase Notice do not constitute an offer to buy or the<br \/>\nsolicitation of an offer to sell securities in any circumstances or jurisdiction<br \/>\nin which such offer or solicitation is unlawful. The delivery of this Company<br \/>\nNotice shall not, under any circumstances, create any implication that the<br \/>\ninformation contained herein is current as of any time subsequent to the date of<br \/>\nsuch information. None of the Company, its Board of Directors or its employees<br \/>\nis making any representation or recommendation to any Holder as to whether to<br \/>\nexercise or refrain from exercising the Put Option. You should consult your own<br \/>\nfinancial and tax advisors and must make your own decision as to whether to<br \/>\nexercise the Put Option and, if so, the amount of Notes for which to exercise<br \/>\nthe Put Option. <\/em><\/p>\n<p align=\"center\">i<\/p>\n<hr>\n<p align=\"center\"><strong>SUMMARY TERM SHEET <\/strong><\/p>\n<p><em>The following are answers to some of the questions that you may have<br \/>\nabout the Put Option. To understand the Put Option fully and for a more detailed<br \/>\ndescription of the terms of the Put Option, we urge you to read carefully the<br \/>\nremainder of this Company Notice and the accompanying Purchase Notice because<br \/>\nthose documents contain additional important information. We have included page<br \/>\nreferences to direct you to a more detailed description of the topics in this<br \/>\nsummary. <\/em><\/p>\n<p><strong>Who is obligated to purchase my Notes? <\/strong><\/p>\n<p>The Interpublic Group of Companies, Inc., a Delaware corporation (the<br \/>\n&#8220;Company&#8221;), is obligated, at your option, to purchase its 4.25% Convertible<br \/>\nSenior Notes due 2023 (the &#8220;Notes&#8221;). (See Page 5)<\/p>\n<p><strong>Why are you obligated to purchase my Notes? <\/strong><\/p>\n<p>The right of each holder (each, a &#8220;Holder&#8221;) of the Notes to sell and our<br \/>\nobligation to purchase the Notes pursuant to the Put Option is a term of the<br \/>\nNotes under the Senior Debt Indenture, dated as of November 15, 2006 (the &#8220;Base<br \/>\nIndenture&#8221;), between the Company and The Bank of New York, a New York banking<br \/>\ncorporation, as trustee (the &#8220;Trustee&#8221;), as supplemented by the First<br \/>\nSupplemental Indenture, dated as of November 15, 2006 (the &#8220;First Supplemental<br \/>\nIndenture&#8221; and, together with the Base Indenture, the &#8220;Indenture&#8221;), between the<br \/>\nCompany and the Trustee, and has been a right of Holders from the time the Notes<br \/>\nwere issued. (See Page 5)<\/p>\n<p><strong>What securities are you obligated to purchase? <\/strong><\/p>\n<p>We are obligated to purchase all of the Notes for which a Purchase Notice has<br \/>\nbeen validly delivered and not withdrawn. As of February 14, 2012, there was<br \/>\n$400.0 million in aggregate principal amount of the Notes outstanding. (See Page<br \/>\n5)<\/p>\n<p><strong>How much will you pay and what is the form of payment? <\/strong><\/p>\n<p>Pursuant to the terms of the Indenture and the Notes, we will pay, in cash, a<br \/>\npurchase price (the &#8220;Purchase Price&#8221;) equal to $1,000 per $1,000 principal<br \/>\namount of the Notes, plus any accrued and unpaid interest (including contingent<br \/>\ninterest) up to, but excluding, March 15, 2012 (the &#8220;Purchase Date&#8221;), with<br \/>\nrespect to any and all Notes for which a Purchase Notice has been validly<br \/>\ndelivered and not withdrawn. The Purchase Date is an Interest Payment Date under<br \/>\nthe terms of the Indenture. Accordingly, interest accrued up to, but excluding,<br \/>\nthe Purchase Date will be paid to record holders as of the Regular Record Date,<br \/>\nas defined in the Indenture, and we expect that there will be no accrued and<br \/>\nunpaid interest due as part of the Purchase Price. (See Pages 5-6)<\/p>\n<p><strong>How can I determine the market value of the Notes? <\/strong><\/p>\n<p>There is no established reporting system or market for trading in the Notes.<br \/>\nTo the extent that the Notes are traded, prices of the Notes may fluctuate<br \/>\nwidely depending on trading volume, the balance between buy and sell orders,<br \/>\nprevailing interest rates, the market price of our common stock, par value $0.10<br \/>\nper share (the &#8220;Common Stock&#8221;), our operating results and the market for similar<br \/>\nsecurities. Holders are urged to obtain current market quotations for the Notes,<br \/>\nto the extent available, before making any decision with respect to the Put<br \/>\nOption. Shares of our Common Stock, into which the Notes are convertible, are<br \/>\nlisted on the New York Stock Exchange (the &#8220;NYSE&#8221;) under the symbol &#8220;IPG.&#8221; On<br \/>\nFebruary 14, 2012 the last reported sales price of our Common Stock on the NYSE<br \/>\nwas $10.70 per share. (See Pages 6-7)<\/p>\n<p align=\"center\">1<\/p>\n<hr>\n<p><strong>What does the Company153s Board of Directors think of the Put Option?<br \/>\n<\/strong><\/p>\n<p>Although the Company153s Board of Directors approved the terms of Notes,<br \/>\nincluding the Put Option, before the Notes were issued, it has not made any<br \/>\nrecommendation as to whether you should exercise or refrain from exercising the<br \/>\nPut Option. You must make your own decision whether to exercise the Put Option<br \/>\nand, if so, the amount of Notes for which to exercise the Put Option. (See Page<br \/>\n6)<\/p>\n<p><strong>When does the Put Option expire? <\/strong><\/p>\n<p>The Put Option expires at 11:59 p.m., New York City time, on March 14, 2012<br \/>\n(the &#8220;Expiration Date&#8221;). The period that Holders have to exercise the Put Option<br \/>\nwill not be extended unless required by applicable law. (See Page 5)<\/p>\n<p><strong>What are the conditions to the Company153s purchase of the Notes?<br \/>\n<\/strong><\/p>\n<p>Provided that the Company153s purchase of validly delivered Notes is not<br \/>\nunlawful and that no event of default under the Indenture has occurred and is<br \/>\ncontinuing (other than an event of default that is cured by the payment of the<br \/>\nPurchase Price), the purchase will not be subject to any conditions. Delivery of<br \/>\nthe Notes to the Paying Agent or delivery of the Notes by book-entry transfer to<br \/>\nthe account maintained by the Paying Agent with The Depository Trust Company<br \/>\n(&#8220;DTC&#8221;) is a condition to the payment of the Purchase Price to the Holder of<br \/>\nsuch Notes. (See Page 5)<\/p>\n<p><strong>How do I exercise the Put Option? <\/strong><\/p>\n<p>To exercise the Put Option, you must deliver the Purchase Notice, together<br \/>\nwith any other required documents, to the Paying Agent before 11:59 p.m., New<br \/>\nYork City time, on the Expiration Date.<\/p>\n<p><strong>HOLDERS WHO HOLD THEIR NOTES THROUGH DTC WHO WISH TO EXERCISE THE PUT<br \/>\nOPTION AND DELIVER THEIR NOTES TO THE PAYING AGENT NEED NOT SUBMIT A PHYSICAL<br \/>\nPURCHASE NOTICE TO THE PAYING AGENT IF SUCH HOLDERS TRANSMIT THEIR ACCEPTANCE<br \/>\nAND DELIVER THEIR NOTES ELECTRONICALLY THROUGH DTC153S AUTOMATED TENDER OFFER<br \/>\nPROGRAM (&#8220;ATOP&#8221;), SUBJECT TO THE TERMS AND PROCEDURES OF THAT SYSTEM. HOLDERS<br \/>\nTRANSMITTING THEIR ACCEPTANCE AND DELIVERING THEIR NOTES THROUGH DTC153S ATOP<br \/>\nSYSTEM MUST ALLOW SUFFICIENT TIME FOR COMPLETION OF THE ATOP PROCEDURES DURING<br \/>\nTHE NORMAL BUSINESS HOURS OF DTC. <\/strong><\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>Holders whose Notes are held in certificated form who wish to exercise the<br \/>\nPut Option and simultaneously deliver their Notes to the Paying Agent must<br \/>\nproperly complete and execute the Purchase Notice and deliver such notice,<br \/>\ntogether with the Notes (including all necessary endorsements) and any other<br \/>\nrequired documents, to the Paying Agent.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>Holders who are DTC participants who wish to exercise the Put Option and<br \/>\ndeliver their Notes to the Paying Agent should transmit their acceptance and<br \/>\ndeliver their Notes electronically through DTC153s ATOP system, subject to the<br \/>\nterms and procedures of that system.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>Holders who are DTC participants may elect to deliver a completed and<br \/>\nexecuted Purchase Notice, together with any other required documents, to the<br \/>\nPaying Agent and concurrently deliver their Notes by book-entry transfer to the<br \/>\nPaying Agent153s account at DTC.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>Holders whose Notes are held by a broker, dealer, commercial bank, trust<br \/>\ncompany or other nominee must contact such nominee if such Holders desire to<br \/>\nexercise the Put Option and instruct such nominee to exercise the Put Option on<br \/>\nthe Holders153 behalf by following the procedures described in this Company<br \/>\nNotice.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">2<\/p>\n<hr>\n<p>Holders who wish to exercise the Put Option without simultaneously delivering<br \/>\ntheir Notes to the Paying Agent must (i) properly complete and execute the<br \/>\nPurchase Notice, (ii) check the appropriate box in the section of the Purchase<br \/>\nNotice entitled &#8220;Method of Delivery&#8221; to indicate that Notes are not<br \/>\nsimultaneously delivered to the Paying Agent and (iii) deliver the Purchase<br \/>\nNotice, together with any other required documents, to the Paying Agent before<br \/>\n11:59 p.m., New York City time, on the Expiration Date. Delivery of Notes to the<br \/>\nPaying Agent or delivery of the Notes by book-entry transfer to the account<br \/>\nmaintained by the Paying Agent with DTC is a condition to the payment of the<br \/>\nPurchase Price to the Holder of such Notes. (See Pages 7-9)<\/p>\n<p><strong>If I exercise the Put Option, when will I receive payment for my<br \/>\nNotes? <\/strong><\/p>\n<p>If you exercise the Put Option, you must deliver the Notes for which you have<br \/>\ndelivered a Purchase Notice (together with all necessary endorsements) to the<br \/>\nPaying Agent or deliver such Notes by book-entry transfer to the Paying Agent153s<br \/>\naccount at DTC prior to, on or after the Purchase Date. Your delivery of the<br \/>\nNotes to the Paying Agent or delivery of the Notes by book-entry transfer to the<br \/>\naccount maintained by the Paying Agent with DTC is a condition to your receipt<br \/>\nof the Purchase Price for such Notes. (See Pages 7-8)<\/p>\n<p><strong>HOLDERS WHO HOLD THEIR NOTES THROUGH DTC NEED NOT DELIVER PHYSICAL<br \/>\nNOTE CERTIFICATES TO THE PAYING AGENT IF SUCH HOLDERS COMPLY WITH THE DELIVERY<br \/>\nPROCEDURES OF DTC. <\/strong><\/p>\n<p>We will accept for payment all validly delivered Notes promptly following<br \/>\nexpiration of the Put Option. At or before 10:00 a.m., New York City time, on<br \/>\nMarch 15, 2012, we will deposit with the Paying Agent the appropriate amount of<br \/>\ncash required to pay the Purchase Price for the Notes for which a Purchase<br \/>\nNotice has been validly delivered and not withdrawn by 11:59 p.m., New York City<br \/>\ntime, on the Expiration Date. The Paying Agent will pay cash to the Holders<br \/>\npromptly following the later of the Purchase Date and the time of delivery or<br \/>\nbook-entry transfer of such Holders153 Notes to the Paying Agent. (See Pages 9-11)\n<\/p>\n<p><strong>Can I withdraw a previously delivered Purchase Notice? <\/strong><\/p>\n<p>Yes. To withdraw a previously delivered Purchase Notice, you must deliver an<br \/>\nexecuted written notice of withdrawal substantially in the form attached, or a<br \/>\nfacsimile of one, to the Paying Agent before 11:59 p.m., New York City time, on<br \/>\nthe Expiration Date. (See Pages 9-10)<\/p>\n<p><strong>HOLDERS WHO EXERCISED THE PUT OPTION AND DELIVERED THEIR NOTES TO THE<br \/>\nPAYING AGENT THROUGH DTC153S ATOP SYSTEM SHOULD ELECTRONICALLY TRANSMIT THEIR<br \/>\nWITHDRAWAL THROUGH DTC153S ATOP SYSTEM, SUBJECT TO THE TERMS AND PROCEDURES OF<br \/>\nTHAT SYSTEM. HOLDERS TRANSMITTING THEIR WITHDRAWAL THROUGH DTC153S ATOP SYSTEM<br \/>\nMUST ALLOW SUFFICIENT TIME FOR COMPLETION OF THE ATOP PROCEDURES DURING THE<br \/>\nNORMAL BUSINESS HOURS OF DTC. <\/strong><\/p>\n<p><strong>Do I need to do anything if I do not wish to exercise the Put Option?<br \/>\n<\/strong><\/p>\n<p>No. (See Page 7)<\/p>\n<p><strong>If I choose to exercise the Put Option, do I have to exercise the Put<br \/>\nOption for all of my Notes? <\/strong><\/p>\n<p>No. You may exercise the Put Option for all of your Notes, a portion of your<br \/>\nNotes or none of your Notes. If you wish to exercise the Put Option for a<br \/>\nportion of your Notes, however, you must exercise the Put Option for Notes in a<br \/>\nprincipal amount of $1,000 or an integral multiple thereof. (See Page 7)<\/p>\n<p align=\"center\">3<\/p>\n<hr>\n<p><strong>If I do not exercise the Put Option, will I continue to be able to<br \/>\nexercise my conversion rights? <\/strong><\/p>\n<p>Yes. If you do not exercise the Put Option, your conversion rights will not<br \/>\nbe affected. You will continue to have the right to convert each $1,000<br \/>\nprincipal amount of the Notes into 82.4612 shares of our Common Stock, subject<br \/>\nto the terms, conditions and adjustments specified in the Indenture and the<br \/>\nNotes. (See Page 6)<\/p>\n<p><strong>If I am a U.S. resident for U.S. federal income tax purposes, will I<br \/>\nhave to pay taxes if I exercise the Put Option? <\/strong><\/p>\n<p>The receipt of cash in exchange for Notes pursuant to the Put Option will be<br \/>\na taxable transaction for U.S. federal income tax purposes and you may recognize<br \/>\nincome, loss or deduction. You should consult with your own tax advisor<br \/>\nregarding the actual tax consequences to you. (See Pages 12-13)<\/p>\n<p><strong>Who is the Paying Agent? <\/strong><\/p>\n<p>The Bank of New York, the trustee under the Indenture, is serving as Paying<br \/>\nAgent for the Notes. Its address and telephone and fax numbers are set forth on<br \/>\nthe front cover of this Company Notice.<\/p>\n<p><strong>Whom can I contact if I have questions about the Put Option?<br \/>\n<\/strong><\/p>\n<p>Questions and requests for assistance in connection with the Put Option may<br \/>\nbe directed to the Paying Agent at the address and telephone and fax numbers set<br \/>\nforth on the front cover of this Company Notice.<\/p>\n<p align=\"center\">4<\/p>\n<hr>\n<p align=\"center\"><strong>IMPORTANT INFORMATION CONCERNING THE PUT OPTION<br \/>\n<\/strong><\/p>\n<p><strong>1. Information Concerning the Company.<\/strong> The Interpublic Group<br \/>\nof Companies, Inc., a Delaware corporation (the &#8220;Company&#8221; or &#8220;we&#8221;), is obligated<br \/>\nto purchase its 4.25% Convertible Senior Notes due 2023 (the &#8220;Notes&#8221;) for which<br \/>\nPurchase Notices have been validly delivered and not withdrawn. The Notes are<br \/>\nconvertible into shares of common stock, par value $0.10 per share (the &#8220;Common<br \/>\nStock&#8221;), of the Company, subject to the terms, conditions and adjustments<br \/>\nspecified in the Indenture and the Notes. The Company is both the &#8220;filing<br \/>\nperson&#8221; and the &#8220;subject company.&#8221;<\/p>\n<p>We are one of the world153s premier global advertising and marketing services<br \/>\ncompanies. Through our 42,000 employees in all major world markets, our<br \/>\ncompanies specialize in consumer advertising, digital marketing, communications<br \/>\nplanning and media buying, public relations and specialized communications<br \/>\ndisciplines. Our agencies create customized marketing programs for many of the<br \/>\nworld153s largest companies. Comprehensive global services are critical to<br \/>\neffectively serve our multinational and local clients in markets throughout the<br \/>\nworld, as they seek to build brands, increase sales of their products and<br \/>\nservices and gain market share.<\/p>\n<p>The work we produce for our clients is specific to their unique needs. Our<br \/>\nsolutions vary from project-based activity involving one agency to long-term,<br \/>\nfully integrated campaigns created by multiple Company agencies working<br \/>\ntogether. With offices in over 100 countries, we can operate in a single region,<br \/>\nor deliver global integrated programs.<\/p>\n<p>Our principal executive offices are located at 1114 Avenue of the Americas,<br \/>\nNew York, New York, 10036. Our main telephone number at that address is (212)<br \/>\n704-1200. Our website address is www.interpublic.com. We have not incorporated<br \/>\nby reference into this Company Notice the information included on or linked from<br \/>\nour website, and you should not consider it to be a part of this Company Notice.\n<\/p>\n<p><strong>2. Information Concerning the Notes.<\/strong> On November 15, 2006,<br \/>\nwe issued $400.0 million in aggregate principal amount of the Notes. Cash<br \/>\ninterest accrues on the Notes at the rate of 4.25% per annum and is payable<br \/>\nsemi-annually on March 15 and September 15 of each year to the person in whose<br \/>\nname a Note is registered at the close of business on the preceding March 1 or<br \/>\nSeptember 1, as the case may be. The Notes mature on March 15, 2023. As of<br \/>\nFebruary 14, 2012, there was $400.0 million in aggregate principal amount of the<br \/>\nNotes outstanding.<\/p>\n<p><strong>2.1. <em>The Company153s Obligation to Purchase the<br \/>\nNotes.<\/em><\/strong> Pursuant to the terms of the Notes and the Indenture, we<br \/>\nare obligated to purchase all of the Notes for which Purchase Notices have been<br \/>\nvalidly delivered and not withdrawn at a purchase price (the &#8220;Purchase Price&#8221;)<br \/>\nequal to $1,000 per $1,000 principal amount of the Notes, plus any accrued and<br \/>\nunpaid interest (including contingent interest) up to, but excluding, March 15,<br \/>\n2012 (the &#8220;Purchase Date&#8221;). The Purchase Date is an Interest Payment Date under<br \/>\nthe terms of the Indenture. Accordingly, interest accrued up to, but excluding,<br \/>\nthe Purchase Date will be paid to record holders as of the Regular Record Date,<br \/>\nas defined in the Indenture, and we expect that there will be no accrued and<br \/>\nunpaid interest due as part of the Purchase Price.<\/p>\n<p>The Put Option will expire at 11:59 p.m., New York City time, on March 14,<br \/>\n2012 (the &#8220;Expiration Date&#8221;). The period that Holders have to exercise the Put<br \/>\nOption will not be extended unless required by applicable law.<\/p>\n<p>The purchase by the Company of validly delivered Notes is not subject to any<br \/>\nconditions other than (1) that no event of default under the Indenture has<br \/>\noccurred and is continuing (other than an event of default that is cured by the<br \/>\npayment of the Purchase Price) and (2) that the Company153s purchase is not<br \/>\nunlawful. Delivery of Notes to the Paying Agent or delivery of the Notes by<br \/>\nbook-entry transfer to the account maintained by the Paying Agent with The<br \/>\nDepository Trust Company (&#8220;DTC&#8221;) is a condition to the payment of the Purchase<br \/>\nPrice to the Holder of such Notes.<\/p>\n<p align=\"center\">5<\/p>\n<hr>\n<p><strong>2.2. <em>Purchase Price.<\/em><\/strong> Pursuant to terms of the<br \/>\nIndenture and the Notes, the Purchase Price to be paid by the Company for the<br \/>\nNotes is equal to $1,000 per $1,000 principal amount of the Notes, plus any<br \/>\naccrued and unpaid interest (including contingent interest) up to, but<br \/>\nexcluding, the Purchase Date. The Purchase Date is an Interest Payment Date<br \/>\nunder the terms of the Indenture. Accordingly, interest accrued up to, but<br \/>\nexcluding, the Purchase Date will be paid to record holders as of the Regular<br \/>\nRecord Date, as defined in the Indenture, and we expect that there will be no<br \/>\naccrued and unpaid interest due as part of the Purchase Price. The Purchase<br \/>\nPrice will be paid in cash with respect to any and all Notes for which a<br \/>\nPurchase Notice has been validly delivered and not withdrawn. Notes will be<br \/>\naccepted for purchase only in principal amounts equal to $1,000 or integral<br \/>\nmultiples thereof. The Paying Agent will pay the Purchase Price to the Holders<br \/>\npromptly following the later of the Purchase Date and the time of delivery or<br \/>\nbook-entry transfer of such Holders153 Notes to the Paying Agent in accordance<br \/>\nwith the procedures described in this Company Notice.<\/p>\n<p>With respect to Notes for which a Purchase Notice has been validly delivered<br \/>\nand not withdrawn, interest (including contingent interest) will accrue up to,<br \/>\nbut excluding, the Purchase Date, unless the Company defaults in making payment<br \/>\nof the Purchase Price for such Notes.<\/p>\n<p>The Purchase Price is based solely on the requirements of the Indenture and<br \/>\nthe Notes and does not necessarily bear any relationship to the market price of<br \/>\nthe Notes or our Common Stock. Thus, the Purchase Price may be significantly<br \/>\nhigher or lower than the current market price of the Notes. Holders of Notes are<br \/>\nurged to obtain the best available information as to potential current market<br \/>\nprices of the Notes, to the extent available, and our Common Stock before making<br \/>\na decision whether to exercise the Put Option.<\/p>\n<p>None of the Company, its Board of Directors or its employees is making any<br \/>\nrecommendation to Holders as to whether to exercise or refrain from exercising<br \/>\nthe Put Option. Each Holder must make his or her own decision whether to<br \/>\nexercise the Put Option and, if so, the principal amount of Notes for which to<br \/>\nexercise the Put Option based on such Holder153s assessment of the current market<br \/>\nvalue of the Notes and our Common Stock and other relevant factors.<\/p>\n<p><strong>2.3. <em>Conversion Rights of the Notes.<\/em><\/strong> Upon the<br \/>\noccurrence of an event listed in paragraph 9 of the Notes, the Notes will be<br \/>\nconvertible into shares of our Common Stock in accordance with and subject to<br \/>\nthe terms of the Indenture and the Notes. The conversion rate of the Notes is<br \/>\n82.4612 shares of Common Stock per $1,000 principal amount of the Notes. The<br \/>\nPaying Agent is currently acting as Conversion Agent for the Notes.<\/p>\n<p>Holders who do not exercise the Put Option will maintain the right to convert<br \/>\ntheir Notes into Common Stock pursuant to the Indenture. Any Notes as to which a<br \/>\nPurchase Notice has been validly delivered may be converted in accordance with<br \/>\nthe terms of the Indenture only if the Purchase Notice has been validly<br \/>\nwithdrawn before 11:59 p.m., New York City time, on the Expiration Date, as<br \/>\ndescribed in Section 4 of this Company Notice.<\/p>\n<p><strong>2.4. <em>Market for the Notes and our Common Stock.<\/em><\/strong><br \/>\nThere is no established reporting system or market for trading in the Notes. To<br \/>\nthe extent that the Notes are traded, prices of the Notes may fluctuate widely<br \/>\ndepending on trading volume, the balance between buy and sell orders, prevailing<br \/>\ninterest rates, the market price of our Common Stock, our operating results and<br \/>\nthe market for similar securities.<\/p>\n<p align=\"center\">6<\/p>\n<hr>\n<p>Our Common Stock, into which the Notes are convertible, is listed on the New<br \/>\nYork Stock Exchange (the &#8220;NYSE&#8221;) under the symbol &#8220;IPG.&#8221; The following table<br \/>\nshows, for the periods indicated, the high and low closing sales prices per<br \/>\nshare of our Common Stock as reported by the NYSE.<\/p>\n<table style=\"width: 92%; border-collapse: collapse;\" width=\"92%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"82%\"><\/td>\n<td width=\"4%\" valign=\"bottom\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td width=\"4%\" valign=\"bottom\"><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td colspan=\"2\" valign=\"bottom\">\n<p align=\"center\"><strong>High<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td colspan=\"2\" valign=\"bottom\">\n<p align=\"center\"><strong>Low<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p><strong>2012:<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>First Quarter (through February 14, 2012)<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10.88<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10.16<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td colspan=\"4\"><\/td>\n<td colspan=\"4\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p><strong>2011:<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Fourth Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">9.92<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">6.95<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Third Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">12.84<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">7.20<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Second Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">12.63<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">11.15<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>First Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">13.20<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10.47<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td colspan=\"4\"><\/td>\n<td colspan=\"4\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p><strong>2010:<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Fourth Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">11.11<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">9.98<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Third Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">10.17<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">6.93<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Second Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">9.87<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">7.13<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>First Quarter<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">8.79<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>$<\/p>\n<\/td>\n<td valign=\"bottom\">\n<p align=\"right\">6.35<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On February 14, 2012, the closing sale price of our Common Stock, as reported<br \/>\nby the NYSE, was $10.70 per share.<\/p>\n<p>We urge you to obtain current market information for the Notes, to the extent<br \/>\navailable, and our Common Stock before making any decision whether to exercise<br \/>\nor refrain from exercising the Put Option.<\/p>\n<p><strong>2.5. <em>Optional Redemption.<\/em><\/strong> Beginning on March 15,<br \/>\n2012, the Notes are redeemable for cash at any time at our option, in whole or<br \/>\nin part, at a redemption price equal to the principal amount of Notes to be<br \/>\nredeemed plus any accrued and unpaid interest (including any contingent<br \/>\ninterest) up to, but excluding, the date fixed for redemption, as provided for<br \/>\nin the Indenture and the Notes. If we call the Notes for redemption, Holders may<br \/>\nconvert Notes into Common Stock at any time prior to the close of business on<br \/>\nthe Business Day prior to the Redemption Date in accordance with paragraph 9 of<br \/>\nthe Notes.<\/p>\n<p><strong>2.6. <em>Holder153s Right to Require Repurchase Upon Change in<br \/>\nControl.<\/em><\/strong> Each Holder may require us to repurchase all or any part<br \/>\nof his or her Notes if there is a Fundamental Change (as defined in the<br \/>\nIndenture) at a repurchase price equal to the Fundamental Change Purchase Price<br \/>\n(as defined in the Indenture).<\/p>\n<p><strong>2.7. <em>Ranking.<\/em><\/strong> The Notes are our general unsecured<br \/>\nobligations and rank senior in right of payment to all our existing and future<br \/>\nindebtedness that is, by its terms, expressly subordinated in right of payment<br \/>\nto the Notes. The Notes rank equally in right of payment with all our existing<br \/>\nand future unsecured indebtedness that is not so subordinated. Because we are a<br \/>\nholding company, our rights and the rights of our creditors, including Holders<br \/>\nof the Notes, to participate in the assets of any subsidiary during its<br \/>\nliquidation or reorganization, are subject to the prior claims of the<br \/>\nsubsidiary153s creditors, except to the extent that we are ourselves a creditor<br \/>\nwith recognized claims against the subsidiary. On a consolidated basis, we had<br \/>\n$1,574.7 million of debt outstanding as of September 30, 2011, none of which was<br \/>\nsecured or subordinated debt.<\/p>\n<p><strong>3. Procedures to Be Followed by Holders Electing to Exercise the Put<br \/>\nOption.<\/strong> Holders will not be entitled to receive the Purchase Price for<br \/>\ntheir Notes unless they (i) validly deliver and do not withdraw a Purchase<br \/>\nNotice before 11:59 p.m., New York City time, on the Expiration Date and (ii)<br \/>\ndeliver the Notes for which they have delivered such Purchase Notice (together<br \/>\nwith all necessary endorsements) to the Paying Agent or deliver such Notes to<br \/>\nthe Paying Agent153s account at DTC prior to, on or after the Purchase Date. Only<br \/>\nregistered Holders are authorized to deliver their Notes for purchase. Holders<br \/>\nmay exercise the Put Option for some or all of their Notes; however, if Holders<br \/>\nwish to exercise the Put Option for a portion of their Notes, they must exercise<br \/>\nthe Put Option for Notes in a principal amount of $1,000 or an integral multiple<br \/>\nthereof.<\/p>\n<p align=\"center\">7<\/p>\n<hr>\n<p>If Holders do not validly deliver a Purchase Notice, or if they withdraw a<br \/>\nvalidly delivered Purchase Notice, for their Notes before 11:59 p.m., New York<br \/>\nCity time, on the Expiration Date, their Notes will not be purchased and will<br \/>\nremain outstanding subject to the existing terms of the Notes and the Indenture.\n<\/p>\n<p><strong>3.1. <em>Method of Delivery.<\/em><\/strong> The method of delivery of<br \/>\nNotes, the related Purchase Notice and all other required documents, including<br \/>\ndelivery and acceptance through DTC and DTC153s Automated Tender Offer Program<br \/>\n(&#8220;ATOP&#8221;), is at the election and risk of the person delivering such Notes,<br \/>\nPurchase Notice or other documents and, except as expressly otherwise provided<br \/>\nin the Purchase Notice, delivery will be deemed made only when actually received<br \/>\nby the Paying Agent. The date of any postmark or other indication of when a Note<br \/>\nor a Purchase Notice was sent will not be taken into account in determining<br \/>\nwhether such materials were timely received. If such delivery is by mail, it is<br \/>\nsuggested that Holders use properly insured, registered mail with return receipt<br \/>\nrequested, and that Holders mail the Purchase Notice and other required<br \/>\ndocuments sufficiently in advance of the Expiration Date to permit timely<br \/>\ndelivery to the Paying Agent.<\/p>\n<p><strong>3.2. <em>Purchase Notice.<\/em><\/strong> To exercise the Put Option,<br \/>\nHolders of Notes must deliver to the Paying Agent the Purchase Notice at any<br \/>\ntime from the opening of business on February 15, 2012 until 11:59 p.m., New<br \/>\nYork City time, on the Expiration Date, and must not withdraw such notice.<br \/>\nPursuant to the Indenture, the Purchase Notice must contain:<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>if certificated, the certificate number of the Notes being delivered for<br \/>\npurchase, or if not certificated, the Purchase Notice must comply with<br \/>\nappropriate DTC procedures;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>the portion of the principal amount of the Notes which will be delivered to<br \/>\nbe purchased, which portion must be in principal amounts of $1,000 or an<br \/>\nintegral multiple thereof; and<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>a statement that such Notes shall be purchased as of the Purchase Date<br \/>\npursuant to the terms and conditions specified in paragraph 7 of the Notes and<br \/>\nin the Indenture.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Enclosed with this Company Notice is the form of Purchase Notice that you are<br \/>\nrequired to use.<\/p>\n<p>Holders who wish to exercise the Put Option without simultaneously delivering<br \/>\ntheir Notes to the Paying Agent must (i) properly complete and execute the<br \/>\nPurchase Notice, (ii) check the appropriate box in the section of the Purchase<br \/>\nNotice entitled &#8220;Method of Delivery&#8221; to indicate that Notes are not<br \/>\nsimultaneously delivered to the Paying Agent and (iii) deliver the Purchase<br \/>\nNotice, together with any other required documents, to the Paying Agent before<br \/>\n11:59 p.m., New York City time, on the Expiration Date. Delivery of the Notes to<br \/>\nthe Paying Agent or delivery of the Notes by book-entry transfer to the account<br \/>\nmaintained by the Paying Agent with DTC is a condition to payment of the<br \/>\nPurchase Price to the Holder of such Notes.<\/p>\n<p><strong>HOLDERS WHO HOLD THEIR NOTES THROUGH DTC WHO WISH TO EXERCISE THE PUT<br \/>\nOPTION AND DELIVER THEIR NOTES TO THE PAYING AGENT NEED NOT SUBMIT A PHYSICAL<br \/>\nPURCHASE NOTICE TO THE PAYING AGENT IF SUCH HOLDERS TRANSMIT THEIR ACCEPTANCE<br \/>\nAND DELIVER THEIR NOTES ELECTRONICALLY THROUGH DTC153S ATOP SYSTEM, SUBJECT TO THE<br \/>\nTERMS AND PROCEDURES OF THAT SYSTEM. HOLDERS TRANSMITTING THEIR ACCEPTANCE AND<br \/>\nDELIVERING THEIR NOTES THROUGH DTC153S ATOP SYSTEM MUST ALLOW SUFFICIENT TIME FOR<br \/>\nCOMPLETION OF THE ATOP PROCEDURES DURING THE NORMAL BUSINESS HOURS OF DTC.<br \/>\n<\/strong><\/p>\n<p><em>Notes in Certificated Form.<\/em> Holders whose Notes are held in<br \/>\ncertificated form who wish to exercise the Put Option and simultaneously deliver<br \/>\ntheir Notes to the Paying Agent must properly complete and execute the Purchase<br \/>\nNotice and deliver such notice, together with the Notes (including all necessary<br \/>\nendorsements) and any other required documents, to the Paying Agent.<\/p>\n<p align=\"center\">8<\/p>\n<hr>\n<p><em>Notes in Global Form.<\/em> Holders who are DTC participants who wish to<br \/>\nexercise the Put Option and deliver their Notes to the Paying Agent should<br \/>\nelectronically transmit their acceptance through DTC153s ATOP system, subject to<br \/>\nthe terms and procedures of that system. In transmitting its acceptance through<br \/>\nDTC153s ATOP system, a Holder acknowledges receipt of the Purchase Notice and<br \/>\nagrees to be bound by the terms set forth in the Purchase Notice.<\/p>\n<p>Holders who are DTC participants may also elect to deliver a completed and<br \/>\nexecuted Purchase Notice, together with any other required documents, to the<br \/>\nPaying Agent and concurrently deliver their Notes by book-entry transfer to the<br \/>\nPaying Agent153s account at DTC.<\/p>\n<p><em>Notes Held Through a Custodian.<\/em> Holders whose Notes are held by a<br \/>\nbroker, dealer, commercial bank, trust company or other nominee must contact<br \/>\nsuch nominee if such Holders desire to exercise the Put Option and instruct such<br \/>\nnominee to exercise the Put Option on the Holders153 behalf by following the<br \/>\nprocedures described in this Company Notice.<\/p>\n<p><strong>3.3. <em>Delivery of Notes.<\/em><\/strong> To receive the Purchase<br \/>\nPrice, Holders must deliver the Notes (together with all necessary endorsements)<br \/>\nto the Paying Agent or deliver such Notes by book-entry transfer to the Paying<br \/>\nAgent153s account at DTC prior to, on or after the Purchase Date. Delivery of the<br \/>\nNotes to the Paying Agent or delivery of the Notes by book-entry transfer to the<br \/>\naccount maintained by the Paying Agent with DTC is a condition to the payment of<br \/>\nthe Purchase Price to the Holder of such Notes.<\/p>\n<p><strong>HOLDERS WHO HOLD THEIR NOTES THROUGH DTC NEED NOT DELIVER PHYSICAL<br \/>\nNOTE CERTIFICATES TO THE PAYING AGENT IF SUCH HOLDERS COMPLY WITH THE DELIVERY<br \/>\nPROCEDURES OF DTC. <\/strong><\/p>\n<p>Notes must be delivered to the Paying Agent or delivered by book-entry<br \/>\ntransfer to the Paying Agent153s account at DTC to collect payment of the Purchase<br \/>\nPrice. Delivery of Notes to DTC or to us does not constitute delivery to the<br \/>\nPaying Agent. Payment of the Purchase Price is subject to the Notes being<br \/>\ndelivered to the Paying Agent conforming in all respects to the description<br \/>\nthereof in the related Purchase Notice.<\/p>\n<p>Under no circumstances will Notes accrue interest by reason of any delay in<br \/>\nmaking payment to any person who delivers Notes after the Purchase Date. The<br \/>\nPurchase Price for Notes delivered after the Purchase Date will be the same as<br \/>\nthat for Notes delivered prior to or on the Purchase Date. If the Paying Agent<br \/>\nholds, in accordance with the terms of the Indenture, sufficient cash to pay the<br \/>\nPurchase Price for the Notes on the Business Day following the Purchase Date,<br \/>\nthen, on and after such date, such Notes will cease to be outstanding and<br \/>\ninterest (including contingent interest) on such Notes will cease to accrue,<br \/>\nwhether or not the Notes are delivered to the Paying Agent or delivered by<br \/>\nbook-entry transfer to the account maintained by the Paying Agent with DTC, and<br \/>\nall rights (other than the right to receive the Purchase Price upon delivery of<br \/>\nthe Notes) of the Holder of such Notes will terminate.<\/p>\n<p><strong>4. Right of Withdrawal.<\/strong> A Purchase Notice may be withdrawn,<br \/>\nfor some or all of the Notes for which such Purchase Notice has been delivered,<br \/>\nat any time before 11:59 p.m., New York City time, on the Expiration Date. In<br \/>\norder to withdraw a Purchase Notice, Holders must deliver to the Paying Agent<br \/>\nwritten notice, substantially in the form enclosed herewith, containing:<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>if certificated, the certificate number of the Notes with respect to which<br \/>\nsuch notice of withdrawal is being submitted, or if not certificated, the notice<br \/>\nof withdrawal must comply with appropriate DTC procedures;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>the principal amount of the Notes with respect to which such notice of<br \/>\nwithdrawal is submitted; and<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>the principal amount, if any, of such Notes which remain subject to the<br \/>\noriginal Purchase Notice and which have been or will be delivered for purchase<br \/>\nby the Company.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">9<\/p>\n<hr>\n<p>The signature on the notice of withdrawal must be guaranteed by an eligible<br \/>\nguarantor institution (as defined in Rule 17Ad-15 under the Securities Exchange<br \/>\nAct of 1934, as amended (the &#8220;Exchange Act&#8221;)) if certificates have been<br \/>\ndelivered or otherwise identified to the Paying Agent. A properly withdrawn<br \/>\nPurchase Notice will be deemed not to have been validly delivered for purposes<br \/>\nof the Put Option. The Put Option for Notes for which a Purchase Notice has been<br \/>\nwithdrawn may be re-exercised by following the delivery procedures described in<br \/>\nSection 3 before 11:59 p.m., New York City time, on the Expiration Date.<br \/>\nEnclosed with this Company Notice is a Notice of Withdrawal that may be used for<br \/>\nwithdrawing a Purchase Notice.<\/p>\n<p><strong>HOLDERS WHO EXERCISED THE PUT OPTION AND DELIVERED THEIR NOTES TO THE<br \/>\nPAYING AGENT THROUGH DTC153S ATOP SYSTEM SHOULD ELECTRONICALLY TRANSMIT THEIR<br \/>\nWITHDRAWAL THROUGH DTC153S ATOP SYSTEM, SUBJECT TO THE TERMS AND PROCEDURES OF<br \/>\nTHAT SYSTEM. HOLDERS TRANSMITTING THEIR WITHDRAWAL THROUGH DTC153S ATOP SYSTEM<br \/>\nMUST ALLOW SUFFICIENT TIME FOR COMPLETION OF THE ATOP PROCEDURES DURING THE<br \/>\nNORMAL BUSINESS HOURS OF DTC. <\/strong><\/p>\n<p>Holders may withdraw any Notes previously delivered to the Paying Agent and<br \/>\nnot yet accepted for payment after the expiration of 40 business days from the<br \/>\ndate of this Company Notice.<\/p>\n<p><strong>5. Payment for Notes.<\/strong> At or before 10:00 a.m., New York City<br \/>\ntime, on March 15, 2012, we will deposit with the Paying Agent the appropriate<br \/>\namount of cash required to pay the Purchase Price for the Notes for which a<br \/>\nPurchase Notice has been validly delivered and not withdrawn by 11:59 p.m., New<br \/>\nYork City time, on the Expiration Date, and the Paying Agent will promptly<br \/>\ndistribute the cash to each Holder that has validly delivered its Notes to the<br \/>\nPaying Agent or validly delivered such Notes to the Paying Agent153s account at<br \/>\nDTC prior to or on the Purchase Date.<\/p>\n<p>The total amount of funds required by us to purchase all of the Notes is<br \/>\n$400.0 million (assuming the Put Option is validly exercised for all of the<br \/>\nNotes and all of the Notes are validly delivered and accepted for payment). In<br \/>\nthe event the Put Option is exercised for any Notes and any Notes are validly<br \/>\ndelivered and accepted for payment, we intend to use cash on hand. We do not<br \/>\nhave any alternative financing plans.<\/p>\n<p><strong>6. Notes Acquired.<\/strong> Any Notes purchased by us pursuant to the<br \/>\nPut Option will be cancelled by the Trustee, pursuant to the terms of the<br \/>\nIndenture.<\/p>\n<p><strong>7. Plans or Proposals of the Company.<\/strong> Except as described in<br \/>\nthese materials or in our filings with the Securities and Exchange Commission<br \/>\n(the &#8220;SEC&#8221;) or as previously publicly announced, we currently have no<br \/>\nagreements, nor have we authorized any actions, which would be material to a<br \/>\nHolder153s decision to exercise the Put Option, which relate to or which would<br \/>\nresult in:<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any extraordinary transaction, such as a merger, reorganization or<br \/>\nliquidation, involving us or any of our subsidiaries;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any purchase, sale or transfer of a material amount of our assets or any of<br \/>\nour significant subsidiaries;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any material change in our present dividend rate or policy, indebtedness or<br \/>\ncapitalization;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any change in our present Board of Directors or management, including, but<br \/>\nnot limited to, any plans or proposals to change the number or the term of<br \/>\ndirectors or to fill any existing vacancies on the board or to change any<br \/>\nmaterial term of the employment contract of any executive officer;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any other material change in our corporate structure or business;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any class of our equity securities to be delisted from a national securities<br \/>\nexchange or cease to be authorized to be quoted in an automated quotation system<br \/>\noperated by a national securities association;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any class of our equity securities becoming eligible for termination of<br \/>\nregistration under Section 12(g)(4) of the Exchange Act;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">10<\/p>\n<hr>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>the suspension of our obligation to file reports under Section 15(d) of the<br \/>\nExchange Act;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>the acquisition by any person of additional securities of ours, or the<br \/>\ndisposition of our securities; or<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"5%\"><\/td>\n<td width=\"2%\" valign=\"top\">\n<\/td>\n<td width=\"1%\" valign=\"top\"><\/td>\n<td valign=\"top\">\n<p>any changes in our charter, bylaws or other governing instruments, or other<br \/>\nactions that could impede the acquisition of control of us.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>8. Interests of Directors, Executive Officers and Affiliates of the<br \/>\nCompany in the Notes.<\/strong> Neither we nor, to our knowledge after making<br \/>\nreasonable inquiry, any of our executive officers or directors or any<br \/>\n&#8220;associate&#8221; or subsidiary of any such person, has any beneficial interest in the<br \/>\nNotes, or has engaged in any transaction in the Notes during the 60 days<br \/>\npreceding the date of this Company Notice. A list of our executive officers and<br \/>\ndirectors is attached to this Company Notice as <em>Schedule A<\/em>. The term<br \/>\n&#8220;associate&#8221; is used as defined in Rule 12b-2 under the Exchange Act.<\/p>\n<p>Certain of our directors and executive officers are participants in ordinary<br \/>\ncourse equity compensation plans and arrangements involving our Common Stock, as<br \/>\ndisclosed by us prior to the date hereof. We are party to a 10b5-1 plan with<br \/>\nHSBC Securities (USA) Inc. under which it will repurchase our Common Stock for<br \/>\nour account up to a daily limit from February 14 to February 27, 2012. We also<br \/>\nhold capped call options to hedge the risk of price appreciation on the shares<br \/>\nof our common stock into which our 4.75% Convertible Senior Notes due 2023 are<br \/>\nconvertible. The options give us the right to purchase up to 16.5 million shares<br \/>\nof our common stock at a strike price of $12.13 per share, except that the<br \/>\neconomic value of the net proceeds of exercising the options will not exceed the<br \/>\ndifference between the strike price and the cap price of $17.83. Subject to<br \/>\ncertain limitations, we may elect settlement of the options to occur in cash or<br \/>\nin shares. The options will expire on April 2, 2013. Except as described in this<br \/>\nparagraph, neither we nor, to our knowledge after making reasonable inquiry, any<br \/>\nof our executive officers or directors, is a party to any contract, arrangement,<br \/>\nunderstanding or agreement with any other person relating, directly or<br \/>\nindirectly, to the Put Option or with respect to any of our securities,<br \/>\nincluding, but not limited to, any contract, arrangement, understanding or<br \/>\nagreement concerning the transfer or the voting of the securities, joint<br \/>\nventures, loan or option arrangements, puts or calls, guarantees of loans,<br \/>\nguarantees against loss or the giving or withholding of proxies, consents or<br \/>\nauthorizations.<\/p>\n<p><strong>9. Legal Matters; Regulatory Approvals.<\/strong> We are not aware of<br \/>\nany license or regulatory permit that is material to our business that might be<br \/>\nadversely affected by the Put Option, or of any approval or other action by any<br \/>\ngovernment or regulatory authority or agency that is required for the<br \/>\nacquisition of the Notes as described in this Company Notice. Should any<br \/>\napproval or other action be required, we presently intend to seek the approval<br \/>\nor take the action. However, we cannot assure you that we would be able to<br \/>\nobtain any required approval or take any other required action.<\/p>\n<p><strong>10. Purchases of Notes by the Company and Its Affiliates.<\/strong><br \/>\nDuring the 60 days preceding the date of this Company Notice, the Company has<br \/>\nmade no purchases of the Notes.<\/p>\n<p>Effective on the date of this Company Notice, we and our affiliates,<br \/>\nincluding their executive officers and directors, are prohibited under<br \/>\napplicable United States federal securities laws from purchasing Notes (or the<br \/>\nright to purchase Notes) other than through the Put Option until at least the<br \/>\ntenth business day after the Purchase Date. The federal securities laws do not<br \/>\nprohibit us from exercising our right to redeem Notes pursuant to the terms of<br \/>\nthe Indenture. Following such time, if any Notes remain outstanding, we and our<br \/>\naffiliates may purchase Notes in the open market, in private transactions,<br \/>\nthrough a subsequent tender offer, or otherwise, any of which may be consummated<br \/>\nat purchase prices higher or lower than the Purchase Price. Any decision to<br \/>\npurchase Notes after the Purchase Date, if any, will depend upon many factors,<br \/>\nincluding the market price of the Notes, the amount of Notes delivered for<br \/>\npurchase pursuant to the Put Option, the market price of our Common Stock, our<br \/>\nbusiness and financial position, and general economic and market conditions.\n<\/p>\n<p align=\"center\">11<\/p>\n<hr>\n<p><strong>11. Material United States Income Tax Considerations.<\/strong><\/p>\n<p>The following discussion summarizes the material United States federal income<br \/>\ntax considerations that may be relevant to you if you exercise the Put Option.<br \/>\nThis summary is based on the Internal Revenue Code of 1986, as amended, and the<br \/>\nregulations, rulings and decisions thereunder, all of which are subject to<br \/>\nchange, possibly with retroactive effect.<\/p>\n<p>This summary does not describe all of the tax considerations that may be<br \/>\nrelevant to you. All Holders are strongly encouraged to consult with their tax<br \/>\nadvisor about the United States federal, state, local, foreign and other tax<br \/>\nconsequences of exercising the Put Option.<\/p>\n<p><em>U.S. Holders. <\/em>This discussion deals only with U.S. Holders (as<br \/>\ndefined below) who are beneficial owners of the Notes holding the Notes as<br \/>\ncapital assets, and does not apply if you are a member of a class of Holders<br \/>\nsubject to special rules, including, but not limited to: a dealer in Notes or<br \/>\ncurrencies; a trader in Notes who elects to use a mark-to-market method of<br \/>\naccounting for your Notes holdings; a bank or financial institution; an<br \/>\ninsurance company; a tax-exempt organization; a person owning Notes that are a<br \/>\nhedge or that are hedged against interest rate risks; a partnership or person<br \/>\ntreated as a partnership for United States federal income tax purposes, or a<br \/>\npartner thereof; a regulated investment company or real estate investment trust;<br \/>\na person owning Notes as part of a straddle or conversion transaction for tax<br \/>\npurposes; a United States person whose functional currency for tax purposes is<br \/>\nnot the U.S. dollar; or a United States expatriate. You will be a U.S. Holder if<br \/>\nyou are a beneficial owner of the Notes for United States federal income tax<br \/>\npurposes and you are: (i) a citizen or resident of the United States; (ii) a<br \/>\ndomestic corporation or other entity treated as such for United States federal<br \/>\nincome tax purposes; (iii) an estate whose income is subject to United States<br \/>\nfederal income taxation regardless of its source; or (iv) a trust if a United<br \/>\nStates court is able to exercise primary supervision over the trust153s<br \/>\nadministration and one or more United States persons can control all substantial<br \/>\ndecisions of the trust.<\/p>\n<p>Subject to the discussion of the market discount rules set forth below, your<br \/>\nexercise of the Put Option will result in taxable gain or loss to you equal to<br \/>\nthe difference between (i) the amount of cash received (other than amounts<br \/>\nattributable to accrued interest, which will be treated as an actual payment of<br \/>\ninterest on the Notes) and (ii) your adjusted tax basis in the Notes<br \/>\nsurrendered. If you obtained your Notes in exchange for the Company153s 4.50%<br \/>\nConvertible Senior Notes due 2023 (the &#8220;Old Notes&#8221;), your adjusted tax basis in<br \/>\nthe Notes generally should equal your adjusted tax basis in the Old Notes at the<br \/>\ntime of the exchange, increased by any gain and decreased by any loss you<br \/>\nrecognized in the exchange and further reduced by any amortized premium. If you<br \/>\nobtained your Notes in exchange for cash, your adjusted tax basis will generally<br \/>\nequal the amount paid for the Notes, increased by any amount of market discount<br \/>\npreviously taken into account and reduced by any amortizable bond premium<br \/>\npreviously amortized. Any such gain or loss will be long-term capital gain or<br \/>\nloss if your holding period in the Notes on the date you exercise the Put Option<br \/>\nis more than one year. The deductibility of net capital losses by individuals<br \/>\nand corporations is subject to limitations.<\/p>\n<p>Market discount is the excess, if any, of the principal amount of a Note over<br \/>\nyour tax basis in the Note at the time of the acquisition, unless the excess is<br \/>\nless than a specified de minimis amount, in which case market discount is<br \/>\nconsidered zero. In general, if you acquired the Notes with market discount, any<br \/>\ngain you realize on your exercise of the Put Option will result in ordinary<br \/>\nincome to the extent of the portion of the market discount that has accrued<br \/>\nwhile you held the Notes, unless you elected to include market discount in<br \/>\nincome currently as it accrued.<\/p>\n<p><em>Non-U.S. Holders.<\/em> A non-U.S. Holder is any Holder that is not a U.S.<br \/>\nHolder, as defined above. A non-U.S. Holder generally will not be subject to<br \/>\nUnited States federal income tax or withholding tax on any gain realized on the<br \/>\nreceipt of cash in exchange for Notes pursuant to the Put Option unless the gain<br \/>\nis effectively connected with a trade or business of the non-U.S. Holder in the<br \/>\nUnited States and, where a tax treaty applies, is attributable to a United<br \/>\nStates permanent establishment maintained by the Holder, or you are an<br \/>\nindividual non-U.S. Holder who is present in the United States for more than 183<br \/>\ndays in the taxable year during which you exercise the Put Option and certain<br \/>\nother conditions are met.<\/p>\n<p align=\"center\">12<\/p>\n<hr>\n<p>If a non-U.S. Holder is engaged in a trade or business in the United States<br \/>\nand the Holder153s investment in the Notes is effectively connected with such<br \/>\ntrade or business, the Holder will be subject to regular United States federal<br \/>\nincome tax on a net income basis on any gain recognized upon a sale of the Notes<br \/>\npursuant to the Put Option in the same manner as if the Holder were a U.S.<br \/>\nHolder.<\/p>\n<p><em>Backup Withholding. <\/em>A U.S. Holder may be subject to backup<br \/>\nwithholding with respect to payments made pursuant to the Put Option unless such<br \/>\nU.S. Holder (i) is a corporation or comes within certain other exempt categories<br \/>\nand demonstrates this fact, or (ii) provides a correct taxpayer identification<br \/>\nnumber, certifies as to no loss of exemption from backup withholding and<br \/>\notherwise complies with applicable requirements of the backup withholding rules.<br \/>\nThe amount of any backup withholding will be allowed as a credit against such<br \/>\nU.S. Holder153s United States federal income tax liability and may entitle such<br \/>\nU.S. Holder to a refund, provided that the required information is furnished to<br \/>\nthe IRS. Information reporting, and possibly backup withholding, may apply if<br \/>\nthe Notes are held by a non-U.S. Holder through a U.S. broker or financial<br \/>\ninstitution or the U.S. office of a non-U.S. broker or financial institution and<br \/>\nthe non-U.S. Holder fails to provide appropriate information (on Form W-8BEN or<br \/>\nother applicable form). Non-U.S. Holders should consult their tax advisors with<br \/>\nrespect to the application of U.S. information reporting and backup withholding<br \/>\nrules to the disposition of Notes pursuant to the Put Option.<\/p>\n<p><strong>All descriptions of tax considerations are for Holders153 guidance only<br \/>\nand are not tax advice. We recommend that Holders consult with their tax and<br \/>\nfinancial advisors with respect to the tax consequences of exercising the Put<br \/>\nOption, including the applicability and effect of state, local and foreign tax<br \/>\nlaws, before exercising the Put Option for any of their Notes. <\/strong><\/p>\n<p><strong>12. Additional Information.<\/strong> This Company Notice is part of a<br \/>\nTender Offer Statement on Schedule TO that we have filed with the SEC. This<br \/>\nCompany Notice does not contain all of the information contained in the Schedule<br \/>\nTO and the exhibits to the Schedule TO. We recommend that you review the<br \/>\nSchedule TO, including its exhibits, and the following materials that we have<br \/>\nfiled with the SEC before making a decision as to whether to exercise or refrain<br \/>\nfrom exercising the Put Option:<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"4%\"><\/td>\n<td width=\"4%\" valign=\"top\">\n<p>1.<\/p>\n<\/td>\n<td valign=\"top\">\n<p>Our annual report on Form 10-K for the year ended December 31, 2010;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"4%\"><\/td>\n<td width=\"4%\" valign=\"top\">\n<p>2.<\/p>\n<\/td>\n<td valign=\"top\">\n<p>Our quarterly reports on Form 10-Q for the quarters ended March 31, 2011,<br \/>\nJune 30, 2011 and September 30, 2011;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"4%\"><\/td>\n<td width=\"4%\" valign=\"top\">\n<p>3.<\/p>\n<\/td>\n<td valign=\"top\">\n<p>Our current reports on Form 8-K filed February 22, 2011, March 25, 2011,<br \/>\nMarch 31, 2011, May 26, 2011, May 27, 2011, June 1, 2011, June 13, 2011, August<br \/>\n15, 2011, August 17, 2011, August 26, 2011, September 12, 2011, November 16,<br \/>\n2011 and December 2, 2011; and<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"4%\"><\/td>\n<td width=\"4%\" valign=\"top\">\n<p>4.<\/p>\n<\/td>\n<td valign=\"top\">\n<p>All documents filed by us with the SEC pursuant to Sections 13(a), 13(c), 14<br \/>\nand 15(d) of the Exchange Act subsequent to the date of this Company Notice and<br \/>\nbefore 11:59 p.m., New York City time, on the Expiration Date. Notwithstanding<br \/>\nthe foregoing, information furnished but not filed in any current report on Form<br \/>\n8-K, including the related exhibits, is not deemed referenced herein.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>We expect to file our annual report on Form 10-K for the year ended December<br \/>\n31, 2011 on or before February 29, 2012. The SEC file number for these filings<br \/>\nis 001-06686. These filings, our other annual, quarterly and current reports,<br \/>\nour proxy statements and our other SEC filings may be examined, and copies may<br \/>\nbe obtained, at the SEC153s public reference room at 100 F Street N.E.,<br \/>\nWashington, D.C. 20549. You may obtain information on the operation of the<br \/>\npublic reference room by calling the SEC at 1-800-SEC-0330. Our SEC filings are<br \/>\nalso available to the public on the SEC153s Internet site at www.sec.gov.<\/p>\n<p>Each person to whom a copy of this Company Notice is delivered may obtain a<br \/>\ncopy of any or all of the documents to which we have referred you, other than<br \/>\nexhibits to such documents, unless such exhibits are specifically incorporated<br \/>\nby reference into such documents, at no cost, by writing or calling us at 1114<br \/>\nAvenue of the Americas, New York, New York, 10036, Attention: Nicholas J.<br \/>\nCamera, Secretary, (212) 704-1200.<\/p>\n<p align=\"center\">13<\/p>\n<hr>\n<p>As you read the documents listed above, you may find some inconsistencies in<br \/>\ninformation from one document to another. If you find inconsistencies between<br \/>\nthe documents, or between a document and this Company Notice, you should rely on<br \/>\nthe statements made in the most recent document.<\/p>\n<p>In making your decision as to whether to exercise the Put Option, you should<br \/>\nread the information about us contained in this Company Notice together with the<br \/>\ninformation contained in the documents to which we have referred you.<\/p>\n<p><strong>13. No Solicitations.<\/strong> We have not employed or retained any<br \/>\npersons to make solicitations or recommendations in connection with the Put<br \/>\nOption. We have retained Global Bondholder Services Corporation (&#8220;GBSC&#8221;) to<br \/>\nassist us in the distribution of this Company Notice and the related notice<br \/>\nmaterials to Holders of the Notes and to brokers, dealers, commercial banks and<br \/>\nother nominees of Holders. We will pay GBSC reasonable and customary<br \/>\ncompensation for its services in connection with the Put Option, plus<br \/>\nreimbursement for out-of-pocket expenses. We have also agreed to indemnify GBSC<br \/>\nagainst certain liabilities, including liabilities arising under the federal<br \/>\nsecurities laws.<\/p>\n<p><strong>14. Definitions.<\/strong> All capitalized terms used but not<br \/>\nspecifically defined herein shall have the meanings given to such terms in the<br \/>\nIndenture.<\/p>\n<p><strong>15. Conflicts.<\/strong> In the event of any conflict between this<br \/>\nCompany Notice and the accompanying Purchase Notice on the one hand and the<br \/>\nterms of the Indenture or any applicable laws on the other hand, the terms of<br \/>\nthe Indenture or applicable laws, as the case may be, will control.<\/p>\n<p><strong><em>None of us, our Board of Directors or our employees is making any<br \/>\nrecommendation to any Holder as to whether to exercise or refrain from<br \/>\nexercising the Put Option. Each Holder must make his or her own decision whether<br \/>\nto exercise the Put Option and, if so, the principal amount of Notes for which<br \/>\nto exercise the Put Option based on his or her own assessment of current market<br \/>\nvalue and other relevant factors. <\/em><\/strong><\/p>\n<p align=\"center\">THE INTERPUBLIC GROUP OF COMPANIES, INC.<\/p>\n<p align=\"center\">14<\/p>\n<hr>\n<p align=\"center\"><strong><u>SCHEDULE A <\/u><\/strong><\/p>\n<p align=\"center\"><strong>INFORMATION ABOUT THE EXECUTIVE OFFICERS <\/strong>\n<\/p>\n<p align=\"center\"><strong>AND DIRECTORS OF THE COMPANY <\/strong><\/p>\n<p>The table below sets forth information about our executive officers and<br \/>\ndirectors as of February 14, 2012. To the best of our knowledge after making<br \/>\nreasonable inquiry, none of our executive officers or directors has beneficial<br \/>\nownership in the Notes.<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"32%\"><\/td>\n<td width=\"3%\" valign=\"bottom\"><\/td>\n<td width=\"65%\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\">\n<p><strong>Name<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p align=\"center\"><strong>Position<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Michael I. Roth<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Chairman of the Board and Chief Executive Officer<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Nicolas Brien<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Chairman and Chief Executive Officer of McCann Worldgroup<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Nicholas J. Camera<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Senior Vice President, General Counsel and Secretary<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Christopher F. Carroll<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Senior Vice President, Controller and Chief Accounting Officer<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Julie M. Conners<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Senior Vice President, Audit and Chief Risk Officer<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Philippe Krakowsky<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Executive Vice President, Chief Strategy and Talent Officer<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Frank Mergenthaler<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Executive Vice President and Chief Financial Officer<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Reginald K. Brack<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Jocelyn Carter-Miller<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Jill M. Considine<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Richard A. Goldstein<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>H. John Greeniaus<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Mary J. Steele Guilfoile<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>Dawn Hudson<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>William T. Kerr<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<p>David M. Thomas<\/p>\n<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">\n<p>Director<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The business address and telephone number of each executive officer and<br \/>\ndirector is c\/o The Interpublic Group of Companies, Inc., Attention: Nicholas J.<br \/>\nCamera, 1114 Avenue of the Americas, New York, New York, 10036, (212) 704-1200.\n<\/p>\n<p align=\"center\">A-1<\/p><\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7901],"corporate_contracts_industries":[9503],"corporate_contracts_types":[9560,9569],"class_list":["post-40914","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-interpublic-group-of-cos-inc","corporate_contracts_industries-services__advertising","corporate_contracts_types-finance","corporate_contracts_types-finance__notpur"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/40914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=40914"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=40914"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=40914"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=40914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}