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Arthur J. Gallagher & Co. Announces Executive Appointment

ITASCA, Ill., June 9 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. (NYSE: AJG) announces that its Board of Directors has appointed David Ross to the position of Corporate Vice President.

Mr. Ross joined Gallagher's London brokerage operation, Arthur J. Gallagher (UK) Limited, in 1990 as a technician in its North American Division, and was named Director of that division in 1993. In 1997, he became Managing Director of AJG (UK)'s Specialty Lines Division and, in 2004, was promoted to CEO of its newly formed Global Risks Division. In 2005, Mr. Ross was named CEO of AJG (UK). He also serves as Director of three AJG (UK) subsidiaries: Connor Hale Kerslake Limited, Risk Management Partners Limited and Arthur J. Gallagher Asia Pte Ltd.

J. Patrick Gallagher, Jr., President and Chief Executive Officer, stated: "David is a strong leader and has been a great contributor to the growth of our UK brokerage operations. He will be a welcome addition to our company's executive team and we look forward to his continued contributions for many years to come."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in seven countries and does business in 120 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.

SOURCE  Arthur J. Gallagher & Co.
    -0-                             06/09/2006
    /CONTACT:  Marsha J. Akin, Investor Relations of Arthur J. Gallagher &
Co., +1-630-773-3800/
    /Web site:  http://www.ajg.com /
    (AJG)

CO:  Arthur J. Gallagher & Co.
ST:  Illinois, England
IN:  FIN INS
SU:  PER

JR-TG
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9806 06/09/2006 12:44 EDT http://www.prnewswire.com