OMNICOM REPORTS REVENUE INCREASE FOR QUARTER

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(July 24, 2001) -- Omnicom Group reported a 15% increase in revenue for the second quarter, with worldwide revenue of $1.75 billion, compared with $1.52 billion the same time last year. Net income for the quarter rose 19% to $151.4 million from $127.4 million in the same quarter of 2000. Revenue for the first six months also increased 15% to $3.35 billion from $2.9 in 2000 and net income rose 19% to $246.6 million from $207.1 million in 2000. -- Mercedes Cardona

Copyright July 2001, Crain Communications Inc.

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