Dividend Declaration

Marsh & McLennan Co Inc
21 November 2003

To: RNS

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 February 13, 2003 to
stockholders of record on January 5, 2004.

From: Marsh & McLennan Co Inc




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