June 16, 1998
Xx. Xxxxxxx X. Xxxxxx
Lloyds Bank
000 Xxxxx Xxxxxx
Xxx Xxxx, XX 00000
RE: CREDIT AGREEMENT BETWEEN THE INTERPUBLIC
GROUP OF COMPANIES, INC. AND LLOYDS BANK PLC.
Dear Windsor:
We are writing to you in connection with the Credit
Agreement between The Interpublic Group of Companies, Inc.
and Lloyds Bank Plc dated July 3, 1995 (the "Agreement").
Section 2.13 of the Agreement provides that the Borrower may
request extension of the Commitment under the Agreement for
an additional period of one year from the then current
Termination Date.
Notwithstanding the dates specified in Section 2.13 of the
Agreement for requesting such extension, we hereby request
that you extend the Termination Date of the Agreement to
July 3, 1999. If you are agreeable to our request, please
so indicate by signing and returning the duplicate copy of
this letter which we have enclosed herewith.
Thank you.
Sincerely,
XXXX X. XXXXXXX
XXXX X. XXXXXXX
ACCEPTED AND AGREED:
LLOYDS BANK PLC
By: XXXXX X. XXXXXX
XXXXX X. XXXXXX
ASSISTANT VICE PRESIDENT
BY: X. XXXXXXXXX
X. XXXXXXXXX
Date: ___________________
cc: Xx. Xxxxxxx Xxxxx
Xx. Xxxxxxxx X. Xxxxxxxxxx
Xx. Xxxxx X. Xxxxxx
