Andre Clerc Appointed Chairman of Willis' Aerospace Division.

Business Editors

LONDON--(BUSINESS WIRE)--June 20, 2003

Willis Group Holdings (NYSE:WSH), the global insurance broker, announces the appointment of Andre Clerc as Chairman of its Aerospace Division.

Trained as a lawyer, Andre has 33 years underwriting experience, most recently as Chairman and Managing Director of La Reunion Aerienne (LRA). Under his leadership, LRA has consolidated its position as a major global aerospace underwriter, with over 30 major leads and participation on 600 airlines and virtually all the world's major aero manufacturers.

Welcoming Andre to Willis, Joe Plumeri, Chairman and CEO, said: "We have ambitious growth plans for our Aerospace Division as part of our overall vision to create the world's greatest insurance broker. With his superb track record and stature within the industry, Andre is the ideal person to lead Aerospace to its next level of development and expansion."

Jim Ratcliffe, Chief Executive of Willis' Specialties Division, of which Aerospace is a part, said: "Andre is a tremendous addition to our senior management team and his appointment is a great coup for the Aerospace Division. In particular, his international experience and contacts will be invaluable in helping us fulfill our global aspirations."

Andre Clerc said: "I have known Willis' Aerospace Division for a very long time and have been consistently impressed by the quality, commitment and client-focused approach of its people. I see tremendous opportunities for the Division to grow further and I look forward to working with Jim and his colleagues to realize our ambitious goals."

Willis Group Holding Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. With over 300 offices in more than 80 countries, its global team of 13,000 associates serves clients in 180 countries. Willis is publicly traded on the New York Stock Exchange under the symbol WSH. Additional information on Willis may be found on its website: www.willis.com.