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NEW YORK, NEW YORK, March 15, 2006 - The Board of Directors of Marsh & McLennan Companies, Inc. (MMC) today declared a quarterly dividend of $.17 per share on outstanding common stock, payable on May 15, 2006 to shareholders of record on April 7, 2006.

MMC is a global professional services firm with annual revenues of approximately $12 billion. 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, a major global provider of human resource and specialty consulting services; and Putnam Investments, one of the largest investment management companies in the United States. Approximately 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, Pacific, and London stock exchanges. MMC's website address is www.mmc.com.