Re Directorate

Marsh & McLennan Co Inc
27 September 2000


MMC NAMES WILLIAM ROSOFF
SENIOR VICE PRESIDENT AND GENERAL COUNSEL
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NEW YORK, NEW YORK, September 27, 2000 - Marsh & McLennan Companies, Inc.
(MMC) announced today that William L. Rosoff has been named senior vice
president and general counsel.

Mr. Rosoff's appointment is effective October 10, 2000.  He will report to J.
W. Greenberg, chairman and chief executive officer of MMC.

Mr. Rosoff, age 54, was most recently a partner at Davis Polk & Wardwell,
having rejoined the firm after serving for two years as senior vice president
and general counsel of RJR Nabisco, Inc.  Mr. Rosoff first joined Davis Polk
in 1978 and became a partner in 1985.

At RJR Nabisco, Mr. Rosoff was a key legal and business advisor to the chief
executive officer and advised the Board of Directors on legal, political and
strategic issues.

During his tenure at Davis Polk, Mr. Rosoff was a partner in both the
litigation and corporate departments, focusing primarily on mergers and
acquisitions.  Since returning to the firm this past February, he acted as
lead counsel in the sale of Nabisco to Philip Morris and the sale of Nabisco
Group Holdings to RJ Reynolds Tobacco.

Gregory F. Van Gundy, who has been general counsel since 1979, will continue
as corporate secretary of MMC.

Mr. Greenberg said, 'We are pleased to welcome Bill Rosoff to MMC's senior
management.  Bill has distinguished himself throughout his career as a trusted
legal and business advisor to a number of the world's leading companies.  MMC
will benefit from his vast legal and business experience.  We are also very
pleased that Greg Van Gundy, who has made important contributions to MMC, will
continue to serve as a key advisor and member of MMC's senior management.'

Mr. Rosoff commented, 'I am delighted to be joining MMC, a company which is
known for its outstanding record of performance, range of professional
services, deep knowledge and independent thinking.  I look forward to
contributing to MMC's growth and development.'

Mr. Rosoff holds a B.A. in history from Columbia University.  He earned a
Ph.D. in economic history at the University of California at Berkeley in 1975
and a J.D., magna cum laude, from Harvard Law School in 1978.  He is a
director of Deltic Timber Corporation.

MMC is a global professional services firm with annual revenues exceeding $9
billion.  It is the parent company of Marsh, the world's leading risk and
insurance services firm; Putnam Investments, one of the largest investment
management companies in the United States; and Mercer Consulting Group, a
major global provider of consulting services.  More than 50,000 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.

For further information please contact:

Barbara Perlmutter                          Jim Fingeroth
MMC                                         Kekst and Company
[phone]                              [phone]