MMC Names M. Michele Burns Executive Vice President and Chief Financial Officer

Ms. Burns succeeds Sandra S. Wijnberg, who announced in Augustthat she plans to resign from the company in March 2006. Ms. Wijnbergwill work closely with Ms. Burns to ensure a smooth transition. Ms.Burns will report to Michael G. Cherkasky, president and chiefexecutive officer of MMC.

Ms. Burns, 47, has been executive vice president, chief financialofficer, and chief restructuring officer of Mirant, a competitiveenergy company, since 2004. Prior to joining Mirant, Ms. Burns hadspent five years at Delta Air Lines, Inc., last serving as executivevice president and chief financial officer. Before joining Delta, shewas a senior tax partner at Arthur Andersen LLP.

Mr. Cherkasky said, "We are very pleased to welcome Michele toMMC's senior management team. Michele has distinguished herselfthrough her financial leadership, management track record, andimpressive professional accomplishments. Her experience will beinvaluable as MMC implements its 'one company' strategy of becomingthe world's leading global advice and solutions firm."

Ms. Burns commented, "I am delighted to join MMC, a company with adistinguished history and a market leader in its principal businesses.I look forward to being part of an exceptional senior management teamcommitted to excellent client service, superior long-term growth, andincreased value for shareholders."

Ms. Burns serves as a member of the board of directors of Wal-MartStores, Inc.; Cisco Systems, Inc.; and the Ivan Allen Company. She isalso treasurer and a founding member of the board of directors of theElton John AIDS Foundation.

Ms. Burns graduated summa cum laude from the University of Georgiawith a bachelor's degree in business administration and a master'sdegree in accountancy.

MMC is a global professional services firm with annual revenuesexceeding $12 billion. It is the parent company of Marsh, the world'sleading risk and insurance services firm; Guy Carpenter, the world'sleading risk and reinsurance specialist; Kroll, the world's leadingrisk consulting company; Mercer, a major global provider of humanresource and specialty consulting services; and Putnam Investments,one of the largest investment management companies in the UnitedStates. Approximately 59,000 employees provide analysis, advice, andtransactional capabilities to clients in over 100 countries. Its stock(ticker symbol: MMC) is listed on the New York, Chicago, Pacific, andLondon stock exchanges. MMC's website address is www.mmc.com.