LONDON, July 15 2005 - Stephen Timms, Minister of State for Pension Reform, has presented the awards at Aon Consulting's 22nd Pension & Investment Journalist of the Year ceremony during a lunchtime reception held at the House of Commons yesterday. This year's winners are:

• Isabelle Kassam (The Sun) who topped the poll in the CONSUMER PENSION AND INVESTMENT JOURNALIST OF THE YEAR category;
• Patience Wheatcroft (The Times) who saw off rival business journalists to win
• BUSINESS PENSION & INVESTMENT JOURNALIST OF THE YEAR award;
• Pádraig Floyd (Pensions Management), who took home the top prize in the TECHNICAL PENSION & INVESTMENT JOURNALIST OF THE YEAR category;
• Jason Corcoran (Financial News), who secured top marks in the BEST NEWCOMER TO PENSION & INVESTMENT JOURNALISM, which acknowledges talented newcomers to the industry;
• Janet Walford (Money Management), who polled the most votes from her fellow journalists to win the PEOPLE'S CHOICE AWARD, in recognition of her outstanding contribution to pensions and investment journalism over the past year.

These industry awards were introduced in 1984 by Aon Consulting, one of the UK's leading firms of actuaries, employee benefit and human resources consultants. The awards are specifically designed to recognise the contribution of those journalists who most effectively assist the understanding of pensions and investment matters. They also recognise the work of journalists who provide technical or analytical comment for professionals working in these areas, including pensions specialists, fund managers, independent advisers.

The business, consumer and technical award winners each received a cheque for £1,300. Winners of the People's Choice and Newcomer award categories were presented with a £1,000 cash prize each. All winners were also presented with permanent mementoes of engraved sterling silver 'armada' dishes.

Presentations were also made to the runners-ups who were:Anne Ashworth (The Times) andChristine Seib (The Times) in the CONSUMER CATEGORY;Liam Halligan (Sunday Telegraph) andAnthony Hilton (Evening Standard) in the BUSINESS CATEGORY;Philip Coggan (Financial Times) andMike Foster (Financial News) in the TECHNICAL CATEGORY, and;Esther Shaw (Express/ Independent on Sunday) in the NEWCOMER CATEGORY. Each received a prize of £500.

Ron Amy, Chairman & Chief Executive of Aon Consulting, said: "This is the twenty-second time that Aon Consulting has sponsored the Pension & Investment Journalist of the Year Awards. We are delighted that so many journalists continue to enter the Awards - well over 50 entered this year. Journalists play a vital role in communicating this message clearly at a time when many people have become pretty disillusioned about pensions and investment returns. It is vital that we encourage greater pension provision and help the UK public make the right individual decisions from having a better understanding of savings and investment through the press."

Note to Editors:

About Aon Consulting

Aon Consulting is a leading human capital consultancy, helping organisations of every size to attract and keep the employees they need. We advise on all aspects of employment, including health-related insurance and risk; employee compensation and pensions; human resource strategy planning; job design and change management; and staff assessment and legal issues. Aon Consulting is a division of Aon, the UK's largest insurance broker and provider of risk management services and a major force in reinsurance and the UK human capital consulting market. Aon Consulting Limited is authorised and regulated by the Financial Services Authority.

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.

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.