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Aon Corporation

Aon Provides Details of Equity Grant to Gregory C. Case

Chicago (ots/PRNewswire)

The Compensation Committee of the Board
of Directors of Aon Corporation (NYSE: AOC) has approved a grant of
stock options and restricted stock units for the Company's Chief
Executive Officer and President, Gregory C. Case, in connection with
the commencement of his employment on April 4, 2005.
Mr. Case will receive: (i) restricted stock units in the amount of
125,000 shares, which will vest in four installments of 12,500 shares
on each of the first through fourth anniversaries of the date of
grant and in a final installment of 75,000 shares on the fifth
anniversary of the date of grant; and (ii) a grant of options to
purchase 1,000,000 shares of common stock of Aon, which will vest in
three equal installments on each of the second through fourth
anniversaries of the date of grant.
About Aon
Aon Corporation (www.aon.com) is a leading provider of risk
management services, insurance and reinsurance brokerage, human
capital and management consulting, and specialty insurance
underwriting. The company employs approximately 48,000 professionals
in its 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.
    Investor Contact:   Craig Streem
                        Corporate Vice President, Investor Relations
                        +1-312-381-3983
    Media Contact:      Gary Sullivan
                        Senior Vice President, Corporate Communications
                        +1-312-381-2467
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 derivative actions and claims under ERISA, 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.
Web site: http://www.aon.com

Contact:

Investor, Craig Streem, Corporate Vice President, Investor Relations,
+1-312-381-3983, or Media Contact, Gary Sullivan, Senior Vice
President, Corporate Communication, +1-312-381-2467, both of Aon
Corporation

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