Dividend Declaration

Marsh & McLennan Co Inc
18 September 2003

To: RNS
Dated: September 18, 2003

Re Dividend Announcement 

Please be advised that the Board of Directors of Marsh & McLennan Companies,
Inc. (the 'Company') today declared a quarterly dividend on the Company's common
stock of thirty-one cents ($.31) per share, payable November 14, 2003 to
stockholders of record on October 15, 2003.

From: Marsh & McLennan Co Inc


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