WAYNE, Pa.

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"
Arthur J.

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CONTACT: Heywood Sloane
Bank Insurance + Securities Association
610-989-9047
Heywoods@bisanet.

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Founded in 1997, Alternative Market Specialists is a managing general
agent and wholesale insurance broker providing insurance products for
independent insurance agents and brokers throughout the United States.

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, At its Annual Convention in Hollywood,
Florida the BISA Board of Directors announced the election of officers.

Arthur J. Gallagher + Co. Acquires Alternative Market Specialists

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Michael Vaughan-Fowler
and his associates will continue to operate from their current locations in
Atlanta , Nashville, Edina and London, England under the direction of Joel
Cavaness, President of Risk Placement Services, Inc.

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The membership includes financial institutions of all sizes, their
broker/dealer, insurance, and mutual fund subsidiaries, and firms providing
products and/or services to support these operations., an international insurance brokerage and risk
management services firm, is headquartered in Itasca, Illinois, has operations
in seven countries and does business in more than 110 countries around the
world through a network of correspondent brokers and consultants.

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Terms of the transaction were not
disclosed. They
specialize in the production, underwriting and placement of public entity
accounts that desire a protected self-insured program.

Sites in which the primary focus is the etymology of the surname and its variants, a one-name study or organization, relevant genealogy, or an associated family history.

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Gallagher + Co. Patrick Gallagher, President and Chief Executive Officer said,
"Alternative Market Specialists' years of experience in public entity,
educational, and commercial accounts will be a wonderful complement to our
company's niche strategy.

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We are
extremely pleased to welcome Michael and his team to our growing Risk
Placement Services' family of professionals.

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Also on behalf of
the Board, Rob Comfort announced the election of Jordan Miller, Fifth Third
Bank , and Robert Mittel, Independence Community Bank, to the office of Vice
President of the BISA.

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BISA is the nation's leading trade
association dedicated to serving the needs of those responsible for marketing
securities, insurance and other investment and risk management products
through commercial banks, trust companies, savings institutions and credit
unions., a subsidiary of Arthur
J. Gallagher
is traded on the New York Stock Exchange under the symbol AJG.

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BISA Announces New President Officers and Committee Chairs

(NYSE: AJG) today announced the acquisition of Alternative Market Specialists
headquartered in Edina, Minnesota. They bring with them an efficiency, objectivity and
dedication to client service which fit perfectly within our culture.

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ITASCA, Ill., Arthur J.
J. Gallagher + Co.

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Other officers of the Association reelected for an additional term
include: Maryann Bruce, Evergreen Investment Services, as Vice President, Rick
McCann, First Interstate Bank, as Vice President and Assistant Treasurer, John
Lewis, Bank of Montreal, as Treasurer, Alan Leach as Secretary , and John
Hartigan, Morgan, Lewis + Bockius, as General Counsel.

The Bank Insurance + Securities Association (BISA) was formed in 2002
through the merger of the Bank Securities Association (BSA) and the Financial
Institutions Insurance Association (FIIA).

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On
behalf of the Board, Robert Comfort, President of the BISA and Huntingdon
Investment Services, announced the election of John Vaughan, President of BB+T
Investment Services, as the President Elect for the BISA . Gallagher + Co.