Marsh & McLennan Companies Increases Share Repurchase Program from $500 to $1B

Marsh & McLennan Companies, Inc.

announced today that its Board of Directors has authorized the share repurchase of an additional $500 million. Combined with the $500 million share repurchase program announced on September 30, 2010, the Company's authorization now totals $1 billion. As disclosed in its second quarter results, the Company had repurchased $321 million, or 11.2 million shares of common stock as of June 30, 2011. The Company continues to repurchase stock in the current quarter.