Omnicom to Pay $30 Per $1,000 of Liquid Yield Option Notes(TM) Due 2031

NEW YORK, Feb. 3 /PRNewswire-FirstCall/ -- Omnicom Group Inc. (NYSE: OMC) announced today that it will pay $30 per $1,000 principal amount of its Liquid Yield Notes(TM) due 2031 to registered noteholders who have not, as of immediately following the close of business on February 4, 2003, exercised their right to require Omnicom to purchase notes. The payment will be made to qualifying noteholders on February 21, 2003.

Noteholders who tender their notes for purchase by Omnicom on or before the close of business on February 4, 2003 and who do not withdraw the tender by such time will not be eligible for such payment.

Omnicom ( is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

SOURCE Omnicom Group Inc.