Aon Finds New Home in Baltimore City

BALTIMORE, Aug. 8 /PRNewswire-FirstCall/ -- Aon Corporation announced today the Baltimore office, currently inhabiting space in the Candler Building at 111 Market Place, will move to the newly constructed 500 E. Pratt Street office building effective February 2006.

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"We are very pleased that Aon has decided to remain in downtown Baltimore," said Baltimore Development Corporation President M. J. "Jay" Brodie, whose agency worked with Aon for more than a year to retain it in the city. "With 180 employees, Aon is both a substantial presence downtown and an important part of the city's corporate community."

For the past 15 years, Aon has occupied more than 70,000 square feet of office space in the Candler Building, which amounted to the 11th and 12th floors and half of the 10th floor. With the conclusion of the Candler Building lease, Aon's 180 downtown employees will now relocate to 500 E. Pratt Street where they will occupy the sixth and seventh floors, and part of the fifth floor.

"Aon is pleased to remain in Baltimore City," said Steve Trumble, senior vice president, Aon Consulting. "We appreciate the assistance the City of Baltimore, Multi-Employer Property Trust, CB Richard Ellis and Trammell Crow have provided in helping us to make this decision. We look forward to the ongoing partnership between Aon, Baltimore City, and other local businesses to ensure downtown Baltimore continues to be the 'Charm City' for business in the years to come."

"Aon and our predecessor companies have been in downtown Baltimore for more than a hundred years," said Jim Beardsley, resident managing director, Aon Risk Services. "With such a long standing history, we look forward to continuing to call Baltimore City our home."

Aon's downtown Baltimore office provides employee benefits consulting and risk management services to public and private sector organizations in Baltimore and the Mid-Atlantic.

Contact: Rebecca Stevenson, Aon Consulting, +1.410.783.4614, Rebecca_Stevenson@aon.com 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, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, 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 investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, 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.