Company Announcements

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

1 April 2020

Rule 19.6(c) confirmation of post-offer intention statements

MMC Treasury Holdings (UK) Limited (the "Company"), a wholly owned subsidiary of Marsh & McLennan Companies, Inc. ("MMC"), announces that further to the completion of its recommended cash acquisition of the entire issued and to be issued ordinary share capital of Jardine Lloyd Thompson Group plc, which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006 on 1 April 2019, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that the Company has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in its announcement of 18 September 2018 and the scheme document published on 15 October 2018.

Enquiries:

MMC and the Company

Sarah DeWitt                            +1 212 345 6750