SINGAPORE, October 24, 2008 - Aon Consulting, the global human capital consulting organization of Aon Corporation (NYSE: AOC), announced today it has earned International Headquarters (IHQ) status from the Singapore Economic Development Board (SEDB). The IHQ distinction, which became effective Sept. 1, establishes the Firm’s status as a key player in the region.

"Aon Consulting is committed to sustained growth in the Asia Pacific marketplace, and we are honored to achieve IHQ status from the SEDB," Edouard Merette, chief executive officer of Aon Consulting - Asia Pacific, said. "Singapore is a hotbed for human capital development - with related initiatives arising from the private and public sector - making it a logical choice for our IHQ."

The Firm is confident that Singapore, being at the nexus connecting the Western and the Asian economies, will provide the platform for information exchange and idea generation. It will now use Singapore as the nerve center to develop distinctive strategies to strengthen its global disciplines and offerings to its clientele in the region and globally.

Along with IHQ status, Aon Consulting also announced the launch of its Research Center, designed to help the Firm shape the workplace of the future for its clients through benefits, talent management and rewards strategies and solutions.

"Our IHQ status creates opportunities for Aon Consulting to spearhead many initiatives in Asia Pacific, the first being the launch of the Research Center," Merette said.

"We are pleased that Aon Consulting has chosen Singapore as its home in Asia Pacific.  As a global industry leader in human capital consulting, Aon's decision adds to the growing cluster of professional services firms that are using Singapore as a springboard to pursue business opportunities in the region," said Dr. Beh Swan Gin, managing director of Economic Development Board. "We are also delighted by the establishment of Aon's Research Center for human capital issues that are of concern to company boards. This is a timely development and will help position Singapore to be a thought leader in this emerging field."

The Research Center will enable Aon Consulting to survey human capital issues - particularly those of concern to corporate boards and executive managers - host seminars and produce papers on best practices.

Aon Consulting’s Research Center will examine the following topics:

• Selection of directors and their continuous development, with the aim of creating an independent and effective board;
• Ways of evaluating the performance of the directors and executives in order to balance the different priorities;
• Compensation arrangements for directors and executive management, which are robust and reflect sustained performance;  
• CEO succession, executive development and talent management processes that lead to quality leadership and conducive work culture; and 
• Board and management’s role in managing risks and liabilities and guiding business strategies in pursuit of growth opportunities.
• In creating integrative learning, Aon Consulting will conduct comparative analyses of best practices in Asia Pacific and other nations such as the United States, European countries and Australia. 

"The current global credit crisis has raised questions about risk management, leadership, executive performance and compensation," Na Boon Chong director for Aon Consulting Southeast Asia, said. "At a time when corporate stewardship is being examined, the Research Center will seek to find answers and practical solutions to these issues."

About Aon Consulting Worldwide
Aon Consulting Worldwide is among the top global human capital consulting firms, with 2007 revenues of $1.352 billion and 6,335 professionals in 117 offices worldwide. Aon Consulting is shaping the workplace of the future through benefits, talent management and rewards strategies and solutions. Aon Consulting was named the best employee benefit consulting firm by the readers of Business Insurance magazine in 2006, 2007 and 2008. For more information on Aon, please visit http://www.aon.mediaroom.com/.

About Aon Corporation
Aon Corporation (NYSE: AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was named the world's best broker by Euromoney magazine's 2008 Insurance Survey. In 2008, Aon ranked highest on the Business Insurance ranking of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues. Aon also was ranked by A.M. Best as the number one insurance broker based on brokerage revenues in 2007 and 2008, and was voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 and 2008 by the readers of Business Insurance.  Sign up to receive Aon news alerts by email or RSS feed at: http://aon.mediaroom.com/index.php?s=58.

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