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Arthur J. Gallagher & Co. Announces Regular Third Quarter Dividend

ITASCA, Ill., July 20 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today declared a regular quarterly cash dividend of thirty cents ($.30) per share on the Common Stock of the Company, payable on October 13, 2006 to Shareholders of Record as of September 29, 2006.

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-                             07/20/2006
    /CONTACT: Marsha J. Akin, Investor Relations, Arthur J. Gallagher & Co.,
+1-630-773-3800 /
    /Web site:

CO:  Arthur J. Gallagher & Co.
ST:  Illinois, Connecticut

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7676 07/20/2006 17:44 EDT