X0201 4 2004-03-21 0 0000043952 GREY GLOBAL GROUP INC GREY 0000904458 MEYER EDWARD H C/O GREY GLOBAL GROUP INC 777 THIRD AVENUE NEW YORK NY 10017 1 1 1 0 Chairman, President and CEO Common Stock, par value $.01 per share 2004-03-21 5 Z 0 E 82194 0 A 149158 D Common Stock, par value $.01 per share 7000 I See Footnote Limited Duration Class B Common Stock 2004-03-21 5 Z 0 E 110053 0 A 135617 D Limited Duration Class B Common Stock 7500 I See Footnote Represents termination of the voting trust (the "Voting Trust") established pursuant to the Voting Trust Agreement, dated as of February 24, 1986, as amended and restated (the "Voting Trust Agreement"), among the several beneficiaries thereunder, Grey Global Group Inc. and Mr. Edward H. Meyer, as the sole voting trustee. Prior to March 21, 2004, these shares were indiretly beneficially owned by Mr. Meyer pursuant to the Voting Trust Agreement. The Voting Trust Agreement terminated on March 21, 2004. Such shares continue to be held in trust for the benefit of Mr. Meyer's son, Anthony Edward Meyer (3,750 shares of Common Stock and 3,750 shares of Limited Duration Class B Common Stock) and Mr. Meyer's daughter, Margaret Ann Meyer (3,250 shares of Common Stock and 3,750 shares of Limited Duration Class B Common Stock). Mr. Meyer's wife, Sandra Meyer, is the trustee of the trust. Mr. Meyer disclaims beneficial ownership of the shares held by the trust. /s/ Edward H. Meyer 2004-03-25