HRH Hilb Rogal & Hobbs

Hilb Rogal & Hobbs Company (NYSE:HRH), one of the world�s largest insurance and risk management intermediaries, today announced the preliminary results of elections made by HRH shareholders regarding their preferences as to the form of merger consideration they will receive in the pending acquisition of HRH by Willis Group Holdings Limited (�Willis�). The election deadline for HRH stockholders to have made merger consideration elections in connection with the proposed merger expired at 5 p.m. New York City time on September 29, 2008. Of the 37,282,858 shares of HRH common stock outstanding as of September 29, 2008: 26,994,371 shares or 72.40% elected to receive cash; 9,871,179 shares or 26.48% elected to receive Willis common stock; and 112,213 shares or 0.30% did not make a valid election or made no election. The elections with respect to approximately 5,241,396 of the foregoing shares electing to receive cash and approximately 1,915,553 of the foregoing shares electing to receive stock were made pursuant to the notice of guaranteed delivery procedure which requires the delivery of HRH shares to the exchange agent for the merger by 5:00 p.m. New York City time on October 2, 2008. If the exchange agent does not receive the required share certificates or book-entry transfer of shares by this guaranteed delivery deadline, the HRH shares subject to such election will be treated as shares that did not make a valid election. After the final results of the election process are determined, the actual merger consideration and the allocation of the merger consideration will be computed using the formula in the merger agreement and will be based on, among other things, the actual number of shares of HRH common stock outstanding immediately prior to the closing date, the final results of the election process and the value of Willis common stock for the ten trading days ending on the second full trading day prior to the closing date. The aggregate amount of Willis common stock that will be issued in the merger is capped at 19.9% of the outstanding Willis shares immediately prior to the closing date. A press release announcing the final merger consideration will be issued after the final merger consideration is determined. A more complete description of the merger consideration and the proration procedures applicable to elections is contained in the proxy statement/prospectus dated August 21, 2008 which was mailed to HRH stockholders of record on or about August 27, 2008. HRH and Willis expect to complete the merger on October 1, 2008. About Hilb Rogal & Hobbs Hilb Rogal & Hobbs Company (HRH) is the eighth largest insurance and risk management intermediary in the United States, with over 140 offices throughout the United States and the world. HRH helps clients manage their risks in property and casualty, employee benefits, professional liability and other areas of specialized exposure. In addition, HRH offers a full range of personal and corporate financial products and services. HRH is focused on understanding our clients' businesses, employees and risks, as well as the insurance and financial markets, so that we can develop insurance, risk management and employee benefits solutions that best fit their needs. The company's common stock is traded on the New York Stock Exchange, symbol HRH. More information about HRH may be found at www.hrh.com. Forward-Looking Statements Forward-looking statements made in filings by the company with the SEC, in the company's press releases or other public or shareholder communications, or in oral statements made with the approval of an authorized company executive officer, may include the words or phrases "would be," "will allow," "expects to," "will continue," "is anticipated," "estimate," "project" or similar expressions and are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.