<SEC-DOCUMENT>0000891092-16-013422.txt : 20160328
<SEC-HEADER>0000891092-16-013422.hdr.sgml : 20160328
<ACCEPTANCE-DATETIME>20160328092453
ACCESSION NUMBER:		0000891092-16-013422
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20160328
DATE AS OF CHANGE:		20160328

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OMNICOM GROUP INC.
		CENTRAL INDEX KEY:			0000029989
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING AGENCIES [7311]
		IRS NUMBER:				131514814
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-207525
		FILM NUMBER:		161530969

	BUSINESS ADDRESS:	
		STREET 1:		437 MADISON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2124153600

	MAIL ADDRESS:	
		STREET 1:		437 MADISON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OMNICOM GROUP INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOYLE DANE BERNBACH GROUP INC
		DATE OF NAME CHANGE:	19861117

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOYLE DANE BERNBACH INTERNATIONAL INC
		DATE OF NAME CHANGE:	19850604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OMNICOM CAPITAL INC
		CENTRAL INDEX KEY:			0001269043
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING AGENCIES [7311]
		IRS NUMBER:				061582649
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-207525-01
		FILM NUMBER:		161530970

	MAIL ADDRESS:	
		STREET 1:		ONE E WEAVER ST
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06831
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>e68829_424b2.htm
<DESCRIPTION>PRELIMINARY PROSPECTUS SUPPLEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>

<BODY STYLE="font: 10pt Arial, Helvetica, Sans-Serif">


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; color: Red">The information in this preliminary prospectus
supplement is not complete and may be changed. This preliminary prospectus supplement and the accompanying prospectus are not
an offer to sell these securities, and they are not soliciting an offer to buy these securities, in any jurisdiction where the
offer or sale is not permitted.</P>

<P STYLE="text-align: center"><B><FONT STYLE="color: #ff0000">SUBJECT TO COMPLETION, DATED MARCH 28, 2016</FONT></B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0pt; text-align: right; text-indent: 22pt"><B>Filed pursuant to Rule 424(b)(2)<BR>
Registration No. 333-207525</B></P>

<P STYLE="text-align: left"><B>Preliminary Prospectus Supplement<BR>
 (to prospectus dated October 20, 2015)</B></P>

<P STYLE="text-align: left; font-size: 14pt; margin-bottom: 6pt"><B><IMG border=0 src="a60979x1x1.jpg">&nbsp;</B></P>

<P STYLE="text-align: left; font-size: 14pt; margin-top: 0"><B>OMNICOM GROUP INC. <BR>
OMNICOM CAPITAL INC.</B></P>

<P STYLE="text-align: left; font-size: 14pt; margin-bottom: 6pt"><B><I>$</I></B></P>

<P STYLE="text-align: left; font-size: 14pt"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% Senior Notes due 20</I></B></P>

<P STYLE="text-align: left; font-size: 12pt"><B>Issue price:</B></P>

<P STYLE="text-align: left; font-size: 12pt"><I>Interest payable &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and</I></P>

<P style="TEXT-ALIGN: left">The notes will bear interest at the rate of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% per annum. Interest on the notes will be payable semi-annually in arrears on and of each year, beginning on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; , 2016. We may redeem all or part of the notes at any time at the
applicable redemption price as described under the caption &ldquo;Description of Notes &mdash; Optional Redemption&rdquo; on page S-12 of this prospectus supplement and &ldquo;Description of Debt Securities&rdquo; on page 7 of the accompanying
prospectus.</P>

<P STYLE="text-align: left">If Omnicom Group Inc. experiences a change of control triggering
event, unless Omnicom Group Inc. and Omnicom Capital Inc. have exercised their option to redeem the notes, Omnicom Group Inc. may
be required to offer to purchase the notes from holders as described under the caption &ldquo;Description of Notes &mdash; Repurchase
at the Option of Holders Upon Change of Control Triggering Event.&rdquo;</P>

<P STYLE="text-align: left">The notes will be the joint and several unsecured and unsubordinated obligations of Omnicom Group Inc. and Omnicom Capital Inc. and will rank equal in right of payment to all of their respective existing and future unsecured
senior indebtedness.</P>

<P style="TEXT-ALIGN: left">Omnicom Capital Inc.&rsquo;s obligations in respect of the notes will be guaranteed by Omnicom Group Inc. The unconditional guarantee will be an unsecured and unsubordinated obligation of Omnicom Group Inc. and will rank equal
in right of payment to all existing and future unsecured senior indebtedness of Omnicom Group Inc.</P>

<P style="TEXT-ALIGN: left">The notes are a new issue of securities with no established trading market. The notes will not be listed on any securities exchange or included in any authorized quotation system.</P>

<P style="TEXT-ALIGN: left"><B>Investing in the notes involves risks. See &ldquo;Risk Factors&rdquo; beginning on page S-5 of this prospectus supplement and under &ldquo;Item 1A. Risk Factors&rdquo; in Omnicom Group Inc.&rsquo;s Annual Report on Form
10-K for the year ended December 31, 2015, which is incorporated by reference in this prospectus supplement and the accompanying prospectus.</B></P>

<P style="TEXT-ALIGN: left"><B>Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined whether this prospectus is truthful or complete. Any representation to the
contrary is a criminal offense.</B></P>



<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR VALIGN="BOTTOM">
    <TD STYLE="text-align: left; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid">&nbsp;<BR>
&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: left; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; width: 17%; padding-left: 12pt">&nbsp;<BR>
<B>Price to Public(1)</B></TD>
    <TD STYLE="text-align: left; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; width: 17%; padding-left: 12pt"><B>Underwriting</B><BR>
<B>Discount</B></TD>
    <TD STYLE="text-align: left; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; width: 20%; padding-left: 12pt"><B>Proceeds,</B><BR>
<B>Before Expenses</B></TD>
</TR>
<TR vAlign=bottom>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">Per note</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-left: 12pt">%</TD>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-left: 12pt">%</TD>


   <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-left: 12pt">%</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="border-bottom: Black 1pt solid; text-align: left">Total</TD>

   <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 12pt">$</TD>
   <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 12pt"> $</TD>


   <TD STYLE="border-bottom: Black 1pt solid; text-align: left; padding-left: 12pt">$</TD></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left">(1) Plus accrued interest from &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2016, if settlement occurs after that date.</P>

<P STYLE="text-align: left; margin-bottom: 3pt">The notes are expected to be delivered through the book-entry facilities of The
Depository Trust Company and its participants, including Euroclear Bank S.A./N.V. and Clearstream Banking, <I>soci&eacute;t&eacute;
anonyme</I>, on or about &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2016.</P>

<P STYLE="text-align: center; margin-top: 3pt; margin-bottom: 3pt"><I>Joint Book-Running Managers</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 14pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>Citigroup
    </B></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>Deutsche
    Bank Securities</B></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>&nbsp;J.P.
    Morgan</B></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>Wells
    Fargo Securities</B></FONT></TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 14pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>BNP
    PARIBAS</B></FONT></TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>HSBC</B></FONT></TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font: 14pt Arial, Helvetica, Sans-Serif"><B>US
    Bancorp</B></FONT></TD></TR>
</TABLE>


<P STYLE="text-align: left"></P>

<P STYLE="text-align: left; margin-bottom: 0pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2016</B></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->





<P style="TEXT-ALIGN: center"><B>TABLE OF CONTENTS</B></P>

<P style="TEXT-ALIGN: center"><B>Prospectus Supplement</B></P>

<P STYLE="text-align: right; margin-bottom: 0pt"><B><U>Page</U></B></P>



<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR>

   <TD STYLE="width: 90%"></TD>

   <TD STYLE="width: 10%"></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_001">Special Note on Forward-Looking Statements</A></TD>

   <TD STYLE="text-align: right">S-i</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_002">Summary</A></TD>

   <TD STYLE="text-align: right">S-1</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_003">Risk Factors</A></TD>

   <TD STYLE="text-align: right">S-5</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_004">Ratio of Earnings to Fixed Charges</A></TD>

   <TD STYLE="text-align: right">S-7</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_005">Use of Proceeds</A></TD>

   <TD STYLE="text-align: right">S-8</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_006">Capitalization</A></TD>

   <TD STYLE="text-align: right">S-9</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_007">Selected Financial Data</A></TD>

   <TD STYLE="text-align: right">S-10</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_008">Description of Notes</A></TD>

   <TD STYLE="text-align: right">S-11</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_009">Material United States Federal Income Tax Considerations</A></TD>

   <TD STYLE="text-align: right">S-18</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_010">Underwriting</A></TD>

   <TD STYLE="text-align: right">S-23</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_011">Legal Matters</A></TD>

   <TD STYLE="text-align: right">S-27</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_012">Experts</A></TD>

   <TD STYLE="text-align: right">S-27</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_013">Where You Can Find More Information; Incorporation by Reference</A></TD>

   <TD STYLE="text-align: right">S-28</TD></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: center"><B>Prospectus</B></P>

<P STYLE="text-align: right; margin-bottom: 0pt"><B><U>Page</U></B></P>



<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR>

   <TD STYLE="width: 90%"></TD>

   <TD STYLE="width: 10%"></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_014">The Company</A></TD>

   <TD STYLE="text-align: right">1</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_015">About This Prospectus</A></TD>

   <TD STYLE="text-align: right">2</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_016">Where You Can Find More Information; Incorporation by Reference</A></TD>

   <TD STYLE="text-align: right">2</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_017">Special Note on Forward-Looking Statements</A></TD>

   <TD STYLE="text-align: right">3</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_018">Use of Proceeds</A></TD>

   <TD STYLE="text-align: right">4</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_019">Ratio of Earnings to Fixed Charges</A></TD>

   <TD STYLE="text-align: right">4</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_020">Description of Omnicom Group Inc. Common Stock</A></TD>

   <TD STYLE="text-align: right">4</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_021">Description of Omnicom Group Inc. Preferred Stock</A></TD>

   <TD STYLE="text-align: right">5</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_022">Description of Debt Securities</A></TD>

   <TD STYLE="text-align: right">7</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_023">Description of Omnicom Group Inc. Subscription Rights</A></TD>

   <TD STYLE="text-align: right">13</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_024">Description of Omnicom Group Inc. Warrants</A></TD>

   <TD STYLE="text-align: right">14</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_025">Plan of Distribution</A></TD>

   <TD STYLE="text-align: right">15</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_026">Validity of Securities</A></TD>

   <TD STYLE="text-align: right">15</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_027">Experts</A></TD>

   <TD STYLE="text-align: right">15</TD></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus supplement and the accompanying prospectus are part of a registration statement that we filed with the Securities and Exchange Commission, or SEC, utilizing the &ldquo;shelf&rdquo;
registration process. Under this shelf registration process, we may, from time to time, sell the securities described in the accompanying prospectus in one or more offerings. You should read both this prospectus supplement and the accompanying prospectus
together with the additional information described under the heading &ldquo;Where You Can Find More Information; Incorporation by Reference&rdquo; on page S-28 of this prospectus supplement and on page 2 of the accompanying prospectus.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have not, and the underwriters and their affiliates have not, authorized anyone to provide you with any information or to make any representation not contained in or incorporated by reference
into this prospectus supplement. We do not, and the underwriters and their affiliates do not, take any responsibility for, and can provide no assurances as to, the reliability of any information that others may provide you. We are not, and the
underwriters and their affiliates are not, making an offer to sell, or seeking offers to buy, these securities in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus supplement, the accompanying
prospectus and the documents incorporated by reference is accurate only as of their respective dates. Our business, financial condition, results of operations and prospects may have changed since that date.</P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->





<P style="TEXT-ALIGN: center"><A NAME="a_001"></A><B>SPECIAL NOTE ON FORWARD-LOOKING STATEMENTS</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain statements in this prospectus supplement and the accompanying prospectus constitute forward-looking statements, including statements within the meaning of the Private Securities Litigation
Reform Act of 1995. In addition, from time to time, we or our representatives have made, or may make, forward-looking statements, orally or in writing. These statements may discuss goals, intentions and expectations as to future plans, trends, events,
results of operations or financial condition, or otherwise, based on current beliefs of our management as well as assumptions made by, and information currently available to, our management. Forward-looking statements may be accompanied by words such as
&ldquo;aim,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;plan,&rdquo; &ldquo;could,&rdquo; &ldquo;should,&rdquo; &ldquo;would,&rdquo; &ldquo;estimate,&rdquo; &ldquo;expect,&rdquo; &ldquo;forecast,&rdquo; &ldquo;future,&rdquo;
&ldquo;guidance,&rdquo; &ldquo;intend,&rdquo; &ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;possible,&rdquo; &ldquo;potential,&rdquo; &ldquo;predict,&rdquo; &ldquo;project&rdquo; or similar words, phrases or expressions. These forward-looking statements
are subject to various risks and uncertainties, many of which are outside our control. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking
statements include: international, national or local economic conditions that could adversely affect us or our clients; losses on media purchases and production costs incurred on behalf of clients; reductions in client spending, a slowdown in client
payments and a deterioration in the credit markets; ability to attract new clients and retain existing clients in the manner anticipated; changes in client advertising, marketing and corporate communications requirements; failure to manage potential
conflicts of interest between or among clients; unanticipated changes relating to competitive factors in the advertising, marketing and corporate communications industries; ability to hire and retain key personnel; currency exchange rate fluctuations;
reliance on information technology systems; changes in legislation or governmental regulations affecting us or our clients; risks associated with assumptions we make in connection with our critical accounting estimates and legal proceedings; and our
international operations, which are subject to the risks of currency repatriation restrictions, social or political conditions and regulatory environment. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing
factors and the other risks and uncertainties that may affect our business, including those identified under the captions &ldquo;Risk Factors&rdquo; and &ldquo;Management&rsquo;s Discussion and Analysis of Financial Condition and Results of
Operations&rdquo; in our Annual Report on Form 10-K for the year ended December 31, 2015, or the 2015 10-K. Except as required under applicable law, we do not assume any obligation to update these forward-looking statements.</P>

<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">S-<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<div style="border: 1pt solid black; width: 99%; padding: 9pt">

<P style="TEXT-ALIGN: center"><A NAME="a_002"></A><B>SUMMARY</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>The following summary is qualified in its entirety by the more detailed information included elsewhere or incorporated by reference into this prospectus supplement and the accompanying
prospectus. Because this is a summary, it may not contain all the information that may be important to you. You should read this prospectus supplement and the accompanying prospectus, as well as the information incorporated by reference, in their
entirety before making an investment decision. When used in this prospectus supplement, the term &ldquo;Omnicom Group&rdquo; refers to Omnicom Group Inc. together with its consolidated subsidiaries, the term &ldquo;Omnicom Group Inc.&rdquo; refers to
only Omnicom Group Inc. and not its subsidiaries, the term &ldquo;Omnicom Capital&rdquo; refers only to Omnicom Capital Inc., and the terms &ldquo;Issuers,&rdquo; &ldquo;we,&rdquo; &ldquo;us,&rdquo; and &ldquo;our&rdquo; refer collectively to Omnicom
Group Inc. and Omnicom Capital, in each case, unless otherwise specified, as in the section captioned &ldquo;Description of Notes&rdquo; beginning on page S-11 of this prospectus supplement or &ldquo;Description of Debt Securities&rdquo; beginning on
page 7 of the accompanying prospectus.</I></P>

<P style="TEXT-ALIGN: left"><B>Omnicom Group Inc.</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group is a leading global advertising, marketing and corporate communications company. Omnicom Group&rsquo;s branded networks and agencies provide those services to over 5,000 clients in
more than 100 countries. Omnicom Group&rsquo;s revenue is diversified across a number of industries. Specifically, Omnicom Group&rsquo;s revenue for the year ended December 31, 2015, classified by industry sector, expressed as a percentage of total
revenue from these clients, is as follows: Food and Beverage: 13%, Pharmaceutical and Healthcare: 11%, Consumer Products: 9%, Technology: 10%, Financial Services: 7%, Auto: 8%, Retail: 6%, Travel and Entertainment: 6%, Telecommunications: 5% and Other:
25%.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group&rsquo;s branded networks and agencies, which operate in all major markets around the world, provide a comprehensive range of services in four fundamental disciplines: advertising,
customer relationship management, or CRM, public relations and specialty communications. Although the medium used to reach a client&rsquo;s target audience may differ across each of these disciplines, Omnicom Group develops and delivers the marketing
message in a similar way by providing client-specific advertising and marketing services. Services included in these four disciplines are:</P>



<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial">




<TR vAlign=bottom>

    <TD STYLE="width: 1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="text-align: left; width: 49%">advertising</TD>

   <TD STYLE="text-indent: 0pt; text-align: left; width: 50%">interactive marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">brand consultancy</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">investor relations</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">content marketing</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">marketing research</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">corporate social responsibility consulting</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">media planning and buying</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">crisis communications</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">mobile marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">custom publishing</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">multi-cultural marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">data analytics</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">non-profit marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">database management</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">organizational communications</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">direct marketing</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">package design</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">entertainment marketing</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">product placement</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">environmental design</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">promotional marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">experiential marketing</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">public affairs</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">field marketing</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">public relations</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">financial/corporate business-to-business advertising</TD>

   <TD STYLE="text-align: left">reputation consulting</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">graphic arts/digital imaging</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">retail marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">healthcare communications</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">search engine marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">instore design</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">social media marketing</TD></TR>

<TR vAlign=bottom>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD STYLE="text-indent: 0pt; text-align: left">sports and event marketing</TD></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group Inc. is incorporated in New York and is a holding company. Its principal corporate offices are located at 437 Madison Avenue, New York, NY 10022; One East Weaver Street, Greenwich,
CT 06831; and 525 Okeechobee Boulevard, Suite 870, West Palm Beach, FL 33411. Its telephone numbers are (212) 415-3600, (203) 618-1500 and (561) 207-2200, respectively.</P></DIV>

<!-- Field: Page; Sequence: 4; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<DIV STYLE="border: black 1pt solid; padding: 9pt; width: 99%">

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group Inc.&rsquo;s common stock is traded on the New York Stock Exchange under the symbol &ldquo;OMC.&rdquo; For additional information regarding Omnicom Group&rsquo;s business, see the
2015 10-K, and other SEC filings made by Omnicom Group Inc., which are incorporated by reference into this prospectus supplement. Copies of these filings may be obtained as described under &ldquo;Where You Can Find More Information; Incorporation by
Reference&rdquo; on page S-28 of this prospectus supplement.</P>

<P style="TEXT-ALIGN: left"><B>Omnicom Capital Inc.</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Capital is a wholly owned direct subsidiary of Omnicom Group Inc. Omnicom Capital does not have any independent operations or subsidiaries. The sole function of Omnicom Capital is to
provide funding for the operations of Omnicom Group Inc. and its operating subsidiaries by incurring debt and lending the proceeds to the operating subsidiaries. Its assets consist of the intercompany loans it makes or has made to Omnicom Group
Inc.&rsquo;s operating subsidiaries and the related interest receivables.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Capital is incorporated in Connecticut. Its principal office is located at One East Weaver Street, Greenwich, CT 06831 and its telephone number is (203) 618-1500.</P></DIV>

<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<DIV STYLE="border: black 1pt solid; padding: 9pt; width: 99%">







<P style="TEXT-ALIGN: center"><B>The Offering</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>The summary below describes the principal terms of the notes. Some of the terms and conditions described below are subject to important limitations and exceptions. See &ldquo;Description of
Notes&rdquo; in this prospectus supplement and &ldquo;Description of Debt Securities&rdquo; in the accompanying prospectus for a more detailed description of the terms and conditions of the notes.</I></P>



<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; width: 25%; padding-right: 6pt"><B>Issuer</B></TD>

   <TD STYLE="text-align: left">Omnicom Group Inc.</TD></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Co-Obligor</B></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">Omnicom Capital, a wholly owned subsidiary of Omnicom Group Inc., will
   also be jointly and severally liable. Omnicom Group Inc. will guarantee the obligations of Omnicom  Capital.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Notes Offered</B></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">$&nbsp;&nbsp;&nbsp;&nbsp; aggregate principal amount of &nbsp;&nbsp;&nbsp;&nbsp;% Senior Notes due &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;.</TD></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Maturity</B></TD>

   <TD STYLE="text-indent: 0pt; text-align: left">The notes will mature on &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 20 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;.</TD></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Interest Rate</B></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">The notes will bear interest from &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2016 at a rate equal to &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% per year, payable semiannually.</TD></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Interest Payment Dates</B></TD>

   <TD STYLE="text-indent: 19.74pt; text-align: left">and &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of each year, commencing &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2016.</TD></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Ranking</B></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">The notes will be the joint and several unsecured and unsubordinated obligations of Omnicom Group Inc. and Omnicom Capital and will rank equal in right of payment to all of their
respective existing and future unsecured senior indebtedness. The notes will effectively rank junior to any of our secured indebtedness to the extent of the value of the assets securing such indebtedness.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">The notes may effectively rank junior to all liabilities of our operating subsidiaries depending on the amount of loans to the operating subsidiaries and security for those loans on a
relevant determination date. See &ldquo;Risk Factors &mdash; Omnicom Group Inc.&rsquo;s Holding Company Structure May Result in Structural Subordination and May Affect the Issuers&rsquo; Ability to Make Payments on the Notes.&rdquo; As of December 31,
2015, the operating subsidiaries of Omnicom Group Inc. had approximately $13.4 billion of outstanding liabilities, including trade payables but excluding  intercompany liabilities and deferred revenue.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Denominations</B></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">The notes will be issued in denominations of $2,000 and integral multiples of $1,000 in excess thereof.</TD></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-right: 6pt"><B>Optional Redemption</B></TD>

   <TD STYLE="text-indent: 0.01pt; text-align: left">Prior to the date that is&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; months prior to the maturity date,&nbsp;the notes will be redeemable, as a whole or in part, at the Issuers&rsquo; option, at any time or from time to time at a
redemption price equal to 100% of the principal amount of the notes plus a make- whole premium, together with accrued and unpaid interest thereon to the redemption date. On or after such date, the notes will be redeemable, as a whole or in part, at the
Issuers&rsquo; option, at any time or from time to time at a redemption price equal to 100% of the principal amount of the notes, together with accrued and unpaid interest thereon to the redemption date. See &ldquo;Description of Notes &mdash; Optional
Redemption.&rdquo;</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

</DIV>







<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<DIV STYLE="border: black 1pt solid; padding: 9pt; width: 99%">









<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR STYLE="vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 6pt">
        <P STYLE="text-align: left; vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif"><B>Repurchase at the<BR>
 Option of Holders Upon<BR>
 Change of Control<BR>
 Triggering
        Event</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&#9;</P></TD>
    <TD STYLE="text-indent: 0.01pt; text-align: left; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;<BR>
<BR>
<BR>
Upon the occurrence of a &ldquo;Change of Control Triggering Event&rdquo; (as defined under &ldquo;Description of the Notes &mdash; Repurchase at the Option of Holders Upon Change of Control Triggering Event&rdquo;), unless the Issuers have exercised their option to redeem the notes, Omnicom Group will be required to make an offer to repurchase the notes at a purchase price equal to 101% of their principal amount, plus accrued and unpaid interest, if any, to the date of repurchase.</FONT></TD></TR>
<TR vAlign=bottom>

   <TD STYLE="text-align: left; width: 25%; vertical-align: top; padding-bottom: 6pt"><B>Certain Covenants</B></TD>

   <TD STYLE="text-align: left; padding-bottom: 6pt">The indenture governing the notes will contain covenants limiting our and our subsidiaries&rsquo; ability to, with certain exceptions:</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-bottom: 6pt">&nbsp;</TD>

   <TD STYLE="text-align: left; padding-left: 11pt; padding-bottom: 6pt">&bull;&nbsp;&nbsp; create certain liens; and</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top; padding-bottom: 6pt">&nbsp;</TD>

   <TD STYLE="text-align: left; padding-left: 25pt; padding-bottom: 6pt; text-indent: -14pt">&bull; &nbsp;&nbsp;consolidate or merge with, or convey, transfer or lease substantially all our assets to, another person.</TD></TR>


<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left">You should read &ldquo;Description of Notes&rdquo; on page S-11 in this prospectus supplement and &ldquo;Description of Debt Securities&rdquo; on page 7 of the accompanying prospectus for additional
information on these covenants.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top"><B>Use of Proceeds</B></TD>

   <TD STYLE="text-indent: 0pt; text-align: left">The net proceeds we receive from the sale of the notes offered hereby, after deducting the underwriting discount and estimated offering expenses payable by us, will be approximately $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
million. We intend to use the net proceeds from the sale of the notes offered hereby to retire our $1.0 billion aggregate principal amount of outstanding 5.90% Senior Notes due 2016 at maturity on April 15, 2016, and for general corporate purposes,
which could include working capital expenditures, fixed asset expenditures, acquisitions, refinancing of other debt, repurchases of our common stock or other capital transactions.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top"><B>Risk Factors</B></TD>

   <TD STYLE="text-indent: 0pt; text-align: left">See &ldquo;Risk Factors&rdquo; beginning on page S-5 of this prospectus supplement and the section entitled &ldquo;Item 1A. Risk Factors&rdquo; in Omnicom Group Inc.&rsquo;s 2015 10-K for
important information regarding us and an investment in the notes.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top"><B>Further Issuances</B></TD>

   <TD STYLE="text-align: left">We will have the ability to &ldquo;reopen&rdquo; the notes offered hereby and issue additional notes of that series having the same terms, except with respect to the issue date, price to public, payment of interest
accruing prior to the issue date of such further notes or except for the first payment of interest following the issue date of such further notes.</TD></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR vAlign=bottom></TR>

<TR>

   <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left; vertical-align: top"><B>Governing Law</B></TD>

   <TD STYLE="text-indent: 0pt; text-align: left">The indenture will be governed by, and construed in accordance with, the laws of the State of New York.</TD></TR>

<TR vAlign=bottom></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P></DIV>

<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P style="TEXT-ALIGN: center"><A NAME="a_003"></A><B>RISK FACTORS</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>In considering whether to purchase notes, you should carefully consider all of the information contained in or incorporated by reference in this prospectus supplement and the accompanying
prospectus, including but not limited to Omnicom Group Inc.&rsquo;s 2015 10-K and other information which may be incorporated by reference into this prospectus supplement and the accompanying prospectus as provided under &ldquo;Where You Can Find More
Information; Incorporation by Reference.&rdquo; Our ability to achieve and maintain profitability and our ability to continue to fund our operations on an on-going basis will depend on a number of factors, some of which are beyond our control. In
addition to the risk factors set forth below, you should carefully consider the information under &ldquo;Special Note on Forward-Looking Statements&rdquo; and the risk factors set forth under the caption &ldquo;Risk Factors&rdquo; contained in Item 1A of
Omnicom Group Inc.&rsquo;s 2015 10-K.</I></P>

<P style="TEXT-ALIGN: left"><B>Omnicom Group Inc.&rsquo;s Holding Company Structure May Result in Structural Subordination and May Affect the Issuers&rsquo; Ability to Make Payments on the Notes</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The notes are the joint and several obligations exclusively of the Issuers. Omnicom Group Inc. is a holding company and, accordingly, substantially all of its operations are conducted through its
operating subsidiaries. Omnicom Capital is a wholly owned subsidiary of Omnicom Group Inc. Its assets consist of the intercompany loans it makes or has made to Omnicom Group Inc.&rsquo;s operating subsidiaries and the related interest receivables. As a
result, the Issuers&rsquo; cash flow and their ability to make payments on their respective debt, including the notes, are dependent upon the earnings of these operating subsidiaries. Omnicom Group Inc. is dependent on the distribution of earnings, loans
or other payments by the operating subsidiaries to it to service its obligations in respect of the notes and its other debt. In addition, to service debt, Omnicom Capital, as a finance subsidiary, is also dependent on the earnings of the operating
subsidiaries, the sale of certain assets of the operating subsidiaries and ability of the operating subsidiaries to repay principal and interest on the intercompany loans.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group Inc.&rsquo;s operating subsidiaries are separate and distinct legal entities. These subsidiaries have no obligation to pay any amounts due on the notes or to provide the Issuers with
funds for their respective payment obligations, whether by dividends, distributions, repayment or making of loans or other payments. In addition, any payment or repayment of dividends, distributions, loans or advances by these operating subsidiaries to
the Issuers could be subject to legal or contractual restrictions. Payments to the Issuers by the operating subsidiaries will also be contingent upon the operating subsidiaries&rsquo; earnings and business considerations.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because of this structure the claims of creditors of Omnicom Group Inc.&rsquo;s operating subsidiaries will have a priority over the equity rights of Omnicom Group Inc. and the rights of its
creditors, including the holders of notes, to participate in the assets of the subsidiary upon the subsidiary&rsquo;s liquidation or reorganization. Although Omnicom Capital&rsquo;s loans to the operating subsidiaries are secured by the assets of those
subsidiaries, the rights of Omnicom Capital and its respective creditors, including holders of the notes, to participate in the assets of the operating subsidiaries will depend upon the amount of loans, and security for those loans, on the relevant date
of determination. The amount of loans outstanding from Omnicom Capital to these operating subsidiaries, and the value of the collateral securing the loans, may not be sufficient to assure repayment in full to all of Omnicom Capital&rsquo;s creditors. The
loans or the security for such loans could also be invalidated in whole or in part in any liquidation or reorganization.</P>

<P style="TEXT-ALIGN: left"><B>The Notes Do Not Restrict the Issuers&rsquo; Ability to Incur Additional Debt, Repurchase their Securities or to Take Other Actions that Could Negatively Impact Holders of the Notes</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Issuers are not restricted under the terms of the notes from incurring additional debt or repurchasing its securities. In addition, the indenture will not contain any covenants which require
the Issuers to achieve or maintain any minimum financial results relating to its financial position or results of operations. The Issuers&rsquo; ability to recapitalize, incur additional debt and take a number of other actions that are not limited by the
terms of the notes could have the effect of diminishing its ability to make payments on the notes when due.</P>

<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left"><B>An Active Trading Market for the Notes May Not Develop.</B></P>

<P STYLE="text-align: left; margin-bottom: 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The notes are a new issue of securities with no established trading market. The notes will not be listed on any securities exchange or included in any automated quotation system. If the notes are
traded, they may trade at a discount, depending on prevailing interest rates, the market for similar securities, Omnicom Group&rsquo;s performance and other factors. The Issuers do not know whether an active trading market will develop for the notes. To
the extent that an active trading market does not develop, the price at which you may be able to sell the notes, if at all, may be less than the price you pay for them.<BR></P>

<P STYLE="text-align: left"></P>

<P STYLE="text-align: left; font: 10pt Arial, Helvetica, Sans-Serif; margin-bottom: 0pt"><B>Omnicom Group may not be able to repurchase the notes upon a
change of control. </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="text-align: left; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon the occurrence of a Change of Control
Triggering Event, unless the Issuers have exercised their option to redeem the notes, each holder of notes will have the right
to require Omnicom Group to repurchase all or any part of such holder&rsquo;s notes at a price equal to 101% of their principal
amount, plus accrued and unpaid interest, if any, to the date of repurchase. If Omnicom Group experiences a Change of Control Triggering
Event, there can be no assurance that it would have sufficient financial resources available to satisfy its obligations to repurchase
the notes. Omnicom Group&rsquo;s failure to repurchase the notes as required under the indenture governing the notes would result
in a default under the indenture, which could have material adverse consequences for the Issuers and the holders of the notes.
See &ldquo;Description of the Notes &mdash; Repurchase at the Option of Holders Upon Change of Control Triggering Event.&rdquo;</P>



<P STYLE="text-align: left"></P>

<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: left"></P>

<P STYLE="text-align: center"><A NAME="a_004"></A><B>RATIO OF EARNINGS TO FIXED CHARGES</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table shows the ratio of earnings to fixed charges of Omnicom Group Inc. for each of the five most recent fiscal years and supersedes the Ratio of Earnings to Fixed Charges table on
page 4 of the accompanying prospectus.</P>



<TABLE BORDER="0" CELLSPACING="0" ALIGN="CENTER" STYLE="width: 80%; font: 10pt Arial">



<TR vAlign=bottom>

   <TD COLSPAN="9" STYLE="border-bottom: #000000 1px solid; text-align: center"><B>Year Ended December 31,</B></TD></TR>


<TR vAlign=bottom>

   <TD STYLE="border-bottom: #000000 1px solid; text-align: center"><B>2015</B></TD>

    <TD>&nbsp;</TD>
   <TD STYLE="border-bottom: #000000 1px solid; text-align: center"><B>2014</B></TD>

    <TD>&nbsp;</TD>
   <TD STYLE="border-bottom: #000000 1px solid; text-align: center"><B>2013</B></TD>

    <TD>&nbsp;</TD>
   <TD STYLE="border-bottom: #000000 1px solid; text-align: center"><B>2012</B></TD>

    <TD>&nbsp;</TD>
   <TD STYLE="border-bottom: #000000 1px solid; text-align: center"><B>2011</B></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: center">6.98x</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: center">6.93x</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: center">6.07x</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: center">6.26x</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: center">6.32x</TD></TR></TABLE><P STYLE="margin: 0px 0px 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The ratio of earnings to fixed charges is computed by dividing fixed charges into income before income taxes plus dividends from equity method investments and fixed charges. Fixed charges consist
of interest expense and that portion of net rental expense deemed representative of interest.</P>

<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: left"></P>

<P STYLE="text-align: center"><A NAME="a_005"></A><B>USE OF PROCEEDS</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The net proceeds we receive from the sale of the notes offered hereby, after deducting the underwriting discount and estimated offering expenses payable by us, will be approximately $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;million. We
intend to use the net proceeds from the sale of the notes offered hereby to retire our $1.0 billion aggregate principal amount of outstanding 5.90% Senior Notes due 2016 at maturity on April 15, 2016, and for general corporate purposes, which could
include working capital expenditures, fixed asset expenditures, acquisitions, refinancing of other debt, repurchases of our common stock or other capital transactions. Pending the application of the net proceeds, we may invest such net proceeds in
short-term investment grade obligations.</P>

<!-- Field: Page; Sequence: 11; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: center"><A NAME="a_006"></A><B>CAPITALIZATION</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth Omnicom Group Inc.&rsquo;s actual consolidated cash and cash equivalents and short-term investments and capitalization, as of December 31, 2015, and as adjusted to
reflect the issuance and sale of the notes offered and the redemption of our 5.90% Senior Notes due 2016. You should read this table in conjunction with Omnicom Group Inc.&rsquo;s financial statements and related notes and other financial and operating
data included elsewhere in or incorporated by reference into this prospectus supplement and the accompanying prospectus.</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">As of December 31, 2015</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Actual</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" NOWRAP STYLE="font-size: 10pt; font-weight: bold; text-align: left; border-bottom: Black 1pt solid">As Adjusted</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-size: 10pt; font-weight: bold; text-align: center">(In millions)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents and short-term investments</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 12%; border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">2,619.7</TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 4%; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 8%; border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left">Short-term debt:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Current portion of debt(1)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">1,001.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">Short-term borrowings</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">5.2</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; text-indent: 10pt">Total short-term debt</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">1,006.6</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left">Long-term debt:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Senior Notes &ndash; due April 15, 2016(1)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">1,000.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Senior Notes &ndash; due July 15, 2019</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">500.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Senior Notes &ndash; due August 15, 2020</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,000.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Senior Notes &ndash; due May 1, 2022</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,250.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Senior Notes &ndash; due November 1, 2024</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">750.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Notes offered hereby(2)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&mdash;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Other debt</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Unamortized premium (discount) on Senior Notes, net</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">10.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Debt issuance costs</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">(16.9</TD><TD STYLE="font-size: 10pt; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">Adjustment to carrying value for interest rate swaps</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">72.1</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">4,565.6</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 10pt">Less current portion(1)</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">(1,001.4</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">)</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; text-indent: 10pt">Total long-term debt</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">3,564.2</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Temporary equity &mdash; redeemable noncontrolling interests</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">167.9</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left; padding-top: 4pt">Equity:</TD><TD STYLE="font-size: 10pt; padding-top: 4pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left; padding-top: 4pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right; padding-top: 4pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left; padding-top: 4pt">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-top: 4pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left; padding-top: 4pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right; padding-top: 4pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left; padding-top: 4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 10pt">Shareholders&rsquo; Equity:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 10pt">Preferred stock, $1.00 par value, 7,500,000 shares authorized,</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 20pt">none issued</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">&mdash;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 10pt">Common stock, $0.15 par value, 1.0 billion shares authorized,</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 20pt">397.2 million shares issued and 239.7 million shares outstanding</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">59.6</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 10pt">Additional paid-in capital</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">859.9</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 10pt">Retained earnings</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">10,178.2</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 10pt">Accumulated other comprehensive income (loss)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">(1,015.4</TD><TD STYLE="font-size: 10pt; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 10pt">Treasury stock, at cost, 157.5 million shares</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">(7,629.9</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">)</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 20pt">Total shareholders&rsquo; equity</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2,452.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; text-indent: 10pt">Noncontrolling Interests</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">437.0</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; text-indent: 20pt">Total Equity</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">2,889.4</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; text-indent: 10pt">Total capitalization(3)</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">7,628.1</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
</TABLE>
<P style="MARGIN: 0px">&nbsp;</P>

<P STYLE="margin: 0px"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 15%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22pt; text-align: left">(1)</TD><TD>We intend to use the net proceeds from the sale of the notes
offered hereby to retire our $1.0 billion aggregate principal amount of outstanding 5.90% Senior Notes due 2016 at maturity on
April 15, 2016.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22pt; text-align: left">(2)</TD><TD>As adjusted amount reflects the principal amount of $ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;million
from the issuance of the notes offered hereby and does not give effect to the underwriting discount and estimated costs from this
offering of $ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; million.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22pt; text-align: left">(3)</TD><TD>Total capitalization includes short-term debt, long-term
debt, temporary equity and total equity.</TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: center"><A NAME="a_007"></A><B>SELECTED FINANCIAL DATA</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following selected financial data should be read in conjunction with &ldquo;Item 7. Management&rsquo;s Discussion and Analysis of Financial Condition and Results of Operations,&rdquo; in
Omnicom Group Inc.&rsquo;s 2015 10-K, which is incorporated herein by reference.</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="19" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">For the years ended December 31,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-size: 10pt; font-weight: bold; text-align: left"><U>(In millions, except per share amounts)</U></TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2015</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2014</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2013</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2012</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2011</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Revenue</TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">15,134.4</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">15,317.8</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">14,584.5</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">14,219.4</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 8%; font-size: 10pt; text-align: right">13,872.5</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Operating Income</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,920.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,944.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,825.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,804.2</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,671.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Net Income &ndash;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Omnicom Group Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,093.9</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1,104.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">991.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">998.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">952.6</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Net Income Per Common Share &ndash;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Omnicom Group Inc.:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Basic</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">4.43</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">4.27</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3.73</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3.64</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3.38</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Diluted</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">4.41</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">4.24</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3.71</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3.61</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3.33</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Dividends Declared Per Common Share</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2.00</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.90</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.60</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.20</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.00</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="19" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><B>As of December 31,</B></TD>
    </TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left; padding-bottom: 1pt">(In millions)</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2015</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2014</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2013</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2012</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2011</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Cash and Cash Equivalents and</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Short-Term Investments</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">2,619.7</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">2,390.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">2,728.7</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">2,698.9</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">1,805.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Total Assets</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">22,110.7</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">21,428.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">21,980.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">21,971.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">20,323.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Long-Term Obligations:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Long-Term Debt</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3,564.2</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">4,542.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3,763.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3,768.8</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2,510.6</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Convertible Debt</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&mdash;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&mdash;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">252.7</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">659.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">659.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 9.99pt">Long-Term Liabilities</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">800.5</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">774.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">685.1</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">739.9</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">602.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">Total Shareholders&rsquo; Equity</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2,452.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">2,850.0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3,582.4</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3,460.8</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">3,504.3</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
</TABLE>
<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In 2014 and 2013, we incurred $8.8 million and $41.4 million, respectively, of expenses in connection with the proposed merger with Publicis Groupe S.A., which were primarily comprised of
professional fees. On May 8, 2014, the proposed merger was terminated. Excluding the effect of the merger expenses from both years, Operating Income, Net Income - Omnicom Group Inc. and Diluted Net Income per Common Share - Omnicom Group Inc. for the
years ended December 31, 2014 and 2013 were $1,952.9 million, $1,101.4 million and $4.23 and $1,866.7 million, $1,026.0 million and $3.84, respectively.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As described in Note 2 to the consolidated financial statements in the 2015 10-K, on December 31, 2015, we adopted FASB Accounting Standards Update, or ASU, 2015-03, and FASB ASU 2015-17. As a
result, total assets and long-term debt for 2014, 2013, 2012 and 2011 have been adjusted to reflect the retrospective adoption of ASU 2015-03 and ASU 2015-17. The adoption of ASU 2015-03 and ASU 2015-17 did not have any effect on results of operations or
total shareholders&rsquo; equity.</P>

<!-- Field: Page; Sequence: 13; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: center"><A NAME="a_008"></A><B>DESCRIPTION OF NOTES</B></P>

<P style="TEXT-ALIGN: left"><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Set forth below is a description of the specific terms of the notes.
This description supplements, and should be read together with, the description of the general terms and provisions of the debt
securities, including the notes, set forth in the accompanying base prospectus under the caption &ldquo;Description of Debt Securities.&rdquo;
The following description does not purport to be complete and is subject to, and is qualified in its entirety by reference to,
the description of senior debt securities in the base prospectus and the senior indenture. If the description of the notes in
this prospectus supplement differs from the description of senior debt securities in the base prospectus, the description of the
notes in this prospectus supplement supersedes the description of debt securities in the base prospectus. When used in this section,
the term &ldquo;Issuers&rdquo; refers solely to Omnicom Group Inc. and Omnicom Capital and not to any of their respective subsidiaries.</I></P>

<P style="TEXT-ALIGN: left"><B>General</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The notes will be issued in an initial aggregate principal amount of $ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;million. The notes will be issued only in registered form, without coupons, in denominations of $2,000 and integral multiples
of $1,000 in excess thereof. The notes will be the joint and several unsecured senior obligations of Omnicom Group Inc. and Omnicom Capital and, as such, will rank equal in right of payment with all other existing and future senior indebtedness of
Omnicom Group Inc. and Omnicom Capital and senior in right of payment to all of their existing and future subordinated indebtedness. The notes may effectively rank junior to all liabilities of our operating subsidiaries depending on the amount of loans
to the operating subsidiaries and security for those loans on a relevant determination date. See &ldquo;Risk Factors &mdash; Omnicom Group Inc.&rsquo;s Holding Company Structure May Result in Structural Subordination and May Affect the Issuers&rsquo;
Ability to Make Payments on the Notes.&rdquo; As of December 31, 2015, on a pro forma basis after giving effect to the offering of the notes and the application of the estimated gross proceeds therefrom, the issuers would have had approximately $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; billion
aggregate principal amount of indebtedness outstanding. See &ldquo;Use of Proceeds&rdquo; and &ldquo;Capitalization&rdquo; in this prospectus supplement. Omnicom Capital&rsquo;s obligations in respect of the notes are guaranteed by Omnicom Group Inc. The
unconditional guarantee is a senior unsecured obligation of Omnicom Group Inc. and ranks equal in right of payment to all existing and future senior unsecured indebtedness of Omnicom Group Inc.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The specific terms of the notes are set forth below:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Title:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Initial principal amount being issued: $</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Stated maturity date:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Interest rate:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Date interest starts accruing:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Interest payment dates:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>First interest payment date:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Regular record dates for interest:</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Computation of interest: Interest will be computed on
the basis of a 360-day year consisting of twelve 30-day months.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Form of notes: The notes will be in the form of one or
more global notes that the issuers will deposit with or on behalf of The Depository Trust Company (&ldquo;DTC&rdquo;).</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Sinking fund: The notes will not be subject to any sinking
fund.</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt; text-align: center"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Trustee: Deutsche Bank Trust Company Americas</TD>
</TR></TABLE>


<!-- Field: Page; Sequence: 14; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left"><B>Optional Redemption</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior to the date that is&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; months prior to the maturity date, the notes will be redeemable, as a whole or in part, at the Issuers&rsquo; option, at any time or from time to time, upon mailed notice
to the registered address of each holder of notes at least 15 days but not more than 45 days prior to the redemption. The redemption price will be equal to the greater of (1) 100% of the principal amount of the notes to be redeemed and (2) the sum of the
present values of the Remaining Scheduled Payments (as defined below on such notes discounted to the date of redemption, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the sum of the applicable
Treasury Rate (as defined below) plus a make whole spread of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;basis points, plus accrued and unpaid interest thereon to the redemption date.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On or after the date that is&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; months prior to the maturity date, the notes will be redeemable, as a whole or in part, at the Issuers&rsquo; option, at any time or from time to time, upon mailed
notice to the registered address of each holder of notes at least 15 days but not more than 45 days prior to the redemption at a redemption price of 100% of the principal amount thereof, plus accrued and unpaid interest thereon to the redemption
date.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Treasury Rate&rdquo; means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity (computed as of the third business day immediately
preceding that redemption date) of the Comparable Treasury Issue (as defined below), assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption
date.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Comparable Treasury Issue&rdquo; means the United States Treasury security selected by the Reference Treasury Dealer (as defined below) as having a maturity comparable to the remaining term
of the notes (assuming the notes matured on the first par call date), that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the
remaining term of the notes (assuming the notes matured on the first par call date).</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Comparable Treasury Price&rdquo; means, with respect to any redemption date, the Reference Treasury Dealer Quotations (as defined below) for that redemption date.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Reference Treasury Dealer&rdquo; means each of any three primary U.S. Government securities dealer selected by us, and their respective successors.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Reference Treasury Dealer Quotations&rdquo; means, with respect to the Reference Treasury Dealer and any redemption date, the average, as determined by the Issuer, of the bid and asked
prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by the Reference Treasury Dealer at 3:30 p.m., New York City time, on the third business day preceding that
redemption date.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Remaining Scheduled Payments&rdquo; means the remaining scheduled payments of principal of and interest on the notes that but for the redemption would be due after the related redemption
date through the first par call date, assuming the notes matured on the first par call date. If that redemption date is not an interest payment date with respect to the notes, the amount of the next succeeding scheduled interest payment on the notes will
be reduced by the amount of interest accrued on the notes to such redemption date. On and after the redemption date, interest will cease to accrue on the notes or any portion of the notes called for redemption (unless we default in the payment of the
redemption price and accrued interest). On or before the redemption date, we will deposit with a paying agent (or the trustee) money sufficient to pay the redemption price of and accrued interest on the notes to be redeemed on that date. If less than all
of the notes are to be redeemed, the notes to be redeemed shall be selected by the trustee in accordance with procedures of DTC.</P>

<!-- Field: Page; Sequence: 15; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Repurchase at the Option of Holders Upon Change of Control Triggering
Event</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">Upon the occurrence of a Change of Control
Triggering Event (as defined below), unless the Issuers have exercised their option to redeem the notes as described under &ldquo;&mdash;Optional Redemption,&rdquo; each holder of notes will have the right to require Omnicom Group to repurchase all or a portion of
such holder&rsquo;s notes pursuant to a change of control offer described below (a &ldquo;Change of Control Offer&rdquo;), at a
purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase,
subject to the right of holders of notes on the relevant record date to receive interest due on the relevant interest payment date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">Within 30 days following the date upon which
Omnicom Group becomes aware that a Change of Control Triggering Event has occurred, or at Omnicom Group&rsquo;s option, prior to
any Change of Control but after the public announcement of the pending Change of Control, Omnicom Group will be required to send,
by first class mail or electronic delivery, a notice to each holder of notes, with a copy to the trustee, which notice will govern
the terms of the Change of Control Offer. Such notice will state, among other things, the purchase date, which must be no earlier
than 30 days nor later than 60 days from the date such notice is mailed or delivered, other than as may be required by law (the
&ldquo;Change of Control Payment Date&rdquo;). The notice, if mailed prior to the date of consummation of the Change of Control,
will state that the Change of Control Offer is conditioned on the Change of Control Triggering Event occurring on or prior to the
Change of Control Payment Date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">Omnicom Group will not be required to make
a Change of Control Offer upon the occurrence of a Change of Control Triggering Event if a third party makes such an offer in the
manner, at the times and otherwise in compliance with the requirements for such an offer made by Omnicom Group and such third party
purchases all notes properly tendered and not withdrawn under its offer.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">To the extent that Omnicom Group is required
to offer to repurchase the notes upon the occurrence of a Change of Control Triggering Event, it may not have sufficient funds
to purchase the notes in cash at such time. In addition, Omnicom Group&rsquo;s ability to purchase the notes for cash may be limited
by law or the terms of other agreements relating to its indebtedness outstanding at the time. The failure to make such purchase
would result in a default under the notes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">Omnicom Group will be required to comply with
the requirements of Rule 14e-1 under the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), and any
other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the
repurchase of the notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any securities
laws or regulations conflict with the Change of Control Offer provisions of the indenture and the notes, Omnicom Group will be
required to comply with those securities laws and regulations and will not be deemed to have breached its obligations under the
Change of Control Offer provisions of the indenture and the notes by virtue of any such compliance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">On each Change of Control Payment Date, the
indenture will provide that Omnicom Group will, to the extent lawful:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>accept for payment all notes or portions of notes properly
tendered and not withdrawn pursuant to the Change of Control Offer;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>deposit with the paying agent an amount equal to the Change
of Control Payment in respect of all notes or portions of notes properly tendered and not withdrawn; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>deliver or cause to be delivered to the trustee the notes
properly accepted together with an officers&rsquo; certificate stating the aggregate principal amount of notes or portions of
notes being repurchased.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Below Investment Grade Rating Event&rdquo;
occurs if both the rating on the notes of the applicable series is lowered by each of the Rating Agencies and such notes are rated
below Investment Grade by each of the Rating Agencies on any date from the date of the public notice of an arrangement that could
result in a Change of Control until the end of the 60-day period following public notice of the occurrence of a Change of Control
(which period shall be extended so long as the rating of such notes is under publicly announced consideration for possible downgrade
by any of the Rating Agencies); provided that a Below Investment Grade Rating Event otherwise arising by virtue of a particular
</P>

<!-- Field: Page; Sequence: 16; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">reduction in rating shall not be deemed to have occurred in respect of a particular Change of Control (and thus shall not be deemed
a Below Investment Grade Rating Event for purposes of the definition of Change of Control Triggering Event hereunder) if any of
the Rating Agencies making the reduction in rating to which this definition would otherwise apply does not announce or publicly
confirm or inform the trustee in writing at its request that the reduction was the result, in whole or in part, of any event or
circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable
Change of Control shall have occurred at the time of the Below Investment Grade Rating Event).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Change of Control&rdquo; means the occurrence
of any of the following:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">(1) the sale, transfer, conveyance or other
disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially
all of the assets of Omnicom Group and its subsidiaries taken as a whole to any &ldquo;person&rdquo; (as that term is used in Section
13(d)(3) of the Exchange Act) other than to Omnicom Group or one of its subsidiaries;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">(2) the consummation of any transaction (including
without limitation, any merger or consolidation) the result of which is that any &ldquo;person&rdquo; (as that term is used in
Section 13(d)(3) of the Exchange Act), other than Omnicom Group or one of its wholly-owned subsidiaries, becomes the &ldquo;beneficial
owner&rdquo; (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the then
outstanding shares of Omnicom Group&rsquo;s Voting Stock, measured by voting power rather than number of shares; or</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">(3) the adoption of a plan relating to the
liquidation or dissolution of Omnicom Group.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">Notwithstanding the foregoing, a transaction
will not be deemed to involve a Change of Control if (i) Omnicom Group becomes a wholly owned subsidiary of a holding company and
(ii) the holders of the Voting Stock of such holding company immediately following such transaction are substantially the same
as the holders of Omnicom Group&rsquo;s Voting Stock immediately prior to such transaction.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">The definition of Change of Control includes
a phrase relating to the sale, transfer, conveyance or other disposition of &ldquo;all or substantially all&rdquo; of the properties
or assets of Omnicom Group and its subsidiaries taken as a whole. Although there is a limited body of case law interpreting the
phrase &ldquo;substantially all,&rdquo; there is no precise established definition of the phrase under applicable law. Accordingly,
the ability of a holder of notes to require Omnicom Group to repurchase such notes as a result of a sale, transfer, conveyance
or other disposition of less than all of the assets of Omnicom Group and its subsidiaries taken as a whole to another Person or
group may be uncertain.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Change of Control Triggering Event&rdquo;
means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Investment Grade&rdquo; means a rating
equal to or higher than Baa3 (or its equivalent under any successor rating categories) by Moody&rsquo;s and BBB- (or its equivalent
under any successor rating categories) by S&amp;P, or, in each case, if such Rating Agency ceases to rate the notes or fails to
make a rating of such notes publicly available for reasons outside of the Issuers control, the equivalent investment grade credit
rating by the replacement agency selected by us in accordance with the procedures described below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Moody&rsquo;s&rdquo; means Moody&rsquo;s
Investors Service Inc, and its successors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Rating Agencies&rdquo; means (1) each
of Moody&rsquo;s and S&amp;P; and (2) if any of Moody&rsquo;s or S&amp;P ceases to rate the notes or fails to make a rating of
the notes publicly available for reasons outside of the Issuers control, a &ldquo;nationally recognized statistical rating organization,&rdquo;
as defined in Section 3(a)(62) of the Exchange Act, selected by Omnicom Group as a replacement agency for Moody&rsquo;s or S&amp;P,
or both of them, as the case may be.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;S&amp;P&rdquo; means Standard &amp;
Poor&rsquo;s Ratings Services, a division of McGraw-Hill Financial, Inc., and its successors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.25in">&ldquo;Voting Stock&rdquo; means, with respect
to any person, capital stock of any class or kind the holders of which are ordinarily, in the absence of contingencies, entitled
to vote for the election of directors (or persons performing similar functions) of such person, even if the right so to vote has
been suspended by the happening of such a contingency.</P>



<P STYLE="text-align: left"></P>

<!-- Field: Page; Sequence: 17; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left"><B>Certain Covenants</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The indenture will not contain any provisions that would limit the Issuer&rsquo;s ability to incur indebtedness or that would afford holders of notes protection in the event of a sudden and
significant decline in the credit quality or rating of Omnicom Group Inc. or a takeover, recapitalization or highly leveraged or similar transaction involving Omnicom Group Inc.</P>

<P STYLE="text-align: left; margin-left: 0pt"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limitation on Liens</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group Inc. will not, and will not permit any of its Subsidiaries to, create or suffer to exist any Lien on or with respect to any of Omnicom Group Inc.&rsquo;s properties, whether now
owned or hereafter acquired, to secure any Debt of Omnicom Group Inc., any direct or indirect subsidiary or any other Person without securing the notes equally and ratably with such Debt to which such Liens relate for so long as such Debt shall be so
secured, other than:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Permitted Liens;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>purchase money Liens upon or in any real property or equipment
acquired or held by Omnicom Group Inc. or any Subsidiary in the ordinary course of business to secure the purchase price of such
property or equipment or to secure Debt incurred solely for the purpose of financing the acquisition of such property or equipment,
or Liens existing on such property or equipment at the time of its acquisition (other than any such Liens created in contemplation
of such acquisition that were not incurred to finance the acquisition of such property) or extensions, renewals or replacements
of any of the foregoing for the same or a lesser amount, provided, however, that no such Lien shall extend to or cover any properties
of any character other than the real property or equipment being acquired and fixed improvements thereon or accessions thereto,
and no such extension, renewal or replacement shall extend to or cover any properties not theretofore subject to the Lien being
extended, renewed or replaced;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Liens existing on the date of this prospectus supplement;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Liens on property of a Person existing at the time such
Person is merged into, consolidated with, or acquired by Omnicom Group Inc. or any Subsidiary of Omnicom Group Inc. or becomes
a Subsidiary of Omnicom Group Inc.; provided that such Liens were not created in contemplation of such merger, consolidation or
acquisition and do not extend to any assets other than those of the Person so merged into or consolidated with the Omnicom Group
Inc. or such Subsidiary or acquired by Omnicom Group Inc. or such Subsidiary;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Liens granted by Subsidiaries of Omnicom Group Inc. (other
than Omnicom Capital Inc.) to secure Debt owed to Omnicom Group Inc. or a wholly owned Subsidiary of Omnicom Group Inc.;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Liens arising out of judgment, decree or order of court
being contested in good faith by appropriate proceedings, provided that adequate reserves with respect thereto are maintained
on the books of Omnicom Group Inc. or the books of its Subsidiaries, as the case may be, in conformity with U.S. GAAP;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Debt of a Person existing at the time such Person is merged
into or consolidated with Omnicom Group Inc. or becomes a Subsidiary of Omnicom Group Inc. provided that such Debt was not created
in contemplation of such merger, consolidation or acquisition and provided further that the aggregate principal amount of such
Debt shall not exceed $50,000,000 at any time outstanding;</TD>
</TR></TABLE>
<!-- Field: Page; Sequence: 18; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Liens to secure any extension, renewal, refinancing or refunding
(or successive extensions, renewals, refinancings or refundings), in whole or in part, of any Debt secured by Liens referred to
above or Liens created in connection with any amendment, consent or waiver relating to such Debt, so long as such Lien does not
extend to any other property, the amount of Debt secured is not increased (other than by the amount equal to any costs and expenses
incurred in connection with any extension, renewal, refinancing or refunding) and the Debt so secured does not exceed the fair
market value (as determined by our board of directors in good faith) of the assets subject to such Liens at the time of such extension,
renewal, refinancing or refunding, or such amendment, consent or waiver, as the case may be; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Liens otherwise prohibited by this covenant, securing Debt,
provided that the aggregate principal amount of such secured Debt shall not exceed 20% of the Consolidated Net Worth of Omnicom
Group Inc. and its Subsidiaries at any time.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain Definitions</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Set forth below are certain defined terms used in this description of the notes:</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Consolidated Net Worth&rdquo; means the consolidated net worth of Omnicom Group Inc., as determined in accordance with generally accepted accounting principles in the United States of
America or U.S. GAAP.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Debt&rdquo; of any Person means, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of property
or services (other than earn-out payment obligations of such Person in connection with the purchase of property or services to the extent they are still contingent), (c) all obligations of such Person evidenced by notes, bonds, debentures or other
similar instruments, (d) all obligations of such Person created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person (even though the rights and remedies of the seller or lender under
such agreement in the event of default are limited to repossession or sale of such property), (e) all obligations of such Person as lessee under leases to the extent that such leases have been or should be, in accordance with U.S. GAAP, recorded as
capital leases, (f) all obligations, contingent or otherwise, of such Person in respect of acceptances, letters of credit or similar extensions of credit, (g) all obligations of such Person in respect of Hedge Agreements, (h) all Debt of others referred
to in clauses (a) through (g) above or clause (i) below and other payment obligations guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement (1) to pay or
purchase such Debt or to advance or supply funds for the payment or purchase of such Debt, (2) to purchase, sell or lease (as lessee or lessor) property, or to purchase or sell services, primarily for the purpose of enabling the debtor to make payment of
such Debt or to assure the holder of such Debt against loss, (3) to supply funds to or in any other manner invest in the debtor (including any agreement to pay for property or services irrespective of whether such property is received or such services
are rendered) or (4) otherwise to assure a creditor against loss, and (i) all Debt referred to in clauses (a) through (h) above secured by (or for which the holder of such Debt has an existing right, contingent or otherwise, to be secured by) any Lien on
property (including, without limitation, accounts and contract rights) owned by such Person, even though such Person has not assumed or become liable for the payment of such Debt.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Hedge Agreements&rdquo; means interest rate swap, cap or collar agreements, interest rate future or option contracts, currency swap agreements, currency future or option contracts and other
similar agreements.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Lien&rdquo; means any lien, security interest or other charge or encumbrance of any kind, or any other type of preferential arrangement intended to provide security for the payment or
performance of an obligation, including, without limitation, the lien or retained security title of a conditional vendor and any easement, right of way or other encumbrance on title to real property.</P>


<!-- Field: Page; Sequence: 19; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Permitted Liens&rdquo; means such of the following as to which no enforcement, collection, execution, levy or foreclosure proceeding shall have been commenced: (a) Liens for taxes,
assessments and governmental charges or levies to the extent not yet due and payable, or being contested in good faith by appropriate proceedings; (b) Liens imposed by law, such as materialmen&rsquo;s, mechanics&rsquo;, carriers&rsquo;, workmen&rsquo;s
and repairmen&rsquo;s Liens and other similar Liens arising in the ordinary course of business securing obligations that are not overdue for a period of more than 30 days or that are being contested in good faith and by appropriate proceedings that
prevent the forfeiture or sale of the asset subject to such Lien; (c) pledges or deposits to secure obligations under workers&rsquo; compensation laws or similar legislation or to secure public or statutory obligations or, in any such case, to secure
reimbursement obligations under letters of credit or bonds issued to support such obligations; and (d) easements, rights of way and other encumbrances on title to real property that do not render title to the property encumbered thereby unmarketable or
materially adversely affect the use of such property for its present purposes.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Person&rdquo; means any individual, corporation, partnership, joint venture, association, limited liability company, joint-stock company, trust, unincorporated organization or government or
any agency or political subdivision thereof.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Subsidiary&rdquo; of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in which) more than 50% of (a) the issued and
outstanding voting stock of such Person, (b) the interest in the capital or profits of such limited liability company, partnership or joint venture or (c) the beneficial interest in such trust or estate is at the time directly or indirectly owned or
controlled by such Person, by such Person and one or more of its other subsidiaries or by one or more of such Person&rsquo;s other subsidiaries.</P>

<P style="TEXT-ALIGN: left"><B>Book-Entry Notes</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The notes will be issued in the form of one or more global securities in definitive, fully registered form, without interest coupons. Each global security will be deposited with the trustee, as
custodian for, and registered in the name of, a nominee of DTC, as depositary and will be held through the book-entry system of DTC and its participants, including Euroclear and Clearstream. See &ldquo;Description of Debt Securities &mdash; Book-Entry
Procedures and Settlement&rdquo; in the accompanying base prospectus for a description of registered global securities held in book entry form.</P>


<!-- Field: Page; Sequence: 20; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: center"><A NAME="a_009"></A><B>MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This section summarizes the material U.S. federal income tax consequences to holders relating to the purchase, ownership and disposition of the notes. This summary deals only with notes that are
held as capital assets (generally held for investment) by holders that purchase the notes for cash pursuant to this offering at the offer price set forth on the front cover hereof. This section is based upon the Internal Revenue Code of 1986, as amended
(the &ldquo;Code&rdquo;), judicial decisions, final, temporary and proposed Treasury regulations, published rulings and other administrative pronouncements as of the date of this prospectus supplement, changes to any of which subsequent to the date of
this prospectus supplement may affect the tax consequences described herein, possibly with retroactive effect. This section does not apply to holders that are subject to special rules, including:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a dealer in securities;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a trader in securities that elects to use a mark-to-market
method of accounting for such trader&rsquo;s securities holdings;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a broker;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a tax-exempt entity;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>an insurance company;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a person that holds notes as part of a straddle, hedge,
conversion or other integrated transaction;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a U.S. Holder (as defined below) whose functional currency
is not the U.S. dollar;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a bank or other financial institution;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a regulated investment company;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a real estate investment trust;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a former citizen or former permanent resident of the United
States;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a controlled foreign corporation;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a passive foreign investment company;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a partnership or other pass-through entity or investor
therein; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a holder subject to the alternative minimum tax.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, this summary does not address all possible tax consequences related to the acquisition, possession, or disposition of the notes. In particular it does not discuss any U.S. federal tax
other than income tax or any state, local or non-U.S. tax consequences. We have not sought a ruling from the Internal Revenue Service (the &ldquo;IRS&rdquo;) with respect to the statements made in this summary.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this discussion, a &ldquo;U.S. Holder&rdquo; is a beneficial owner of the notes that is, or is treated as for U.S. federal income tax purposes:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>an individual who is a citizen or resident of the United
States;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a corporation created or organized in the United States
or under the laws of the United States, any state thereof or the District of Columbia;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>an estate the income of which is includible in gross income
for U.S. federal income tax purposes regardless of its source; or</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>a trust (i) if a court within the United States is able
to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control
all substantial decisions of the trust or (ii) that has a valid election in effect under applicable Treasury regulations to be
treated as a U.S. person.</TD>
</TR></TABLE>


<!-- Field: Page; Sequence: 21; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this discussion, a &ldquo;Non-U.S. Holder&rdquo; is a beneficial owner of the notes (other than an entity or arrangement treated as a partnership for U.S. federal income tax
purposes) that is not a U.S. Holder. If any entity or arrangement, domestic or foreign, treated as a partnership for U.S. federal income tax purposes holds the notes, the tax treatment of a partner in such partnership generally will depend upon the
status of the partner and the activities of the partnership.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Please consult your own tax advisor as to the particular tax consequences to you of purchasing, holding and disposing of the notes in your particular circumstances under the Code and the laws of
any other taxing jurisdiction or any applicable tax treaty.</P>

<P STYLE="text-align: left"><B>Certain Additional Payments</B></P>

<P STYLE="text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will become required to pay 101% of the principal
amount of any note purchased by us at a holder&rsquo;s election after a Change of Control Triggering Event, as described above
under the heading &ldquo;Description of Notes &mdash; Repurchase at the Option of Holders Upon Change of Control Triggering Event.&rdquo;
Treasury regulations provide special rules for contingent payment debt instruments which, if applicable, could cause the timing,
amount and character of a holder&rsquo;s income, gain or loss with respect to the notes to be different from the consequences discussed
below. Under the applicable Treasury regulations, however, for purposes of determining whether a debt instrument is a contingent
payment debt instrument, remote or incidental contingencies (determined as of the date the notes are issued) are ignored. We believe
the possibility of making additional payments on the notes is remote and/or incidental. Therefore, we intend to treat the possibility
of the payment of such additional amounts as not resulting in the notes being treated as contingent payment debt instruments under
the applicable Treasury regulations. Our treatment will be binding on all holders, except a holder that discloses its differing
treatment in a statement attached to its timely filed U.S. federal income tax return for the taxable year during which the note
was acquired. Our treatment is not binding on the IRS, however, which may take a contrary position and treat the notes as contingent
payment debt instruments. The remainder of this discussion assumes that the notes are not treated as contingent payment debt instruments.</P>

<P style="TEXT-ALIGN: left"><B>U.S. Holders</B></P>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments of stated interest on the notes generally will be taxable to a U.S. Holder as ordinary income at the time that such payments are received or accrued, in accordance with such U.S.
Holder&rsquo;s method of accounting for U.S. federal income tax purposes. It is expected, and the following discussion assumes, that the notes will be issued with less than a <I>de minimis </I>amount of original issue discount for U.S. federal income tax
purposes.</P>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sale or Other Taxable Disposition of the Notes</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A U.S. Holder will recognize gain or loss on the sale, exchange, redemption, retirement or other taxable disposition of a note equal to the difference between the amount realized upon the
disposition (less any portion allocable to accrued and unpaid interest, which will be taxable as interest to the extent not previously taxed) and the U.S. Holder&rsquo;s adjusted tax basis in the note. A U.S. Holder&rsquo;s adjusted tax basis in a note
generally will be the U.S. Holder&rsquo;s cost therefor. This gain or loss generally will be a capital gain or loss, and will be a long-term capital gain or loss if the U.S. Holder has held the note for more than one year. Otherwise, such gain or loss
will be a short-term capital gain or loss. Long-term capital gains recognized by certain non-corporate U.S. Holders, including individuals, generally will be taxable at a preferential rate. The deductibility of capital losses is subject to
limitations.</P>



<!-- Field: Page; Sequence: 22; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Surtax on Net Investment Income</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A U.S. Holder that is an individual, estate, or a trust that does not fall into a special class of trusts that is exempt from such tax, will be subject to a 3.8% surtax on the lesser of (1) the
U.S. Holder&rsquo;s &ldquo;net investment income&rdquo; (or undistributed net investment income in the case of an estate or trust) for the relevant taxable year and (2) the excess of the U.S. Holder&rsquo;s modified adjusted gross income (or adjusted
gross income in the case of an estate or trust) for the taxable year over a certain threshold (which in the case of individuals will be between $125,000 and $250,000, depending on the individual&rsquo;s circumstances). A U.S. Holder&rsquo;s net
investment income generally will include its gross interest income and its net gains from the disposition of the notes, unless such interest payments or net gains are derived in the ordinary course of the conduct of a trade or business (other than a
trade or business that consists of certain passive or trading activities). If you are a U.S. Holder that is an individual, estate, or trust, you are urged to consult your tax advisor regarding the applicability of the surtax to your income and gains in
respect of your investment in the notes.</P>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Backup Withholding and Information Reporting</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A U.S. Holder may be subject to information reporting and backup
withholding when such holder receives interest and principal payments on the notes, or upon the proceeds received upon the
sale or other disposition of such notes. Certain holders (including, among others, corporations and certain tax-exempt
organizations) generally are not subject to backup withholding and such information reporting. A U.S. Holder will be subject
to this backup withholding tax if such holder is not otherwise exempt and such holder:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>fails to furnish its taxpayer identification number (&ldquo;TIN&rdquo;),
which, for an individual, is ordinarily his or her social security number;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>furnishes an incorrect TIN;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>is notified by the IRS that it has failed to properly
report payments of interest or dividends; or</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>fails to certify on IRS Form W-9, under penalties of perjury,
that it has furnished a correct TIN and that the IRS has not notified the U.S. Holder that it is subject to backup withholding.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Holders should consult their tax advisors regarding their qualification for an exemption from backup withholding and the procedures for obtaining such an exemption, if applicable. Backup
withholding is not an additional tax and taxpayers may use amounts withheld as a credit against their U.S. federal income tax liability or may claim a refund provided they timely provide certain information to the IRS.</P>

<P style="TEXT-ALIGN: left"><B>Non-U.S. Holders</B></P>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to the discussions below concerning backup withholding and FATCA, payments of interest on a note to Non-U.S. Holders generally will not be subject to U.S. federal income tax or withholding
tax, provided that the holder certifies its nonresident status as described below, and:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>such payments are not effectively connected with such holder&rsquo;s
conduct of a U.S. trade or business (and, if required by an applicable income tax treaty, are not attributable to a &ldquo;permanent
establishment&rdquo; or &ldquo;fixed base&rdquo; maintained by the Non-U.S. Holder in the United States);</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>such holder does not actually (or constructively) own 10%
or more of the total combined voting power of all classes of our voting stock within the meaning of the Code and the Treasury
regulations; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>such holder is not a controlled foreign corporation that
is related, directly or indirectly to us.</TD>
</TR></TABLE>



<!-- Field: Page; Sequence: 23; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A Non-U.S. Holder can meet the certification requirement by providing a properly executed IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable (or applicable successor form) to us or our paying
agent certifying under penalty of perjury that it is not a United States person prior to the payment. If the Non-U.S. Holder holds the note through a financial institution or other agent acting on the holder&rsquo;s behalf, the holder will be required to
provide appropriate documentation to the agent. The Non-U.S. Holder&rsquo;s agent will then be required to provide certification to us or our paying agent, either directly or through other intermediaries.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Non-U.S. Holder cannot satisfy the requirements described above, payments of interest will be subject to U.S. federal withholding tax at a rate of 30% unless the Non-U.S. Holder provides a
properly executed (i) IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable (or applicable successor form) claiming a reduction of or an exemption from withholding under an applicable tax treaty or (ii) IRS Form W-8ECI (or applicable successor form)
stating that such payments are not subject to withholding tax because they are effectively connected with the holder&rsquo;s conduct of a trade or business in the United States (and if required by an applicable income tax treaty is attributable to a
&ldquo;permanent establishment&rdquo; or &ldquo;fixed base&rdquo; maintained by the Non-U.S. Holder in the United States).</P>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest Effectively Connected with a U.S. Trade or Business</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If a Non-U.S. Holder is engaged in a trade or business in the United States (and, if an applicable tax treaty requires, if a Non-U.S. Holder maintains a &ldquo;permanent establishment&rdquo; or
&ldquo;fixed base&rdquo; within the United States) and interest on the notes is effectively connected with the conduct of such trade or</P>




<P style="TEXT-ALIGN: left">business (and, if an applicable tax treaty requires, attributable to such &ldquo;permanent establishment&rdquo; or &ldquo;fixed base&rdquo;), a Non-U.S. Holder will be subject to U.S. federal income tax (but not withholding
tax assuming a properly executed Form W-8ECI (or applicable successor form) has been provided) on such interest on a net income basis in generally the same manner as if the holder was a U.S. person. In addition, in certain circumstances, a corporate
Non-U.S. Holder described in this paragraph may be subject to a 30% branch profits tax (or applicable lower tax treaty rate, provided certain certification requirements are met).</P>

<P style="TEXT-ALIGN: left"><B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sale or Other Disposition of Notes</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except as described below and subject to the discussions below on backup withholding and FATCA, any gain or income realized on the sale, redemption or other taxable disposition of a note will
generally not be subject to U.S. federal income tax unless:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>such gain or income is effectively connected with a Non-U.S.
Holder&rsquo;s conduct of a trade or business in the United States (and, where an applicable income tax treaty so provides, is
attributable to a U.S. &ldquo;permanent establishment&rdquo; or &ldquo;fixed base&rdquo; maintained by such holder); or</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>such gain or income is realized by an individual Non-U.S.
Holder who is present in the United States for 183 days or more in the taxable year of the disposition and certain other conditions
are met.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts paid on a retirement or redemption of a note which represent accrued but unpaid interest are taxed as interest as discussed under the heading &ldquo; &mdash; Interest,&rdquo; above. In
certain circumstances, a portion of the proceeds from a sale or exchange of a note may be taxed as interest, in which case such portion would be taxed as interest as discussed under the heading &ldquo; &mdash; Interest,&rdquo; above.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Backup Withholding and Information Reporting</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless you are an exempt recipient, such as a corporation, interest and principal payments on the notes and the proceeds received from a sale or other disposition of notes may be subject to
information reporting and may also be subject to U.S. federal backup withholding if you fail to comply with applicable U.S. information reporting or certification requirements. The certification procedures required to claim the exemption from withholding
tax on interest described above generally will satisfy the certification requirements necessary to avoid backup withholding tax as well.</P>



<!-- Field: Page; Sequence: 24; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Backup withholding is not an additional tax. Any amounts so withheld under the backup withholding rules may be allowed as a credit against a Non-U.S. Holder&rsquo;s U.S. federal income tax
liability or may be claimed as a refund provided the holder furnishes the required information to the IRS.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>FATCA</I></B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sections 1471 through 1474 of the Code (referred to as &ldquo;FATCA&rdquo;) and Treasury regulations thereunder, when applicable, impose a U.S. federal withholding tax equal to 30% on any interest
paid on debt obligations of U.S. corporations, such as the notes, and on the proceeds from the disposition of such debt obligations even if the payment would otherwise not be subject to U.S. nonresident withholding tax (e.g., because it is capital gain)
(if such disposition occurs on or after January 1, 2019) if paid to a &ldquo;foreign financial institution&rdquo; (which term generally includes most foreign hedge funds, private equity funds, mutual funds, securitization vehicles and other investment
vehicles) or a &ldquo;non-financial foreign entity,&rdquo; each as defined in the Code (including, in some cases, when such foreign financial institution or non-financial foreign entity is acting as an intermediary), unless: (i) in the case of a foreign
financial institution, such institution enters into an agreement with the U.S. government to withhold on certain payments, and to collect and provide to the U.S. tax authorities information regarding U.S. account holders of such institution (which
include certain equity and debt holders of such institution, as well as certain account holders that are foreign entities with U.S. owners); or (ii) the non-financial foreign entity either certifies it does not have any &ldquo;substantial U.S.
owners&rdquo; (as defined in the Code) or furnishes identifying information regarding each substantial U.S. owner (generally by providing the applicable properly completed IRS Form W-8BEN or W-8BEN-E (or a suitable successor</P>





<P style="TEXT-ALIGN: left">form)). An &ldquo;intergovernmental agreement&rdquo; between the United States and an applicable foreign country may modify the requirements described in this paragraph.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will not pay any additional amounts to Non-U.S. Holders in respect of any amounts withheld, including pursuant to FATCA. Under certain circumstances, a Non-U.S. Holder might be eligible for
refunds or credits of taxes withheld pursuant to FATCA. Non-U.S. Holders are urged to consult with their own tax advisors regarding the effect, if any, of the FATCA provisions to them based on their particular circumstances.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>The preceding discussion of material U.S. federal income tax consequences is general information only and is not tax advice. Accordingly, you should consult your own tax advisor as to the
particular tax consequences to you of purchasing, holding or disposing of notes, including the applicability and effect of any U.S. federal tax other than income tax or any state, local or non-U.S. tax laws, and of any changes or proposed changes in
applicable law.</B></P>


<!-- Field: Page; Sequence: 25; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: center"><A NAME="a_010"></A><B>UNDERWRITING</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under the terms and subject to the conditions contained in an underwriting agreement dated the date of this prospectus supplement, the underwriters named below, for whom Citigroup Global Markets
Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as representatives, have severally agreed to purchase, and Omnicom Group Inc. and Omnicom Capital have agreed to sell to them, severally, the
principal amount of notes set forth opposite their names below:</P>



<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR VALIGN="BOTTOM">
    <TD STYLE="text-align: left">&nbsp;<BR>
<B>Underwriters</B></TD>
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: center; border-bottom: Black 1pt solid; width: 17%"><B>Principal Amount</B><BR>
<B>of Notes</B></TD>
</TR>
<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">Citigroup Global Markets Inc.</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-indent: 0.01pt; text-align: left">$</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">Deutsche Bank Securities Inc.</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">J.P. Morgan Securities LLC</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">Wells Fargo Securities, LLC</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">BNP Paribas Securities Corp.</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">HSBC Securities (USA) Inc.</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">U.S. Bancorp Investments, Inc.</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-indent: 0pt; text-align: left">Total</TD>

    <TD>&nbsp;</TD>
   <TD STYLE="border-bottom: #000000 3px double; text-align: left">$</TD></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The underwriters are offering the notes subject to their acceptance of the notes from us and subject to prior sale. The underwriting agreement provides that the obligations of the several
underwriters to pay for and accept delivery of the notes offered by this prospectus supplement are subject to the approval of certain legal matters by counsel and to certain other conditions. The underwriters have agreed to purchase all of the notes
offered by this prospectus supplement if any of the notes are purchased.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The underwriters initially propose to offer part of the notes directly to the public at the offering price set forth on the cover page of this prospectus supplement. In addition, the underwriters
initially propose to offer to certain dealers at a price that represents a concession not in excess of % of the principal amount of the notes. After the initial offering of the notes, the underwriters may from time to time vary the offering price and
other selling terms. The following table shows the underwriting discount that we will pay to the underwriters in connection with this offering:</P>



<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial">



<TR vAlign=bottom>

   <TD STYLE="text-align: left">&nbsp;</TD>

   <TD NOWRAP STYLE="border-bottom: #000000 1px solid; text-align: left; width: 10%"><B>Paid by Us</B></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Per Note</TD>

   <TD STYLE="text-align: right">%</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left">Total</TD>

   <TD STYLE="text-align: left">$</TD></TR></TABLE><P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have also agreed to indemnify the underwriters against certain liabilities, including liabilities under the federal securities laws, or to contribute to payments which the underwriters may be
required to make in respect of any such liabilities.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with the offering of the notes, the underwriters (or persons acting on their behalf) may over allot notes or effect transactions with a view to supporting the market price of the
notes at a level higher than that which might otherwise prevail. However, there is no assurance that the underwriters (or persons acting on their behalf) will undertake stabilization action. Any stabilization action may begin on or after the date on
which adequate public disclosure of the terms of the offer of the relevant notes is made and, if begun, may be ended at any time, but it must end no later than 30 days after the date on which the Issuers received the proceeds of the issue, or no later
than 60 days after the date of allotment of the relevant notes, whichever is the earlier. Any stabilization action or over allotment must be conducted by the relevant underwriter (or persons acting on their behalf) in accordance with all applicable laws
and rules.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses associated with this offering to be paid by us, other than the underwriting discount, are estimated to be $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; .</P>

<P STYLE="text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The notes are a new issue of securities with no established trading market. The notes will not be listed on any securities exchange or included in any authorized quotation system.</P>

<!-- Field: Page; Sequence: 26; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From time to time in the ordinary course of their respective businesses, certain of the underwriters and their affiliates have engaged in and may in the future engage in commercial banking,
derivatives and/or investment banking transactions with us and our affiliates for which they have received, or will receive customary fees and reimbursement of expenses.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, in the ordinary course of their various business activities, the underwriters and their respective affiliates may make or hold a broad array of investments and actively trade debt and
equity securities (or related derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of
ours or our affiliates. If any of the underwriters or their affiliates has a lending relationship with us, certain of those underwriters or their affiliates routinely hedge, and certain other of those underwriters or their affiliates may hedge, their
credit exposure to us consistent with their customary risk management policies. Typically, these underwriters and their affiliates would hedge such exposure by entering into transactions which consist of either the purchase of credit default swaps or the
creation of short positions in our securities, including potentially the notes offered hereby. Any such credit default swaps or short positions could adversely affect future trading prices of the notes offered hereby. The underwriters and their
affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such
securities and instruments.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC are lead arrangers and book managers of the Omnicom Group credit facility.
Affiliates of J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are syndication agents, an affiliate of BNP Paribas Securities Corp. is a documentation agent and an affiliate of Citigroup Global Markets Inc. is an administrative agent of the
Omnicom Group credit facility. The other underwriters, or their affiliates, are also participants in the Omnicom Group credit facility. Deutsche Bank Trust Company Americas, an affiliate of Deutsche Bank Securities Inc., serves as trustee under the
indenture governing the notes offered hereby as well as our outstanding 5.90% Senior Notes due 2016, 6.250% Senior Notes due 2019, 4.45% Senior Notes due 2020, 3.625% Senior Notes due 2022 and 3.65% Senior Notes due 2024.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All sales of notes in the United States will be made by or through U.S. registered broker-dealers as permitted by applicable regulations.</P>

<P style="TEXT-ALIGN: left"><B>Settlement</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We expect that delivery of the notes will be made to investors on or about&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; , 2016, which will be the seventh business day following the date of this prospectus supplement (such settlement being
referred to as &ldquo;T+7&rdquo;). Under Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly,
purchasers who wish to trade notes prior to the delivery of the notes hereunder will be required, by virtue of the fact that the notes initially settle in T+7, to specify an alternate settlement arrangement at the time of any such trade to prevent a
failed settlement. Purchasers of the notes who wish to trade the notes prior to their date of delivery hereunder should consult their advisors.</P>

<P style="TEXT-ALIGN: left"><B>Notice to Prospective Investors in the European Economic Area</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In relation to each member state of the European Economic Area, each underwriter has represented and agreed that with effect from and including the date on which the Prospectus Directive was
implemented in that member state (the relevant implementation date), it has not made and will not make an offer of notes described in this prospectus supplement to the public in that</P>


<!-- Field: Page; Sequence: 27; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left">member state except that it may, with effect from an including the relevant implementation date, make an offer of such notes to the public in that member state:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>to any legal entity which is a qualified investor as defined
in the Prospectus Directive;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>to fewer than 150 natural or legal persons (other than qualified
investors as defined in the Prospectus Directive), as permitted under the Prospectus Directive, subject to obtaining the prior
consent of the relevant Dealer or Dealers nominated by us for any such offer; or</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>in any other circumstances falling within Article 3(2) of
the Prospectus Directive,</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left">provided that no such offer of notes shall require us or any underwriter to publish a prospectus pursuant to Article 3 of the Prospectus Directive.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this provision, the expression an &ldquo;offer of notes to the public&rdquo; in any member state means the communication in any form and by any means of sufficient information on
the terms of the offer and the notes to be offered so as to enable an investor to decide to purchase or subscribe for the notes, as the expression may be varied in that member state by any measure implementing the Prospectus Directive in that member
state, and the expression &ldquo;Prospectus Directive&rdquo; means Directive 2003/71/EC, as amended including by Directive 2010/73/EU, and includes any relevant implementing measure in each member state.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person in a member state of the European Economic Area who receives any communication in respect of, or who acquires any notes under, the offers to the public contemplated in this prospectus
supplement will be deemed to have represented, warranted and agreed to and with each underwriter that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>it is a qualified investor within the meaning of the law
in that member state implementing Article 2(1)(e) of the Prospectus Directive; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>in the case of any notes acquired by it as a financial intermediary,
as that term is used in Article 3(2) of the Prospectus Directive, (i) the notes acquired by it in the offer have not been acquired
on behalf of, nor have they been acquired with a view to their offer or resale to, persons in any member state other than qualified
investors, as that term is defined in the Prospectus Directive, or in circumstances in which the prior consent of the underwriters
has been given to the offer or resale; or (ii) where notes have been acquired by it on behalf of persons in any member state other
than qualified investors, the offer of those notes to it is not treated under the Prospectus Directive as having been made to
such persons.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left"><B>Notice to Prospective Investors in the United Kingdom</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each underwriter has represented and agreed that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>it has only communicated or caused to be communicated and
will only communicate or cause to be communicated an invitation or inducement to engage in investment activity (within the meaning
of Section 21 of the Financial Services and Markets Act 2000 (&ldquo;FMSA&rdquo;)) received by it in connection with the issue
or sale of the notes in circumstances in which Section 21(1) of the FMSA does not apply to us; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>it has complied and will comply with all applicable provisions
of the FMSA with respect to anything done by it in relation to the notes in, from or otherwise involving the United Kingdom.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This document is for distribution only to persons who (i) have
professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets
Act  2000 (Financial Promotion) Order 2005 (as amended, the &ldquo;Financial Promotion Order&rdquo;), (ii) are persons
falling within Article 49(2)(a) to (d) (&ldquo;high net worth companies, unincorporated associations etc.&rdquo;) of the
Financial Promotion  Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to
engage in investment activity (within the meaning of section 21 of the FMSA) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as &ldquo;relevant persons&rdquo;). This document is
directed only at relevant persons and must not be acted on or relied on by persons who </P>


<!-- Field: Page; Sequence: 28; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left">are not relevant persons. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with
relevant persons.</P>

<P style="TEXT-ALIGN: left"><B>Notice to Prospective Investors in Canada</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The notes may be sold only to purchasers purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 <I>Prospectus Exemptions
</I>or subsection 73.3(1) of the <I>Securities Act </I>(Ontario), and are permitted clients, as defined in National Instrument 31-103 <I>Registration Requirements, Exemptions and Ongoing Registrant Obligations</I>. Any resale of the notes must be made in
accordance with an exemption from, or in a transaction not subject to, the prospectus requirements of applicable securities laws.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities legislation in certain provinces or territories of Canada may provide a purchaser with remedies for rescission or damages if this prospectus supplement (including any amendment thereto)
contains a misrepresentation, provided that the remedies for rescission or damages are exercised by the purchaser within the time limit prescribed by the securities legislation of the purchaser&rsquo;s province or territory. The purchaser should refer to
any applicable provisions of the securities legislation of the purchaser&rsquo;s province or territory for particulars of these rights or consult with a legal advisor.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to section 3A.3 of National Instrument 33-105 <I>Underwriting Conflicts </I>(NI 33-105), the underwriters are not required to comply with the disclosure requirements of NI 33-105
regarding underwriter conflicts of interest in connection with this offering.</P>

<!-- Field: Page; Sequence: 29; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: left"></P>

<P STYLE="text-align: center"><A NAME="a_011"></A><B>LEGAL MATTERS</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain legal matters in connection with this offering will be passed upon for the Issuers by Jones Day, New York, New York, Gilbride, Tusa, Last &amp; Spellane LLC, Greenwich, Connecticut, and/or
by its general counsel, Michael O&rsquo;Brien, Esq. Mr. O&rsquo;Brien is an officer of Omnicom Group Inc. and has received, and may in the future receive, awards of restricted stock and options and other benefits determined by reference to Omnicom Group
Inc. securities. Mr. O&rsquo;Brien beneficially owns or has rights to acquire a total of less than 1% of Omnicom Group Inc.&rsquo;s outstanding common stock. In connection with this offering, the underwriters have been represented by Shearman &amp;
Sterling LLP, New York, New York.</P>

<P STYLE="text-align: center"><A NAME="a_012"></A><B>EXPERTS</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The consolidated financial statements and financial statement schedule of Omnicom Group Inc. and subsidiaries as of December 31, 2015 and 2014, and for each of the years in the three-year period
ended December 31, 2015, and the effectiveness of our internal control over financial reporting as of December 31, 2015, are incorporated by reference herein in reliance upon the reports of KPMG LLP, an independent registered public accounting firm,
incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing.</P>


<!-- Field: Page; Sequence: 30; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: center"><A NAME="a_013"></A><B>WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE</B></P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus supplement is a part of a registration statement filed by Omnicom Group Inc. and Omnicom Capital under the Securities Act. The registration statement also includes additional
information not contained in this prospectus supplement.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group Inc. files annual, quarterly and current reports, and any amendments to those reports, proxy statements and other information with the SEC. You may read and copy any document Omnicom
Group Inc. files at the SEC&rsquo;s public reference rooms at 100 F Street N.E., Washington, D.C. 20549. You can also request copies of the documents, upon payment of a duplicating fee, by writing the Public Reference Section of the SEC. Please call the
SEC at 1-800-SEC-0330 for further information on the public reference rooms. These SEC filings are also available to the public from the SEC&rsquo;s web site at http://www.sec.gov.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The SEC allows us to &ldquo;incorporate by reference&rdquo; into this prospectus supplement and the accompanying prospectus (as well as the related registration statement) the information we file
with the SEC, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is considered to be part of this prospectus supplement as a legal matter. Information that we file
later with the SEC will automatically update information in this prospectus supplement. In all cases, you should rely on the later information over different information included in this prospectus supplement or the accompanying prospectus. We
incorporate by reference the documents listed below and any future filings made with the SEC under Section 13(a), 13(c), 14, or 15(d) of the Securities Exchange Act of 1934:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Annual Report of Omnicom Group Inc. on Form 10-K for the
fiscal year ended December 31, 2015, filed with the SEC on February 9, 2016;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Current Reports of Omnicom Group Inc. on Form 8-K filed with
the SEC on February 8, 2016 and March 15, 2016; and</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 9pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 22pt; text-align: left">&bull;</TD><TD>Information specifically incorporated by reference in Omnicom
Group Inc.&rsquo;s Annual Report on Form 10-K for the fiscal year ended December 31, 2014 from its definitive proxy statement
on Schedule 14A, filed with the SEC on April 8, 2015.</TD>
</TR></TABLE>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are not incorporating by reference any information furnished rather than filed under Items 2.02 and 7.01 of any Current Report on Form 8-K.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents we file pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this prospectus supplement and the accompanying prospectus before the later of (1) the
completion of the offering of the securities described in this prospectus supplement and (2) if applicable, the date any underwriters stop offering securities pursuant to this prospectus supplement will also be incorporated by reference in this
prospectus supplement from the date of filing of such documents. Upon request, we will provide to each person, including any beneficial owner, to whom a prospectus supplement is delivered, a copy of any or all of the information that has been
incorporated by reference in this prospectus supplement but not delivered with this prospectus supplement.</P>

<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This information is also available on the investor relations page of Omnicom Group Inc.&rsquo;s web site at http://investor.omnicomgroup.com. Information included or available through Omnicom
Group Inc.&rsquo;s website does not constitute a part of this prospectus supplement or the accompanying prospectus. You may also request a copy of these filings, at no cost, by writing or telephoning Omnicom Group Inc. at the following address:</P>

<P style="TEXT-ALIGN: center">Omnicom Group Inc.<BR>437 Madison Avenue<BR>New York, NY 10022<BR>Attn: Corporate Secretary<BR>(212) 415-3600</P>


<!-- Field: Page; Sequence: 31; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







<P style="TEXT-ALIGN: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You should rely only on the information incorporated by reference or provided in this prospectus supplement, the accompanying prospectus or any free writing prospectus. We have not, and the
underwriters and their affiliates have not, authorized anyone to provide you with different information. You should not assume that the information in this prospectus supplement, the accompanying prospectus or any documents incorporated by reference is
accurate as of any date other than the date on the front of the applicable document. Our business, financial condition, results of operations and prospects may have changed since those respective dates.</P>
<!-- Field: Page; Sequence: 32; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;S-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->





<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>PROSPECTUS</B></FONT></P>

<P STYLE="margin: 0; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; width: 45%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>OMNICOM
    GROUP INC.</B>&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; width: 55%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>OMNICOM
    GROUP INC.</B>&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>OMNICOM
    CAPITAL INC.</B>&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 2"><!-- Field: Rule-Page --></FONT><DIV STYLE="text-align: center; margin-top: 3pt; margin-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; width: 50%"><FONT STYLE="font: 2 Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

</TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 2"><!-- Field: Rule-Page --></FONT><DIV STYLE="text-align: center; margin-top: 3pt; margin-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; width: 50%"><FONT STYLE="font: 2 Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>DEBT
    SECURITIES</B>&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>COMMON
    STOCK</B>&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>PREFERRED
    STOCK</B>&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>GUARANTEES
    OF DEBT SECURITIES</B>&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SUBSCRIPTION
    RIGHTS</B>&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>WARRANTS</B>&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pursuant
to this prospectus, Omnicom Group Inc. and Omnicom Capital Inc., as co-obligors, may offer from time to time senior or subordinated
debt securities (together with guarantees by Omnicom Group Inc. of Omnicom Capital Inc.&#8217;s obligation in respect of any such
debt securities) and Omnicom Group Inc. may offer from time to time:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">shares
                                         of its common stock, par value $.15 per share;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">shares
                                         of its preferred stock, par value $1.00 per share;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">subscription
                                         rights to purchase its common stock, preferred stock or warrants; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">warrants
                                         to purchase shares of Omnicom Group Inc. common stock or preferred stock.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Specific
terms of these securities will be provided in supplements to this prospectus. The securities may be offered separately or together
in any combination and as separate series. You should read this prospectus and any prospectus supplement carefully before you
invest.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc.&#8217;s common stock is listed on the New York Stock Exchange and trades under the symbol &#8220;OMC.&#8221;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 4pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Investing
in these securities involves certain risks. See the information included and incorporated by reference in this prospectus and
the accompanying prospectus supplement for a discussion of the factors you should carefully consider before deciding to purchase
these securities, including the information under &#8220;Risk Factors&#8221; in Omnicom Group Inc.&#8217;s most recent Annual
Report on Form 10-K filed with the Securities and Exchange Commission.</B></FONT></P>


<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 12pt; margin-bottom: 12pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<P STYLE="margin-top: 0; margin-bottom: 4pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Neither
the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or
determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 12pt; margin-bottom: 12pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We
may sell these securities on a continuous or delayed basis directly, through agents, dealers or underwriters as designated from
time to time, or through a combination of these methods. We reserve the sole right to accept, and together with any agents, dealers
and underwriters, reserve the right to reject, in whole or in part, any proposed purchase of securities. If any agents, dealers
or underwriters are involved in the sale of any securities, the applicable prospectus supplement will set forth any applicable
commissions or discounts. Our net proceeds from the sale of securities also will be set forth in the applicable prospectus supplement.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>The
date of this prospectus is October 20, 2015</B></FONT></P>

<!-- Field: Page; Sequence: 33 -->

<DIV style="BORDER-BOTTOM: black 4pt solid; MARGIN-TOP: 6pt; MARGIN-BOTTOM: 6pt; PADDING-TOP: 3pt">

<TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0>



<TR>

   <TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>

<DIV style="PAGE-BREAK-BEFORE: always; MARGIN-TOP: 6pt; MARGIN-BOTTOM: 6pt">

<TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0>



<TR>

   <TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
<!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: left; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
should rely only on the information contained in or incorporated by reference in this prospectus, in any accompanying prospectus
supplement or in any free writing prospectus filed by us with the Securities and Exchange Commission, or SEC, and any information
about the terms of securities offered conveyed to you by us, our underwriters or our agents. We have not authorized anyone to
provide you with different information. We are not making an offer of these securities in any state where the offer is not permitted.
You should not assume that the information contained in or incorporated by reference in this prospectus or any prospectus supplement
or in any free writing prospectus is accurate as of any date other than their respective dates.</FONT></P>

<P STYLE="text-align: center; margin-bottom: 6pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>TABLE
OF CONTENTS</B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: center; margin-top: 3pt; margin-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><DIV STYLE="font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; width: 25%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">



<TR>

   <TD></TD>

   <TD></TD></TR>

<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><U>Page</U></B>&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_014">The Company</A></TD>

   <TD STYLE="text-align: right">1</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_015">About This Prospectus</A></TD>

   <TD STYLE="text-align: right">2</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_016">Where You Can Find More Information; Incorporation by Reference</A></TD>

   <TD STYLE="text-align: right">2</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_017">Special Note on Forward-Looking Statements</A></TD>

   <TD STYLE="text-align: right">3</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_018">Use of Proceeds</A></TD>

   <TD STYLE="text-align: right">4</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_019">Ratio of Earnings to Fixed Charges</A></TD>

   <TD STYLE="text-align: right">4</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_020">Description of Omnicom Group Inc. Common Stock</A></TD>

   <TD STYLE="text-align: right">4</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_021">Description of Omnicom Group Inc. Preferred Stock</A></TD>

   <TD STYLE="text-align: right">5</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_022">Description of Debt Securities</A></TD>

   <TD STYLE="text-align: right">7</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_023">Description of Omnicom Group Inc. Subscription Rights</A></TD>

   <TD STYLE="text-align: right">13</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_024">Description of Omnicom Group Inc. Warrants</A></TD>

   <TD STYLE="text-align: right">14</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_025">Plan of Distribution</A></TD>

   <TD STYLE="text-align: right">15</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_026">Validity of Securities</A></TD>

   <TD STYLE="text-align: right">15</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="text-align: left"><A HREF="#a_027">Experts</A></TD>

   <TD STYLE="text-align: right">15</TD></TR></TABLE>
<P STYLE="margin: 0; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"></P>

<!-- Field: Page; Sequence: 34; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_014"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>THE
COMPANY</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><I>When
used in this prospectus, the term &#8220;Omnicom Group&#8221; refers to Omnicom Group Inc. together with its consolidated subsidiaries;
the term &#8220;Omnicom Group Inc.&#8221; refers only to Omnicom Group Inc. and not its subsidiaries; the term &#8220;Omnicom
Capital&#8221; refers only to Omnicom Capital Inc.; and the terms &#8220;Issuers,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and
&#8220;our&#8221; refer collectively to Omnicom Group Inc. and Omnicom Capital, in each case, unless otherwise specified.</I></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Omnicom
Group Inc.</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group is a leading global advertising and marketing services company. Omnicom Group&#8217;s branded networks and agencies provide
advertising, marketing and corporate communications services to over 5,000 clients in more than 100 countries.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group&#8217;s branded networks and agencies, which operate in all major markets around the world, provide a comprehensive range
of services in four fundamental disciplines: advertising; customer relationship management, or CRM; public relations; and specialty
communications. The services included in these disciplines are:</FONT></P>

<TABLE BORDER="0" CELLSPACING="0" ALIGN="CENTER" STYLE="width: 93%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">advertising&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">investor
    relations&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">brand
    consultancy&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">marketing
    research&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">content
    marketing&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">media
    planning and buying&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">corporate
    social responsibility consulting&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">mobile
    marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">crisis
    communications&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">multi-cultural
    marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">custom
    publishing&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">non-profit
    marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">data
    analytics&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">organizational
    communications&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">database
    management&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">package
    design&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">direct
    marketing&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">product
    placement&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">entertainment
    marketing&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0.01pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">promotional
    marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">environmental
    design&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">public
    affairs&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">experiential
    marketing&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0.01pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">public
    relations&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">field
    marketing&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">reputation
    consulting&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">financial/corporate
    business-to-business advertising&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">retail
    marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">graphic
    arts/digital imaging&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">search
    engine marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">healthcare
    communications&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">social
    media marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">instore
    design&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">sports
    and event marketing&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">interactive
    marketing&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc. is incorporated in New York and is a holding company. Its principal corporate offices are located at 437 Madison Avenue,
New York, NY 10022; One East Weaver Street, Greenwich, CT 06831; and 525 Okeechobee Boulevard, Suite 870, West Palm Beach, FL
33411. Its telephone numbers are (212) 415-3600, (203) 618-1500 and (561) 207-2200, respectively.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Omnicom
Capital Inc.</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Capital is a wholly owned direct subsidiary of Omnicom Group Inc. Omnicom Capital does not have any independent operations or
subsidiaries. The sole function of Omnicom Capital is to provide funding for the operations of Omnicom Group Inc. and its operating
subsidiaries by incurring debt and lending the proceeds to the operating subsidiaries. Its assets consist of the intercompany
loans it makes or has made to Omnicom Group Inc.&#8217;s operating subsidiaries and the related interest receivables.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Capital is incorporated in Connecticut. Its principal office is located at One East Weaver Street, Greenwich, CT 06831 and its
telephone number is (203) 618-1500.</FONT></P>

<!-- Field: Page; Sequence: 35; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_015"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>ABOUT
THIS PROSPECTUS</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This
prospectus is part of a registration statement that we filed with the SEC utilizing a &#8220;shelf&#8221; registration process.
Under this shelf process, we may sell any combination of the securities described in this prospectus in one or more offerings.
This prospectus provides you with a general description of the securities we may offer. Each time we sell securities, we will
provide a prospectus supplement and, if applicable, a free writing prospectus that will contain specific information about the
terms of that offering. The prospectus supplement will describe: the terms of the securities offered, any initial public offering
price, the price paid to us for the securities, the net proceeds to us, the manner of distribution and any underwriting compensation
and the other specific material terms related to the offering of the applicable securities. For more detail on the terms of the
securities, you should read the exhibits filed with or incorporated by reference in our registration statement of which this prospectus
forms a part. The prospectus supplement and any related free writing prospectus may also add, update or change information contained
in this prospectus. If there is any inconsistency between the information in this prospectus and in any prospectus supplement
or free writing prospectus, you should rely on the information in that prospectus supplement or free writing prospectus, as applicable.
You should read this prospectus, any prospectus supplement and any free writing prospectus together with additional information
described under the heading &#8220;Where You Can Find More Information; Incorporation by Reference.&#8221;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This
prospectus contains summaries of certain provisions contained in some of the documents described herein. Please refer to the actual
documents for complete information. All of the summaries are qualified in their entirety by the actual documents. Copies of the
documents referred to herein have been filed, or will be filed or incorporated by reference as exhibits to the registration statement
of which this prospectus is a part, and you may obtain copies of those documents as described below under &#8220;Where You Can
Find More Information; Incorporation by Reference.&#8221;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pursuant
to this registration statement Omnicom Group Inc. may offer, issue and sell securities as set forth on the cover page of this
prospectus. Because Omnicom Group Inc. is a &#8220;well-known seasoned issuer,&#8221; as defined in Rule 405 of the Securities
Act of 1933, as amended, which we refer to in this prospectus as the &#8220;Securities Act,&#8221; Omnicom Group Inc. may add
to and offer additional securities, including securities held by security holders, by filing a prospectus supplement with the
SEC at the time of the offer. In addition, Omnicom Group Inc. is able to add its subsidiaries and securities to be issued by them
if Omnicom Group Inc. guarantees such securities. Omnicom Group Inc. will guarantee any debt securities that Omnicom Capital issues
under this prospectus.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_016"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>WHERE
YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This
prospectus is a part of a registration statement filed by Omnicom Group Inc. and Omnicom Capital under the Securities Act. The
registration statement also includes additional information not contained in this prospectus.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc. files annual, quarterly and current reports, and any amendments to those reports, proxy statements and other information
with the SEC. You may read and copy any document Omnicom Group Inc. files at the SEC&#8217;s public reference room located at
100 F Street N.E., Washington, D.C. 20549. You can also request copies of the documents, upon payment of a duplicating fee, by
writing the Public Reference Section of the SEC. Please call the SEC at 1-800-SEC-0330 for further information on the public reference
rooms. These SEC filings are also available to the public from the SEC&#8217;s web site at http://www.sec.gov.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
SEC allows us to &#8220;incorporate by reference&#8221; into this prospectus and any prospectus supplement (as well as the related
registration statement) the information we file with the SEC, which means that we can disclose important information to you by
referring you to those documents. The information incorporated by reference is considered to be part of this prospectus as a legal
matter. Information that we file later with the SEC will automatically update information in this prospectus. In all cases, you
should rely on the later information over different information included in this prospectus or the prospectus supplement. We incorporate
by reference the documents listed below and any future filings made with the SEC under Section 13(a), 13(c), 14, or 15(d) of the
Securities Exchange Act of 1934:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Annual
                                         Report of Omnicom Group Inc. on Form 10-K for the fiscal year ended December 31, 2014,
                                         filed with the SEC on February 10, 2015;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Quarterly
                                         Reports of Omnicom Group Inc. on Form 10-Q for the quarterly periods ended March 31,
                                         2015, filed with the SEC on April 21, 2015, June 30, 2015, filed with the SEC on July
                                         21, 2015, and September 30, 2015, filed with the SEC on October 20, 2015;</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
                                         portions of the definitive proxy statement of Omnicom Group Inc. on Schedule 14A filed
                                         with the SEC on April 8, 2015 that are specifically incorporated by reference into the
                                         Annual Report of Omnicom Group Inc. on Form 10-K for the fiscal year ended December 31,
                                         2014;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Current
                                         reports of Omnicom Group Inc. on Form 8-K filed with the SEC on January 12, 2015 and
                                         May 21, 2015;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Registration
                                         Statement on Form 8-A filed pursuant to Section 12 of the Exchange Act describing Omnicom
                                         Group Inc.&#8217;s common stock, including any amendments or reports filed for the purpose
                                         of updating such description.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">All
documents we file pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this prospectus and before
the later of (1) the completion of the offering of the securities described in this prospectus and (2) if applicable, the date
any underwriters stop offering securities pursuant to this prospectus will also be incorporated by reference in this prospectus
from the date of filing of such documents (other than information furnished pursuant to Items 2.02 or 7.01 of Form 8-K, including
any financial statements or exhibits relating thereto and furnished pursuant to Item 9.01). Upon request, we will provide to each
person, including any beneficial owner, to whom a prospectus is delivered, a copy of any or all of the information that has been
incorporated by reference in this prospectus but not delivered with this prospectus.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This
information is also available on the investor relations page of Omnicom Group Inc.&#8217;s web site at http://www.omnicomgroup.com.
Information included or available through Omnicom Group Inc.&#8217;s website does not constitute a part of this prospectus or
any prospectus supplement. You may also request a copy of these filings, at no cost, by writing or telephoning Omnicom Group Inc.
at the following address:</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc.<BR>
437 Madison Avenue<BR>
New York, NY 10022<BR>
Attn: Corporate Secretary<BR>
(212) 415-3600</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">You
should rely only on the information provided in this prospectus and any prospectus supplement, as well as the information incorporated
by reference. We have not authorized anyone to provide you with different information. You should not assume that the information
in this prospectus, the prospectus supplement or any documents incorporated by reference is accurate as of any date other than
the date on the front of the applicable document.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_017"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SPECIAL
NOTE ON FORWARD-LOOKING STATEMENTS</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Certain
statements in this prospectus constitute forward-looking statements, including statements within the meaning of the Private Securities
Litigation Reform Act of 1995. In addition, from time to time, we or our representatives have made, or may make, forward-looking
statements, orally or in writing. These statements may discuss goals, intentions and expectations as to future plans, trends,
events, results of operations or financial condition, or otherwise, based on current beliefs of our management as well as assumptions
made by, and information currently available to, our management. Forward-looking statements may be accompanied by words such as
&#8220;aim,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;plan,&#8221; &#8220;could,&#8221; &#8220;should,&#8221;
&#8220;would,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;forecast,&#8221; &#8220;future,&#8221; &#8220;guidance,&#8221;
&#8220;intend,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;possible,&#8221; &#8220;potential,&#8221; &#8220;predict,&#8221;
&#8220;project&#8221; or similar words, phrases or expressions. These forward-looking statements are subject to various risks
and uncertainties, many of which are outside our control. Therefore, you should not place undue reliance on such statements. Factors
that could cause actual results to differ materially from those in the forward-looking statements include: international, national
or local economic, social or political conditions that could adversely affect us or our clients; losses on media purchases and
production costs incurred on behalf of clients; reductions in client spending, a slowdown in client payments and changes in client
advertising, marketing and corporate communications requirements; failure to manage potential conflicts of interest between or
among clients; unanticipated changes relating to competitive factors in the advertising, marketing and corporate communications
industries; ability to hire and retain key personnel; ability to attract new clients and retain existing clients in the manner
anticipated; reliance on information technology systems; changes in legislation or governmental regulations affecting us or our
clients; conditions in the credit markets; risks associated with assumptions we make in connection with our critical accounting
estimates and legal proceedings; and our international operations, which are subject to the risks of currency fluctuation and
currency repatriation restrictions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing
factors and the other risks and uncertainties that may affect our business, including those described in &#8220;Risk</FONT></P>

<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Factors&#8221;
and &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; in our Annual Report
on Form 10-K for the year ended December 31, 2014. Except as required under applicable law, we do not assume any obligation to
update these forward-looking statements.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_018"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>USE
OF PROCEEDS</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Unless
otherwise specified in an applicable prospectus supplement, Omnicom Group will use the proceeds it receives from the sale of the
offered securities for general corporate purposes, which could include working capital expenditures, fixed asset expenditures,
acquisitions, refinancing of other debt, repurchases of Omnicom Group&#8217;s common stock or other capital transactions. Pending
the application of the proceeds, we may invest proceeds in short-term investment grade obligations. The precise amounts and timing
of the application of proceeds will depend upon the funding requirements of Omnicom Group Inc. and its subsidiaries at the time
of issuance and the availability of other funds.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_019"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>RATIO
OF EARNINGS TO FIXED CHARGES</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
following table shows the ratio of earnings to fixed charges of Omnicom Group Inc. for each of the periods indicated.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE BORDER="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD NOWRAP STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Nine
    Months Ended</B>&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="9" STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><B>Year
    Ended December 31,</B></TD>
    </TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD NOWRAP STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: left; width: 15%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>September
    30, 2015</B>&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 14%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2014</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 14%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2013</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 14%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2012</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 14%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2011</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 14%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2010</B></FONT></TD>
    </TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD NOWRAP STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.57x&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.93x</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.07x&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.26x</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.32x</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.12x&nbsp;</FONT></TD>
    </TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
ratio of earnings to fixed charges is computed by dividing fixed charges into income before income taxes plus dividends from equity
method investments and fixed charges. Fixed charges consist of interest expense and that portion of net rental expense deemed
representative of interest.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0.12in; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Since
we had no preferred stock outstanding during any of the periods presented, the ratios of earnings to fixed charges and the ratios
of earnings to combined fixed charges and preferred dividends are the same.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_020"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>DESCRIPTION
OF OMNICOM GROUP INC. COMMON STOCK</B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>General</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
following briefly summarizes the material terms of Omnicom Group Inc.&#8217;s common stock. You should read the more detailed
provisions of Omnicom Group Inc.&#8217;s restated certificate of incorporation for provisions that may be important to you.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc.&#8217;s restated certificate of incorporation authorizes it to issue up to 1,000,000,000 shares of common stock,
par value $.15 per share. As of October 15, 2015, Omnicom Group Inc. had 242,255,205 shares of its common stock
outstanding.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Each
holder of common stock is entitled to one vote per share for the election of directors and for all other matters to be voted on
by Omnicom Group Inc. shareholders. Holders of common stock may not cumulate their votes in the election of directors, and are
entitled to share equally in the dividends that may be declared by the board of directors, but only after payment of dividends
required to be paid on any outstanding shares of preferred stock.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc.&#8217;s shareholders elect the full board of directors annually. An affirmative vote of the holders of a majority of
votes cast is required for Omnicom Group Inc.&#8217;s shareholders to remove a director, amend Omnicom Group Inc.&#8217;s by-laws
or its restated certificate of incorporation and to change the number of directors comprising the full board.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
board of directors also has power to amend the by-laws or change the number of directors comprising the full board.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Upon
voluntary or involuntary liquidation, dissolution or winding up of Omnicom Group Inc., the holders of the common stock share ratably
in the assets remaining after payments to creditors and provision for the preference of any preferred stock. There are currently
no preemptive or other subscription rights, conversion rights or redemption or scheduled installment payment provisions relating
to shares of common stock. All of the outstanding shares of common stock are fully paid and nonassessable.</FONT></P>

<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Transfer
Agent and Registrar</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
transfer agent and registrar for the common stock is Wells Fargo Bank, N.A.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Listing</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
common stock is listed on the New York Stock Exchange under the symbol &#8220;OMC.&#8221;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_021"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>DESCRIPTION
OF OMNICOM GROUP INC. PREFERRED STOCK</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
following briefly summarizes the material terms of Omnicom Group Inc.&#8217;s preferred stock, other than pricing and related
terms to be disclosed in a prospectus supplement. You should read the particular terms of any series of preferred stock offered
by Omnicom Group Inc. which will be described in more detail in any prospectus supplement relating to such series, together with
the more detailed provisions of Omnicom Group Inc.&#8217;s restated certificate of incorporation and the certificate of designation
relating to each particular series of preferred stock, for provisions that may be important to you. The restated certificate of
incorporation is incorporated by reference as an exhibit to the registration statement of which this prospectus forms a part.
The certificate of designation relating to the particular series of preferred stock offered by a prospectus supplement relating
to the series&#8217; issue will be filed as an exhibit to one of Omnicom Group Inc.&#8217;s future current reports and incorporated
by reference in the registration statement to which this prospectus relates. The prospectus supplement will also state whether
any of the terms summarized below do not apply to the series of preferred stock being offered.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>General</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">As
of the date of this prospectus, Omnicom Group Inc. is authorized to issue up to 7.5 million shares of preferred stock, par value
$1.00 per share, none of which is outstanding.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Under
Omnicom Group Inc.&#8217;s restated certificate of incorporation, the board of directors of Omnicom Group Inc. is authorized to
issue, without the approval of Omnicom Group Inc.&#8217;s shareholders, shares of preferred stock in one or more series, and to
establish from time to time a series of preferred stock having such powers, preferences, rights and limitations as the board of
directors so designates.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Prior
to the issuance of any series of preferred stock, the board of directors of Omnicom Group Inc. will adopt resolutions creating
and designating the series as a series of preferred stock and the resolutions will be filed with the New York State Secretary
of State as an amendment to the restated certificate of incorporation.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
resolutions of the board of directors of Omnicom Group Inc. providing for a series of preferred stock may include the following
provisions:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         title and stated value of the preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         number of shares of the preferred stock offered, the liquidation preference per share
                                         and the purchase price of the preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         dividend rate, period and/or payment date or method of calculation thereof applicable
                                         to the preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">whether
                                         dividends shall be cumulative or non-cumulative and, if cumulative, the date from which
                                         dividends on the preferred stock shall accumulate;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         provisions for a sinking fund, if any, for the preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         provisions for redemption, if applicable, of the preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         terms and conditions, if applicable, upon which the preferred stock will be convertible
                                         into or exchangeable for other types of securities, including the conversion price (or
                                         a manner of calculation thereof) and conversion period;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">voting
                                         rights, if any, of the preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">whether
                                         interests in the preferred stock will be represented by depositary shares; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         other specific terms, preferences, rights, limitations or restrictions of the preferred
                                         stock.</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
rights of holders of the preferred stock offered may be affected by the rights of holders of any shares of preferred stock that
may be issued in the future. Those effects could be adverse. Shares of preferred stock issued by Omnicom Group Inc. may have the
effect of rendering more difficult or discouraging an acquisition of Omnicom Group Inc. deemed undesirable by the board of directors
of Omnicom Group Inc.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
preferred stock will be, when issued, fully paid and nonassessable. Holders of preferred stock will not have any preemptive or
subscription rights to acquire more stock of Omnicom Group Inc.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
transfer agent, registrar, dividend disbursing agent and redemption agent for shares of each series of preferred stock will be
named in the prospectus supplement relating to such series.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Rank</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Unless
otherwise specified in the prospectus supplement relating to the shares of any series of preferred stock, the shares will rank
on an equal basis with each other series of preferred stock and prior to the common stock as to dividends and distributions of
assets.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Dividends</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Holders
of each series of preferred stock will be entitled to receive cash dividends when, as and if declared by the board of directors
of Omnicom Group Inc. out of funds legally available for dividends. The rates and dates of payment of dividends will be set forth
in the prospectus supplement relating to each series of preferred stock. Dividends will be payable to holders of record of preferred
stock as they appear on the books of Omnicom Group Inc. on the record dates fixed by the board of directors. Dividends on any
series of preferred stock may be cumulative or noncumulative.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Conversion
and Exchange</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0pt; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
prospectus supplement for any series of preferred stock will state the terms, if any, on which shares of that series are convertible
into or exchangeable for other types of securities of Omnicom Group Inc.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Redemption</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If
so specified in the applicable prospectus supplement, a series of preferred stock may be redeemable at any time, in whole or in
part, at the option of Omnicom Group Inc. or the holder thereof and may be mandatorily redeemed.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Any
partial redemptions of preferred stock will be made in a way that the board of directors decides is equitable.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Unless
Omnicom Group Inc. defaults in the payment of the redemption price, dividends will cease to accrue after the redemption date on
shares of preferred stock called for redemption and all rights of holders of such shares will terminate except for the right to
receive the redemption price.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Liquidation
Preference</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Upon
any voluntary or involuntary liquidation, dissolution or winding up of Omnicom Group Inc., holders of each series of preferred
stock will be entitled to receive distributions upon liquidation in the amount set forth in the prospectus supplement relating
to such series of preferred stock, plus an amount equal to any accrued and unpaid dividends. Those distributions will be made
before any distribution is made on any securities ranking junior relating to liquidation, including common stock.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If
the liquidation amounts payable relating to the preferred stock of any series and any other securities ranking on a parity regarding
liquidation rights are not paid in full, the holders of the preferred stock of such series and such other securities will share
in any such distribution of available assets of Omnicom Group Inc. on a ratable basis in proportion to the full liquidation preferences.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Holders
of preferred stock will not be entitled to any other amounts from Omnicom Group Inc. after they have received their full liquidation
preference.</FONT></P>

<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Voting
Rights</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
holders of shares of preferred stock will have no voting rights, except:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">as
                                         otherwise stated in the prospectus supplement;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">as
                                         otherwise stated in the certificate of designation establishing such series; or as required
                                         by applicable law.</FONT></TD>
</TR></TABLE>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_022"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>DESCRIPTION
OF DEBT SECURITIES</B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>General</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
description below of the general terms of the debt securities will be supplemented by the more specific terms of a particular
series in a prospectus supplement.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
debt securities offered by this prospectus will be joint and several unsecured obligations of Omnicom Group Inc. and Omnicom Capital
and will be either senior or subordinated debt. We will issue the debt securities under an indenture between us and Deutsche Bank
Trust Company Americas, or the Trustee. The indenture provides that our debt securities may be issued in one or more series, with
different terms, in each case as authorized from time to time by us. The indenture also gives us the ability to reopen a previous
issue of a series of debt securities and issue additional debt securities of that series or establish additional terms for that
series of debt securities. The indenture does not limit the amount of debt securities or other unsecured debt which we may issue.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Neither
the senior debt securities nor the subordinated debt securities will be secured by any of our property or assets. Thus, by owning
a debt security, you are one of our unsecured creditors.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In
addition to the following description of the debt securities, you should refer to the detailed provisions of the indenture.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If
material, federal income tax consequences and other special considerations applicable to any debt securities issued by the Issuers
at a discount will be described in the applicable prospectus supplement.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
debt securities will represent direct, unsecured, general obligations of the Issuers and:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">may
                                         rank equally with other unsubordinated debt or may be subordinated to other debt the
                                         Issuers has or may incur;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">may
                                         be issued in one or more series with the same or various maturities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">may
                                         be issued at a price of 100% of their principal amount or at a premium or discount; and
                                         may be represented by one or more global notes registered in the name of a designated
                                         depositary&#8217;s nominee, and if so, beneficial interests in the global note will be
                                         shown on and transfers will be made only through records maintained by the designated
                                         depositary and its participants.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc. is a holding company and Omnicom Capital is a finance subsidiary. As a finance subsidiary, Omnicom Capital&#8217;s
assets consist of the intercompany loans it makes or has made to Omnicom Group Inc.&#8217;s operating subsidiaries and the related
interest receivables. As a result, the debt securities issued under the indenture will effectively be subordinated to all existing
and future obligations of Omnicom Group Inc.&#8217;s operating subsidiaries, including trade payables, and to the Issuers&#8217;
respective obligations that are secured, to the extent of the security. Omnicom Capital&#8217;s obligations in respect of any
debt securities will be guaranteed by Omnicom Group Inc.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
aggregate principal amount of debt securities that the Issuers may authenticate and deliver is unlimited. You should refer to
the applicable prospectus supplement for the following terms of the debt securities of the series with respect to which that prospectus
supplement is being delivered:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         title of the debt securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">ranking
                                         of the specific series of debt securities relative to other outstanding indebtedness,
                                         including subsidiaries&#8217; debt;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">whether
                                         the debt securities will be senior or subordinated debt;</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         the debt securities are subordinated, the aggregate amount of outstanding indebtedness,
                                         as of a recent date, that is senior to the subordinated securities, and any limitation
                                         on the issuance of additional senior indebtedness;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         percentage of the principal amount at which the debt securities will be sold and, if
                                         applicable, the method of determining the price;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
limit on the aggregate principal amount of the debt securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">the
maturity date or dates;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">the
interest rate;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         manner in which the amounts of payment of principal of or interest, if any, on the securities
                                         of the series will be determined, if such amounts may be determined by reference to an
                                         index based on a currency or currencies or by reference to a commodity, commodity index,
                                         stock exchange index or financial index;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         date or dates from which any interest will accrue, or how such date or dates will be
                                         determined, and the interest payment date or dates and any related record dates;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         location where payments on the debt securities will be made;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         terms and conditions on which the debt securities may be redeemed at the option of the
                                         Issuers;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         terms and conditions on which the debt securities may be repurchased by the Issuers at
                                         the option of the holders thereof;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         obligation of the Issuers to redeem, purchase or repay the debt securities pursuant to
                                         sinking fund provisions;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         obligation of the Issuers to redeem, purchase or repay the debt securities at the option
                                         of a holder upon the happening of any event and the terms and conditions of redemption,
                                         purchase or repayment;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         other than denominations of $1,000, the denominations in which debt securities may be
                                         issued;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">whether
                                         the debt securities will be issuable as global securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         other than the principal amount, the portion of the principal amount of the debt securities
                                         payable if the maturity is accelerated;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         provisions relating to any security provided for the debt securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         events of default not described in &#8220;Events of Default&#8221; below;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         terms and conditions on which the debt securities may be exchanged or converted into
                                         common stock or preferred stock of Omnicom Group Inc.;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         form and terms of any guarantee of or security for the debt securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         depositaries, interest rate calculation agents or other agents;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         material provisions of the indenture described in this prospectus that do not apply to
                                         the debt securities; and any other terms of the debt securities not inconsistent with
                                         the provisions of the applicable indenture.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
terms on which a series of debt securities may be convertible into or exchangeable for common stock or preferred stock of Omnicom
Group Inc. will be set forth in the prospectus supplement relating to such series. Such terms will include provisions as to whether
conversion or exchange is mandatory, at the option of the holder or at the option of the Issuers. The terms may include provisions
pursuant to which the number of shares of common stock or other securities of Omnicom Group Inc. to be received by the holders
of such series of debt securities may be adjusted.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
debt securities will be issued only in registered form. Debt securities of a series will either be global securities registered
in book-entry form, or a physical (paper) certificate issued in definitive, or certificated, registered form. Procedures relating
to global securities are described below under &#8220;Book-Entry Procedures and Settlement.&#8221; Unless otherwise provided in
the applicable prospectus supplement, debt securities denominated in United States dollars will be</FONT></P>

<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">issued
only in denominations of $1,000 and whole multiples of $1,000. The prospectus supplement relating to offered securities denominated
in a foreign or composite currency will specify the denomination of the offered securities.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Debt
securities represented by a paper certificate may be presented for exchange or transfer at the office of the Registrar. Holders
will not have to pay any service charge for any registration of transfer or exchange of their certificates, but the Issuers may
require payment of a sum sufficient to cover any tax or other governmental charge payable in connection with such registration
of transfer.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Payment
and Paying Agents</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Distributions
on the debt securities other than those represented by global notes will be made in the designated currency against surrender
of the debt securities at the principal office of the paying agent. Payment will be made to the registered holder at the close
of business on the record date for such payment.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Interest
payments will be made at the principal corporate trust office of the trustee in New York City, or by a check mailed to the holder
at his registered address. Payments in any other manner will be specified in the prospectus supplement.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Book-Entry
Procedures and Settlement</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
debt securities will be issued in book-entry form only and represented by one or more global securities registered in the name
of, and deposited with a custodian for, The Depository Trust Company, or DTC, or its nominee. DTC or its nominee will be the sole
registered holder of the debt securities for all purposes under the indenture. Owners of beneficial interests in the debt securities
represented by the global securities will hold their interests pursuant to the procedures and practices of DTC. As a result, beneficial
interests in these securities will be shown on, and may only be transferred through, records maintained by DTC and its direct
and indirect participants and any such interest may not be exchanged for certificated securities, except in limited circumstances.
Owners of beneficial interests must exercise any rights in respect of their interests, in accordance with the procedures and practices
of DTC. Beneficial owners will not be holders and will not be entitled to any rights provided to the holders of debt securities
under the global securities or the indenture.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
Issuers and the trustee, and any of their respective agents, may treat DTC as the sole holder and registered owner of the global
securities under the terms of the indenture.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Optional
Redemption</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Unless
an applicable prospectus supplement specifies otherwise, the debt securities will not be redeemable. In the event the debt securities
are redeemable, the debt securities will be redeemable, as a whole or in part, at the Issuers&#8217; option, at any time or from
time to time, upon mailed notice to the registered address of each holder of debt securities at least 30 days but not more than
60 days prior to the redemption. The redemption price will be equal to the greater of (1)100% of the principal amount of the debt
securities to be redeemed and (2) the sum of the present values of the Remaining Scheduled Payments (as defined below) on such
debt securities discounted to the date of redemption, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day
months), at a rate equal to the sum of the applicable Treasury Rate (as defined below) plus a make whole spread, which will be
specified in the applicable prospectus supplement, plus accrued and unpaid interest thereon to the redemption date.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8220;Treasury
Rate&#8221; means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
(computed as of the third business day immediately preceding that redemption date) of the Comparable Treasury Issue (as defined
below), assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable
Treasury Price for that redemption date.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8220;Comparable
Treasury Issue&#8221; means the United States Treasury security selected by the Reference Treasury Dealer (as defined below) as
having a maturity comparable to the remaining term of the debt securities, that would be utilized, at the time of selection and
in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to
the remaining term of the debt securities.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8220;Comparable
Treasury Price&#8221; means, with respect to any redemption date, the Reference Treasury Dealer Quotations (as defined below)
for that redemption date.</FONT></P>

<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8220;Reference
Treasury Dealer&#8221; means each of any three primary U.S. Government securities dealer selected by us, and their respective
successors.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8220;Reference
Treasury Dealer Quotations&#8221; means, with respect to the Reference Treasury Dealer and any redemption date, the average, as
determined by the Issuers, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage
of its principal amount) quoted in writing to the Issuers by the Reference Treasury Dealer at 3:30 p.m., New York City time, on
the third business day preceding that redemption date.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8220;Remaining
Scheduled Payments&#8221; means the remaining scheduled payments of principal of and interest on the debt securities that would
be due after the related redemption date but for that redemption. If that redemption date is not an interest payment date with
respect to the debt securities, the amount of the next succeeding scheduled interest payment on the debt securities will be reduced
by the amount of interest accrued on the debt securities to such redemption date.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">On
and after the redemption date, interest will cease to accrue on the debt securities or any portion of the debt securities called
for redemption (unless we default in the payment of the redemption price and accrued interest).</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Consolidation,
Merger or Sale</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
Issuers may not consolidate with or merge into, or convey, transfer or lease their respective properties and assets as an entirety
or substantially as an entirety to, any person, referred to as a &#8220;successor person,&#8221; except in the case of Omnicom
Capital with, into or to Omnicom Group Inc., or any other subsidiary of Omnicom Group Inc., unless:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">either
                                         (a) an Issuer is the continuing person or (b) the resulting, surviving or transferee
                                         person is an entity organized under the laws of the United States;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         successor person expressly assumes the respective Issuer&#8217;s obligations with respect
                                         to the debt securities and the indenture;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">immediately
                                         after giving effect to the transaction, no event of default, and no event which, after
                                         notice or lapse of time or both, would become an event of default, shall have occurred
                                         and be continuing; and the respective Issuer or the successor person has delivered to
                                         the trustee the certificates and opinions required under the indenture.</FONT></TD>
</TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Modification
of the Indenture</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Under
the indenture, the Issuers and the trustee may enter into supplemental indentures without obtaining the consent of any holder
of debt securities:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         cure any ambiguity, defect or inconsistency;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         comply with the indenture&#8217;s provisions regarding successor corporations;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         comply with any requirements of the SEC in connection with the qualification of the indenture
                                         under the Trust Indenture Act;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         provide for global securities in addition to or in place of certificated debt securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         add to, change or eliminate any of the provisions of the indenture with respect to any
                                         series of debt securities; although no such addition, change or elimination may apply
                                         to any series of debt security created prior to the execution of such amendment and entitled
                                         to the benefit of such provision, nor may any such amendment modify the rights of a holder
                                         of any such debt security with respect to such provision, unless the amendment becomes
                                         effective only when there is no outstanding debt security of any series created prior
                                         to such amendment and entitled to the benefit of such provision;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">in
                                         the case of subordinated debt securities, to make any change in the provisions of the
                                         indenture relating to subordination that would limit or terminate the benefits available
                                         to any holder of senior indebtedness under such provisions (but only if each such holder
                                         of senior indebtedness consents to such change);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         make any change that does not materially adversely affect in any material respect the
                                         legal rights of any holder; or to establish additional series of debt securities as permitted
                                         by the indenture.</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
Issuers and the trustee may, with the consent of the holders of at least a majority in aggregate principal amount of the debt
securities of a series, modify the indenture or the rights of the holders of the securities of the series to be affected. No modifications
may, without the consent of the holder of each security affected, be made that, as to any non-consenting holders:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">reduce
the percentage of securities whose holders need to consent to the modification;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">reduce
the rate or change the time of payment of interest on the securities;</TD>
</TR></TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">reduce
the principal amount of or the premium, if any, on the securities;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">change
the fixed maturity of any of the securities;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">reduce
the amount of, or postpone the date fixed for, the payment of any sinking fund;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">reduce
                                         the principal amount payable upon acceleration of the maturity of any securities issued
                                         originally at a discount;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">in
                                         the case of any subordinated debt security or coupons appertaining thereto, make any
                                         change in the provisions of the indenture relating to subordination that adversely affects
                                         the rights of any holder under such provisions;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">waive
                                         a default in the payment of the principal amount of, the premium, if any, or any interest
                                         on the securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">change
                                         the currency in which any of the securities are payable;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">impair
                                         the right to sue for the enforcement of any payment on or after the maturity of the securities;
                                         or waive a redemption payment with respect to the securities.</FONT></TD>
</TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Events
of Default</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
indenture provides that events of default regarding any series of debt securities will be:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">failure
                                         to pay required interest on any debt security of such series for 30 days;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">failure
                                         to pay principal, other than a scheduled installment payment, or premium, if any, on
                                         any debt security of the series when due;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">failure
                                         to make any required deposit of any sinking fund payment when due;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">failure
                                         to perform for 60 days after notice any other covenant in the applicable indenture (other
                                         than a covenant included in the applicable indenture solely for the benefit of a series
                                         of debt securities other than such series);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(A)
                                         the Issuers&#8217; failure to make any payment by the end of any applicable grace period
                                         after maturity of their respective indebtedness, which term as used in the applicable
                                         indenture means obligations (other than nonrecourse obligations) of the Issuers for borrowed
                                         money or evidenced by bonds, debentures, notes or similar instruments in an amount (taken
                                         together with amounts in (B)) in excess of $100 million and continuance of such failure,
                                         or (B) the acceleration of their respective indebtedness in an amount (taken together
                                         with the amounts in (A)) in excess of $100 million because of a default with respect
                                         to such indebtedness without such indebtedness having been discharged or such acceleration
                                         having been cured, waived, rescinded or annulled in case of (A) or (B) above, for a period
                                         of 30 days after written notice to the Issuers by the trustee or to the Issuers and the
                                         trustee by the holders of not less than 25% in aggregate principal amount of the notes
                                         then outstanding; however, if any such failure or acceleration referred to in (A) or
                                         (B) above shall cease or be cured or be waived, rescinded or annulled in accordance with
                                         the terms of the applicable debt security, then the event of default by reason thereof
                                         shall be deemed not to have occurred;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">certain
                                         events of bankruptcy or insolvency, whether voluntary or not; or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         other event of default described in the prospectus supplement of such series of debt
                                         securities.</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If
an event of default (other than the bankruptcy provision) regarding debt securities of any series issued under the indenture should
occur and be continuing, either the trustee or the holders of 25% in the principal amount of outstanding debt securities of such
series may declare each debt security of that series due and payable. If a bankruptcy event occurs, the principal of and accrued
and unpaid interest on the debt securities of such series shall immediately become due and payable without any declaration or
other act on the part of the trustee or the holders of the debt securities of such series. The holders of a majority in principal
amount of debt securities of such series may rescind any other declaration or acceleration and its consequences if the rescission
would not conflict with any judgment or decree and if all existing events of default have been cured or waived (other than nonpayment
of principal or interest that has become due solely as a result of acceleration). The Issuers are required to file annually with
the trustee a statement of an officer as to the fulfillment by the Issuers of their respective obligations under the applicable
indenture during the preceding year.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Holders
of a majority in principal amount of the outstanding debt securities of any series will be entitled to control certain actions
of the trustee under the applicable indenture. Holders of a majority in principal amount of the outstanding debt securities of
any series also will be entitled to waive past defaults regarding the series, except for a default in payment of principal, premium
or interest or a default in a covenant or provision which may not be modified or amended without the consent of each holder of
a debt security of the affected series. The trustee generally may not be ordered or directed by any of the holders of debt securities
to take any action, unless one or more of the holders shall have offered to the trustee security or indemnity satisfactory to
it.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If
an event of default occurs and is continuing regarding a series of debt securities, the trustee may use any sums that it holds
under the applicable indenture for its own reasonable compensation and expenses incurred prior to paying the holders of debt securities
of such series.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Before
any holder of any series of debt securities may institute action for any remedy, except payment on the holder&#8217;s debt security
when due, the holders of not less than 25% in principal amount of the debt securities of that series outstanding must request
the trustee to take action. Holders must also offer and give the Trustee security and indemnity satisfactory to it against liabilities
incurred by the trustee for taking such action.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Defeasance</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
indenture provides that the Issuers may specify with respect to any series of debt securities that after the Issuers have deposited
with the trustee, cash or government securities, in trust for the benefit of the holders sufficient to pay the principal of, premium,
if any, and interest on and any mandatory sinking fund payments in respect of the debt securities of such series when due, then
the Issuers:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">will
                                         be deemed to have paid and satisfied its obligations on all outstanding debt securities
                                         of such series, which is known as &#8220;defeasance and discharge&#8221;; or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">will
                                         cease to be under any obligation, other than to pay when due the principal of, premium,
                                         if any, and interest on and any mandatory sinking fund payments in respect of such debt
                                         securities, relating to the debt securities of such series, which is known as &#8220;covenant
                                         defeasance.&#8221;</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In
each case, the Issuers must also deliver to the trustee an opinion of counsel to the effect that the holders of the debt securities
of such series will have no federal income tax consequences as a result of such deposit.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In
addition, the indenture provides that if we choose to have the defeasance and discharge provision applied to the subordinated
debt securities, the subordination provisions of the indenture will become ineffective upon full defeasance of the subordinated
debt securities.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">When
there is a defeasance and discharge, (1) the indenture will no longer govern the debt securities of such series, (2) the Issuers
will no longer be liable for payment, and (3) the holders of the debt securities will be entitled only to the deposited funds.
When there is a covenant defeasance, however, the Issuers will continue to be obligated to make payments when due if the deposited
funds are not sufficient.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Subordination</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Debt
securities of a series, and any guarantees, may be subordinated, which we refer to as subordinated debt securities, to senior
indebtedness (as defined in the applicable prospectus supplement) to the extent set forth in the</FONT></P>

<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">prospectus
supplement relating thereto. To the extent we conduct operations through subsidiaries, the holders of debt securities (whether
or not subordinated debt securities) will be structurally subordinated to the creditors of our subsidiaries except to the extent
such subsidiary is a guarantor of such series of debt securities.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Further
Issues</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
Issuers may from time to time, without notice to or the consent of the registered holders of a series of debt securities, create
and issue further debt securities of any such series ranking equally with the debt securities of the corresponding series in all
respects (or in all respects other than the payment of interest accruing prior to the issue date of such further debt securities
or except for the first payment of interest following the issue date of such further debt securities). Such further debt securities
may be consolidated and form a single series with the debt securities of the corresponding series and have the same terms as to
status, redemption or otherwise as the debt securities of the corresponding series.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Concerning
the Trustee</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
trustee may engage in transactions with, or perform services for, the Issuers and affiliates of the Issuers in the ordinary course
of business. The trustee will perform only those duties that are specifically set forth in the indenture unless an event of default
under the indenture occurs and is continuing. In case an event of default occurs and is continuing, the trustee will exercise
the same degree of care and skill as a prudent individual would exercise in the conduct of his or her own affairs.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Applicable
Law</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
debt securities and the indenture will be governed by, and construed in accordance, with the laws of the State of New York.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_023"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>DESCRIPTION
OF OMNICOM GROUP INC. SUBSCRIPTION RIGHTS</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
following briefly summarizes the material terms and provisions of the subscription rights that Omnicom Group Inc. may offer pursuant
to this prospectus, other than pricing and related terms which will be disclosed in a prospectus supplement. You should read the
particular terms of the subscription rights that are offered by Omnicom Group Inc., which will be described in more detail in
a prospectus supplement. The prospectus supplement will also state whether any of the general provisions summarized below do not
apply to the subscription rights being offered.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>General</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Omnicom
Group Inc. may issue subscription rights to purchase common stock, preferred stock, or warrants to purchase preferred stock or
common stock. Subscription rights may be issued independently or together with any other offered security and may or may not be
transferable by the person purchasing or receiving the subscription rights. In connection with any subscription rights offering
to our stockholders, we may enter into a standby underwriting arrangement with one or more underwriters pursuant to which such
underwriters will purchase any offered securities remaining unsubscribed for after such subscription rights offering. In connection
with a subscription rights offering to our stockholders, we will distribute certificates evidencing the subscription rights and
a prospectus supplement to our stockholders on the record date that we set for receiving subscription rights in such subscription
rights offering.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
applicable prospectus supplement will describe the following terms of subscription rights in respect of which this prospectus
is being delivered:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         title of such subscription rights;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         securities for which such subscription rights are exercisable;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         exercise price for such subscription rights;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         number of such subscription rights issued to each stockholder;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         extent to which such subscription rights are transferable;</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         applicable, a discussion of the material United States federal income tax considerations
                                         applicable to the issuance or exercise of such subscription rights;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         date on which the right to exercise such subscription rights shall commence, and the
                                         date on which such rights shall expire (subject to any extension);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         extent to which such subscription rights include an over-subscription privilege with
                                         respect to unsubscribed securities;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         applicable, the material terms of any standby underwriting or other purchase arrangement
                                         that we may enter into in connection with the subscription rights offering; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         other terms of such subscription rights, including terms, procedures and limitations
                                         relating to the exchange and exercise of such subscription rights.</FONT></TD>
</TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Exercise
of Subscription Rights</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Each
subscription right will entitle the holder of the subscription right to purchase for cash such amount of shares of preferred stock,
common stock, warrants or any combination thereof, at such exercise price as shall in each case be set forth in, or be determinable
as set forth in, the prospectus supplement relating to the subscription rights offered thereby. Subscription rights may be exercised
at any time up to the close of business on the expiration date for such subscription rights set forth in the prospectus supplement.
After the close of business on the expiration date, all unexercised subscription rights will become void.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Subscription
rights may be exercised as set forth in the prospectus supplement relating to the subscription rights offered thereby. Upon receipt
of payment and the subscription rights certificate properly completed and duly executed at the corporate trust office of the subscription
rights agent or any other office indicated in the prospectus supplement, we will forward, as soon as practicable, the shares of
preferred stock or common stock, depositary shares or warrants purchasable upon such exercise. We may determine to offer any unsubscribed
offered securities directly to persons other than stockholders, to or through agents, underwriters or dealers or through a combination
of such methods, including pursuant to standby underwriting arrangements, as set forth in the applicable prospectus supplement.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_024"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>DESCRIPTION
OF OMNICOM GROUP INC. WARRANTS</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
following briefly summarizes the material terms and provisions of the warrants to purchase common stock or preferred stock that
Omnicom Group Inc. may offer pursuant to this prospectus, other than pricing and related terms which will be disclosed in a prospectus
supplement. You should read the particular terms of the warrants that are offered by Omnicom Group Inc., which will be described
in more detail in a prospectus supplement. The prospectus supplement will also state whether any of the general provisions summarized
below do not apply to the warrants being offered. A copy of each form of warrant agreement, including the form of certificate
that will represent a particular warrant, will be filed as an exhibit to one of Omnicom Group Inc.&#8217;s future SEC reports
and incorporated by reference in the registration statement to which this prospectus relates. You should read the more detailed
provisions of the specific warrant agreement and the warrant certificate for provisions that may be important to you.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Warrants
may be issued independently or together with common stock, preferred stock or debt securities, as applicable, and will be separate
from any such offered securities. Each series of warrants will be issued under a separate warrant agreement to be entered into
between Omnicom Group Inc. and a bank or trust company, as warrant agent. A single bank or trust company may act as warrant agent
for more than one series of warrants. The warrant agent will act solely as the agent of Omnicom Group Inc. under the applicable
warrant agreement and will not assume any obligation or relationship of agency or trust for or with any owners of such warrants.</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
applicable prospectus supplement will describe the terms of common stock warrants or preferred stock warrants offered, the stock
warrant agreement relating to the common stock warrants or preferred stock warrants, and the common stock warrant certificates
or the preferred stock warrant certificates representing the common stock warrants or preferred stock warrants, as applicable,
including the following:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         title of the warrants;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         securities for which the warrants are exercisable;</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A NAME="page_17"></A></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         price or prices at which the warrants will be issued;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         number of warrants issued with each share of common stock or preferred stock;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         provisions for adjustment of the number or amount of shares of common stock or preferred
                                         stock receivable upon exercise of the warrants or the exercise price of the warrants;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         applicable, the date on and after which the warrants and the related common stock or
                                         preferred stock will be separately transferable;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         date on which the right to exercise the warrants shall commence, and the date on which
                                         the right shall expire;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         maximum or minimum number of warrants which may be exercised at any time;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 22pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 22pt; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         applicable, a discussion of the material United States federal income tax considerations
                                         applicable to the exercise of the warrants; and any other terms of the warrants, including
                                         terms, procedures and limitations relating to the exchange and exercise of the warrants.</FONT></TD>
</TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Exercise
Of Warrants</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Each
warrant entitles the holder to purchase for cash the principal amount of debt securities or shares of common stock or preferred
stock at the exercise price set forth in the prospectus supplement relating to the offered warrants.</FONT></P>

<P STYLE="text-align: left; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
prospectus supplement for the offered warrants will describe the procedures for exercising the warrants and will set forth the
expiration date of the warrants. Upon exercise of the warrants, Omnicom Group Inc. will forward the shares of common stock or
preferred stock purchased. If less than all of the warrants represented by the warrant certificate are exercised, a new warrant
certificate will be issued for the remaining warrants. Warrants may be exercised at any time up to the close of business on the
expiration date set forth in the prospectus supplement for the offered warrants. After the close of business on the expiration
date, unexercised warrants will become void.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_025"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>PLAN
OF DISTRIBUTION</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We
may sell the offered securities (a) through agents; (b) through underwriters or dealers; (c) directly to one or more purchasers;
or (d) through a combination of any of these methods of sale. We will identify the specific plan of distribution, including any
underwriters, dealers, agents or direct purchasers and their compensation in a prospectus supplement.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_026"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>VALIDITY
OF SECURITIES</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 12pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In
connection with particular offerings of the securities in the future, and if stated in the applicable prospectus supplements,
the validity of those securities may be passed upon for us by Jones Day, New York, New York and/or Gilbride, Tusa, Last &amp;
Spellane LLC, Greenwich, Connecticut, and for any underwriters or agents by counsel named in the applicable prospectus supplement.
Certain legal matters in connection with the securities and any offering of those securities will be passed upon for us by our
general counsel, Michael O&#8217;Brien, Esq. Mr. O&#8217;Brien is an officer of Omnicom Group Inc. and has received, and may in
the future receive, awards of restricted stock and other benefits determined by reference to Omnicom Group Inc. securities. Mr.
O&#8217;Brien beneficially owns or has rights to acquire a total of less than 1% of Omnicom Group Inc.&#8217;s outstanding common
stock.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><A NAME="a_027"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>EXPERTS</B></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
consolidated financial statements and financial statement schedule of Omnicom Group Inc. and subsidiaries as of December 31, 2014
and 2013, and for each of the years in the three-year period ended December 31, 2014, and the effectiveness of our internal control
over financial reporting as of December 31, 2014, are incorporated by reference herein in reliance upon the reports of KPMG LLP,
independent registered public accounting firm, incorporated by reference herein, and upon the authority of said firm as experts
in accounting and auditing.</FONT></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 3pt; border-bottom: black 4pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><TABLE style="WIDTH: 100%; FONT-SIZE: 10pt" cellSpacing=0 cellPadding=0><TR><TD style="TEXT-ALIGN: center; WIDTH: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT=""></FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 50; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-top: 6pt; padding-bottom: 6pt; border-bottom: Black 4px solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>a60979x1x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 a60979x1x1.jpg
M_]C_X  02D9)1@ ! 0$ 9 !D  #_[@ .061O8F4 9      !_]L 0P ! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$!_]L 0P$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!_\  $0@
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M$ ]5HJ.*:*>))X)$FAD19(Y8F5XY(W4,CHZDJZ.I#(RDJRD,I((-/# @D$$
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M6)/Y_O\ @OC_ ,$D/C__ ,%*XOV?/%W[/7C+P/9>*/@Q'XZT/5_!'Q$UC5-
MT?5]&\=S>%[PZ_H&M:?I6MPVFLZ9=^%X+75=/O[""'5]-N;2X@U2WN=$CT_5
M/T%_X)(?L2^,O^"?O[$'PV_9V^(?C.R\:>.M-U7Q;XP\67.AW>J7?A30]:\:
M:U+J\_AGPD^K>5.=%T:-HHY;F.PTJ#5]<FUG7ETRUEU68. ?I?15'4M4TW1[
M*ZU+5K^STS3K&%[B]O\ 4+F&SLK2"-=TD]U=7#QP00QK\SRRR(B*"S, ":\O
M\%?M!? 7XDZJ="^'7QM^$GC[6U0R-H_@KXC^#_%6J+&L4\[.VGZ%K-_=JBPV
MUS,6,(416\\A.R*0J >O44TLH&XD!?7M]<^GOTKR'Q;^T+\ O &M#PWX[^.'
MP@\$^(FV;=!\7?$KP9X;UIO,8)&%TO6=:LKYB[,JH! =[,H7)(R >P454L;^
MQU.TM;_3KRVO[&^MH;RRO;.>.YM+RSN8TFM[JUN86>&XMIX9(Y89XG>*6)TD
MC9D92;6X;MN?FP3CV&,G\,C\Z %HKG_$WBSPMX*T:_\ $?C'Q)H/A/P]I4#7
M.IZ]XEU?3]"T73K=%+//?ZKJEQ:V%I"B@LTMQ<1HJ@DL ":P? GQ6^%WQ1L[
MO4?AE\2/ ?Q%T^PF2VOK_P ">+_#_B^RLKB59&B@N[KP_J&HP6TTBQ2E(II$
M=Q'(54[&P =]17EOCWXY?!7X57EAI_Q0^+_PO^&]_JMM+>:79>/O'WA3P==Z
ME:0R"&:ZT^W\1:MITUY;Q3$1236R21I(0C,&.*]'L;^RU.TM=0TZ[MK^POK:
M"\LKVRGCNK.\M+F))[:ZM;F%GAN+:XADCF@GA=XIHG22-F1E8@%NN6\8>.?!
M7P]T2X\2^/O%WAGP1X<M'BCN_$'B[7=+\-Z):R3OL@CN-5UBZL["%YG^6))+
MA6D8$("0<?FQ_P %<O\ @I5X3_X)H?LPWOQ)%MIWB3XS^/;VZ\&_ KP%J#R_
M9-<\6K9BZU'Q'X@BM;BVOAX,\$6$T.J^('M)89+^]N=!\,17NF7?B2UU.S_(
MW]C?_@C'XX_;]TWP_P#MM_\ !8GXI?%'XT^-?BM81>,? _[-\7BS7_!'@?X>
M>"O$%O#>Z#8ZU!X8O='U/PK<WFG3QW\'@3X>7/@^R\.QS1OXAU+7?$-]JUII
M@!_0EX:_;T_89\::TOAKP=^V=^RCXL\1NP1?#_AG]HGX0Z]KC.UW!8*BZ3I?
MC"ZU L;ZZM;(*+?)N[FWM@/.FC1OJ\$, 000>A%?CGXN_P"" W_!)GQ=H%YH
M;_LD^'_#<ERC>1KWA#QS\4O#^OZ=<>5)'%=V5[:^-S%))"9#*+74;:_TR>18
MS>6%TJ!:^G/V /V#/"W_  3X^&'BOX/^!?C#\9_BIX$U/QM?>(_!.E?%[Q6?
M$2?"_P +S6-C;6/@'P=:6T-EH^F:-:7D.HZK=3Z7I.E'5M0U66XO+0S0K+(!
M_7]:]/Z9]XT5#)<00H\DTT<4<:N\DDCA$C2-=SO([$+&B*"SNY"JH+$@ D<E
MX,^(_P //B/;ZC>?#WQYX-\=VFD7TFEZM=>#?$^B>)[;3-3B+"73M0GT2^OH
MK*_B*,)+.Y>.XC*L'C&#0!V=%<SXL\:^#O 6C77B/QUXK\-^"_#UD ;S7O%F
MN:9X=T6T!5W'VG5=7NK.Q@RD<C#S9U^5';HI(R/ OQ5^%_Q1L;O4_AE\1_ ?
MQ%TVPGCMK[4/ GB[0/%]C97,HD:*WN[OP]J&HV]M-(L4ICBFD1W$4A52$; !
MWM%(6"C).!ZFEH **"0 23@#DD] /4TW>N <\$X'7DXSC\J '45R/C3X@> _
MAOHC^)OB)XU\)^ O#<5Q;V<GB#QIXBTCPMHD=W=EEM;5]6UR\L;!;FY9'%O
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MLUGBTW2M \+>,_\ A9NO)>W,4T=S96GB?Q,=-\%6$EO.MZE[XELC!+$8WNH
M#]U?^#PC_G'?[_\ #6N??'_#,V,^N,G'IDXZFOGO_@G?_P $'_B'_P %)?V*
M/AM\>/VBOVKOB3X-\/IX;\7>$/V3_AGI^C0^(] ^'W@_1?%&MZ;/KFHV&NZK
M;P6>B^*?&ECJ^IR>&/"]CX?O-6L+>T\37GBS4+C7;>#3?H3_ (/"/^<=_P#W
M=M_[[+7[Y_\ !"[G_@DU^Q7G_HG&O_\ JQ_&M '^>)\(9/VWOV*_VT_'7[+/
M[/'Q8\5_"G]H+Q!\3M:_8]UV\\ ZQJ6FZ=XKU?7O&,GPUMUM)9--DO'L+S6+
MN#6_!/BNTTB+Q/H,EQIGBOPE/I6NQ65W%^X'_!1O_@W$NOV6_P!C#QU^UEHO
M[37C?XU_&;X:6EGXU^->G^)_#,,.D^,M-U/6;.R\4Z[X6OQJFJ>)=/O?#2:F
M=?U*Z\4ZKK[:[I6EZK>22Z-=R0VE?$7Q3&/^#E72P.G_  ]D^#@Q[?\ #1?@
M?BO[G_\ @K\ ?^"8/[<^>W[./Q$(^O\ 9+_XT ?@]_P:?_M8?%;XD?#[]HO]
ME[Q_XGUGQ5X,^"4'P\\8?",:Q=R:A)X.T?QE=>+-,\4^$+&[NI)+J#PZNH:)
MHNK>']&A/V#2KN]\220) -06.OY^O^#B3_E,7^V !T'_  S_ ('0#/[+GP3)
M]ADDD^Y)[U^LG_!H7_R5[]MC_LF_P=_]2?QO7Y-_\'$O_*8S]L'_ +M^_P#6
M6_@E0!^ZLW_!L-\2OVB_A#=?&G]I?]M/XCZ[^VU\1/#$7BG5CXLTS_A*O!/A
MWQ9?Z8M[8^!_%FMZKJ6H>,M7M-%G>+0=1UW1)]/L]'1)FT'PGJ%EI]I:7_Y3
M?\&\'[27QA_9F_X*:>$_V8[G6==@^'GQOUCQY\+_ (I_#[[9-+I$'C?PIX6\
M2:GX<\40:5-<16,7B'0_$WA:WT&XUF-5O5\+:IKEI']J#P6K?Z0X  P  /2O
M\T+_ ()Z?\K#WA'_ +/6_:,_]'_%R@#]9O\ @\(_YQW^_P#PUKGWQ_PS-C/K
MC)QZ9..IK];O^"&'Q*\+_!K_ ((2_ /XO>.+F:S\&?"[P+^U=\1/%UY;QI-<
MVOACP1^T'\?O$NO7-O#++!'--;Z3I5U)#%)/"CLBHTL:Y8?DC_P>$?\ ..__
M +NV_P#?9:^O/V'?!OB?X@_\&L&I^#O!ME-J7B;6_P!F[]MB'2=.MG9+K4I;
M7X[?M :A/IMH$&9KS4;2TN+*TM252[N;B*UD>..9W4 _G2\5?&?]N/\ X.%_
MVZ]+^#&E^-I_"'@#5M1\0ZYX0^'6H:W<P_"_X(_"70[N.\OO$>N:1I262^-O
M%]G9/IMK>:Y+83:[XH\1SZ5I=M<:)H*6:Z-^\?A?_@TV^#O@[Q!\(/%6G_M=
M_$[4]3\%^.O!7B/XB65SX$TC1;+QKH>A>(](U+7M+\%7^@>*+;7OACK&H:3:
MZE;:/KUQJWCB72=0N+.Z6)OL[O)^1/\ P:S_ !@\ _#7_@HKXH\&^,FL=/UW
MXV_ #Q?\/OAYJUXZ12S>*]+\5^"?B!/X6ADEV1QKX@\/>#]:O8P9#+=:KX>T
MG3K>&:XOHO+_ -%O<O!R,$X!R,$XSC\J /Y'O^#E#_@JS\5_V:9/!_[$O[-_
MBG5OA_XT^(7@>/Q]\8/B7X=O)-.\3Z)X'U?4M5T/PUX(\(ZU9RK?>'M6\17&
MAZSJGB;6+%K'6[+0XM"L]*OD@U_4V7P?_@GG_P &TGP8_:(_9"\%?'[]K/XJ
M_&:U^,'[07A"#XF^&[+P#K'AW3M+\"Z!XTABU[P9J'B >*O"GB#5O&/BW6-'
MN+'7_$HOKS2+*T.N7?AV*TEU'3$\57'YM_\ !T3X!\2>%?\ @IY>^*]6BN6T
M/XG_  ,^%?B7PK=,C&T-GH<.L^!=3L(9Q++&;JUUGPK>WEU:D6]Q!%JEE<2V
MP@OK6ZO/[Q_V!O%^@^/?V'OV0O%GAJ\2^T?6?V:?@G-;2JT9DCE@^'7AVRO;
M*Z$;R)#?Z=?V]SIVH6_F.;6^M;FV9B\+4 ?P4?LF_MF?M-?\$)/^"@_C?]D_
MXI^-M8\:_L^>#_B7!X(^+/@.]N=5D\-7'@KQ%-I^O>'_ (U_#3P[=:C>P^"_
M%-]X3U_2O'0M+&01^(M+U&3P[XE>_NHM)U72/V__ .#MF>"Z_8__ &6;FVFB
MN+>X_:*O)H)X766*:&3X8>*GCEBD0E)(Y$8.CJ2K*P9200:_G7_X+]^(])^+
M_P#P6"_:.TKX9Z;;:_J%KJGPA^%N?#"C4K[Q7\0-"^%_@3PUK&GM!:6<5Q/X
MATGQ-YOP^FLF:^NA=^&H[5)]@AL[7]^_^#IS1+WPS^P-^Q-X;U(1#4?#WQ?T
MG0[_ .SR&6 WNE?!G7K&Z,$C)&9(3/!(8W*(63#%5)P /Z_K8_-/_@D7_P $
M;/'G_!4/]E!_%_QT_:?^)GPX_9T^&OCGQEX0^ _PI\+6UKK>GMXND2VUSQK\
M038:OJ8T#2K$ZSXBDT>18M%E\2^(KFVU6&37-#TK2].35?R*^)>D?M1_\$B_
MV[_BQ\+?A'\7O$GA/XP?!SQ)J'@C3_'O@RR?26\;>$?%NB66J>&M1O/"&J?V
MW82VWB_PAXAT+7D\.:HOB*VTC5+NTETW4+^]TO3=;;^ZC_@VB _X=-_",XY_
MX61\;1^'_"QM8K^3;_@N" /^"]'QM X'_"Q_V1^/^Z!?L_4 ?I!^TY_P;2^.
M]!_8X^)O[5/Q _:O\>_%#]L7PK\,M>^-GQ/T/Q1IJ^)?#OBO4?#7AI_%'BOP
M19^+[W7]9\8:QXET_2M-O](T?QI?ZEJ%IXIU;3['=H.A:?J2R:;=_P"#3?\
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M.S"1_P $Z/@L0<$?MK?#D@CJ#_PHO]H[FOH[_@Y< '_!)KXN   #XD?!+ '
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M1=3ND3)BLYFPI^M** /YNO\ @A/_ ,$?/VF/^"8?CS]H?Q/\>_&_P,\7:?\
M%KPCX"T+PY%\(?$OC_7[NRO/"VL>(M0U"36X_&?PR\ 16UO-!J]LMF]A/J4L
MDL<ZSPVZK&\OYU?\%;/^""/[>'[:O_!0?]H#]IGX--\%4^&WQ+_X53_PC:^+
MOB'J&A^(1_PAOP2^&_P_UC^T-+@\*:G%:YU[PKJAM-M[-Y]B;:Y;RFF:&/\
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M O/!^KZ1>Z/K\>I7\;QWU]K'B2/4M4U#Q!KT\[:MK&MZGJ.LWUW-J-Y/</\
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$% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 9 !D  #_[@ .061O8F4 9      !_]L 0P ! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$!_]L 0P$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!_\  $0@
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MM:3>VVI:3K&DZE;1WFFZIIFHV,L]GJ&FZA9S0W=C?6<\UM=VLT5Q;RR12(Y
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M>&O"WQFT#X?Z_P"(=<N;FWD:VT/1M.OM7N+,PZE#9/IUS;W<OZF5^3/[4/\
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MX^)'@V#XPZCX52"\NG\36'PREUI/&MWX>2WT[4)WUJWT233$BL+V1KH):SE
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MXP?L]>)/MFFC6O#]Z98=+0_$SX.Z[JVEF5)Y8/#?B>[U70M7$.K^'=4LH/\
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M4'';)_X:VR?QP,_05Y5_P?"?\EP_X)__ /9*_CK_ .I;\/* /Z6=6^-'C/\
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M+H6EZ_%H'B:6+P]J7B.#Q5JGBC47N/ 6@3VVJ0J;R.?XF_X-/_VT_A5\>O\
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MA]\-_#R65O=65Y>KJ_C/Q%H]O?1V5Q'<6VD?VAJ3206UE<7$(!_*W_P9Y_\
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MR ?\.L?^"E0P,#]@+]L? QQQ^SK\1R/R-?PM?\&20!_;>_:_R ?^,5=.Z_\
M97/!= 'RW_P<U_\ !%S]G#_@EGXE_9K^)'[*$_C33OAC\>3\0O#?B3P)XT\2
M_P#"6'PAXP^'\/A+4K&^\.:W>V\.MW.C^*M'\472W.GZM/JDNDZCX;EGCU-[
M;6[>PT_^[+_@WQ^._P 1/VE?^"-_[$7Q8^+&O7_BGQS?>!OB!X%U7Q%J]W-J
M&L:W8?!WXT?$OX-^&]2UK4;II+O5-:N_"_@+1I=8U2^EN+[4]2:ZOKZYN;NX
MFGD_GO\ ^#X0#_A2?_!/_C_FJ?QS_P#42^'_ /@/R%?M3_P:Z G_ ((2_L.
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MOX@_$3X4^"_&GC;XIZ_#9VT>M^)O%^M>+-+\0:C,-<U*&75(?#D5^?#GAT7
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M^Z:* /YU?^"!?_!#WQQ_P1G;]J__ (3+]H#PK\=!^T>/@7_9Q\,^!=7\%?\
M"+GX0'XQ?:_MHU7Q#KQU+^W/^%HVPM_(^R_8O['G,IG^V1B!/^"X7_! MO\
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8H **** "BBB@ HHHH **** "BBB@#__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
