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Aon Adds Risk Expert to National Environmental Practice
Peggy Cullen Joins the Company After 20 Years With AIG Environmental
PRNewswire
NEW YORK

Aon Corporation (NYSE: AOC) today announced that Peggy Cullen has joined the company's environmental practice as director of syndication.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO )

Cullen will oversee Aon's nationwide team of environmental risk experts in the management and placement of insurance policies. She will also develop business initiatives and provide training and communication for relationship managers and originators across the Aon network. Cullen will be based in New York.

Said Jim Cox, managing director of Aon's environmental practice: "Peggy has three decades of experience working specifically on environmental risk management. The insight and know-how she brings to the table will further enable Aon to help clients improve risk programs and achieve better business results."

Prior to joining Aon, Cullen spent 20 years at American International Group (AIG), where she was most recently senior vice president of AIG Environmental, heading up mergers and acquisitions. Before that, she managed the worldwide environmental insurance program for American International Underwriters and was profit center manager for commercial accounts within AIG Environmental.

About Aon

Aon Corporation ( http://www.aon.com/ ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 47,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

As one of the largest dedicated environmental brokerage groups in the world, Aon's environmental practice provides its clients with comprehensive strategies for managing environmental risk. The group's strength lies in its multi-disciplinary services and wide range of environmental products customized to address specific risk needs of its clients.

For more information, contact:

Amy Littleton, KemperLesnik Communications, 312.755.3572, Amy.Littleton@kemperlesnik.com

  or

  Thaddeus Woosley, Aon Corporation, 312-.381.2446, Thaddeus_Woosley@aon.com

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of regulatory investigations brought by state attorneys general and state insurance regulators related to our compensation arrangements with underwriters and related issues, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, and ERISA class actions, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.

Photo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Aon Corporation

CONTACT: Amy Littleton, of KemperLesnik Communications, +1-312-755-3572,
Amy.Littleton@kemperlesnik.com, or Thaddeus Woosley, of Aon Corporation,
+1-312-381-2446, Thaddeus_Woosley@aon.com

Web site: http://www.aon.com/

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