This excerpt taken from the MMC 10-Q filed May 6, 2005.
Risk consulting & technology includes Kroll and portions of the risk consulting business previously managed by
Marsh. The large increase in the segment's revenue, expense, and operating income is almost entirely due to the
impact of the acquisition of Kroll, Inc., which was completed in July, 2004. Expenses in 2005 include $16 million of amortization of identified intangible assets.