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NEW YORK, May 17, 2007 - Marsh & McLennan Companies, Inc. (MMC) announced at its annual meeting today that its Board of Directors has declared a quarterly dividend of $.19 per share on outstanding common stock, payable on August 15, 2007 to stockholders of record on July 6, 2007.

MMC also announced that stockholders re-elected Zachary W. Carter and Oscar Fanjul to the Board of Directors, to serve three-year terms expiring in May 2010.

After 15 years on the board, Lewis W. Bernard decided not to stand for re-election at the 2007 annual meeting. Non-executive chairman Stephen R. Hardis and president and chief executive officer Michael G. Cherkasky publicly thanked Mr. Bernard for his years of service to MMC and its stockholders. Following Mr. Bernard's retirement, the Board has 11 members.

In further business at the annual meeting, stockholders ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2007 and, as recommended by the Board of Directors, approved an increase to the number of shares reserved under MMC's stock purchase plan for international employees. A stockholder proposal relating to political contributions did not receive the number of votes required for approval. An audio webcast of MMC's 2007 annual meeting, which includes the remarks of president and chief executive officer Michael G. Cherkasky, may be accessed at www.mmc.com.

Marsh & McLennan Companies, Inc. (MMC) is the world's premier provider of advice and solutions in risk, strategy and human capital. It is the parent company of Marsh, the world's leading risk and insurance services firm; Guy Carpenter, the world's leading risk and reinsurance specialist; Kroll, the world's leading risk consulting company; Mercer Human Resource Consulting, the world's leading consultancy in its field; Oliver Wyman, a leading global management consultancy; and Putnam Investments, one of the largest investment management companies in the United States. More than 55,000 employees provide analysis, advice, and transactional capabilities to clients in over 100 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago, and London stock exchanges. MMC's website address is www.mmc.com.