Dividend Declaration

Marsh & McLennan Co Inc
16 November 2001


Re: Dividend Announcement 

Please be advised that the Board of Directors of Marsh & McLennan Companies, 
Inc. on November 15, 2001 declared its quarterly dividend on the Company's 
common stock of fifty-three cents ($.53) per share, payable February 15, 2002 
to stockholders of record on January 7, 2002.