Omnicom Reports First Quarter 2005 Results

NEW YORK, April 26, 2005 /PRNewswire-FirstCall via COMTEX/ -- Omnicom Group Inc. (NYSE: OMC) today announced that net income for the first quarter of 2005 increased 11% to $150.5 million from $135.6 million in the first quarter of 2004. Diluted earnings per share in the first quarter of 2005 increased 14% to $0.82 per share from $0.72 per share in the first quarter of 2004.

Worldwide revenue increased 8% to $2,403.0 million from $2,231.4 million in the first quarter of 2004. Domestic revenue for the first quarter of 2005 increased 8% to $1,312.1 million compared to $1,221.2 million in 2004. International revenue increased 8% to $1,090.9 million compared to $1,010.2 million last year.

Omnicom Group Inc. (NYSE: OMC) (http://www.omnicomgroup.com) is a leading global advertising, 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.

For a live webcast and/or a replay of our first quarter earnings conference call, go to http://www.omnicomgroup.com/InvestorRelations.

Omnicom Group Inc.

    (Unaudited)
    (In Millions of Dollars, Expect Per Share Data)

    Three Months Ended March 31,                        2005           2004

    Revenue                                         $2,403.0       $2,231.4

    Operating expenses                               2,145.7        2,002.1

    Operating income                                   257.3          229.3

    Net interest expense                                12.1           10.4

    Income before income taxes                         245.2          218.9

    Income taxes                                        86.1          73.6

    Income after income taxes                          159.1          145.3

    Equity in affiliates                                 5.2            2.5
    Minority interests                                 (13.8)         (12.2)

    Net income                                        $150.5         $135.6

    Earnings per share
      Basic                                            $0.82          $0.72
      Diluted                                          $0.82          $0.72

    Weighted average shares (in millions)
      Basic                                            182.6          187.9
      Diluted                                          183.8          188.7

    Dividend declared per share                       $0.225         $0.225

SOURCE Omnicom Group Inc.

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