RNS No 7352d
MARSH & MCLENNAN CO INC
30th June 1997



MARSH-&-MCLENNAN Marsh & McLennan Companies, Inc.  
denies discussions to sell Putnam Investments, Inc.  

 
    NEW YORK--(BUSINESS WIRE)--June 30, 1997--Commenting on a story 
in this mornings edition of The Wall Street Journal, Marsh & 
McLennan Companies, Inc.  stated that Putnam Investments, a wholly 
owned subsidiary, is not for sale.  Marsh & McLennan Companies also 
said that the company has not had discussions with any party, 
including J.P. Morgan, concerning the sale of Putnam.  

    Marsh & McLennan Companies is a professional services firm with 
insurance and reinsurance broking, investment management and 
consulting businesses.  More than 36,000 employees worldwide provide 
analysis, advice and transactional capabilities to clients in over 
100 countries.  Marsh & McLennan Companies stock (ticker symbol: MMC)
is listed on the New York, Chicago, Pacific and London stock 
exchanges.  


    CONTACT:  Barbara Perlmutter          Andrew R. Baer
              MARSH & McLENNAN COS.       KEKST AND COMPANY
              212/345-5585                212/521-4828
 


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