Marsh, RTI International to Offer Real Estate Portfolio Management & Decision Support Service

Business Wire, April 18, 2007

New Service Allows Firms to Assess and Manage Real Estate Holdings, Develop Divestiture Strategies for Surplus Properties and Brownfields

NEW YORK -- Marsh Inc., the world's leading risk and insurance services firm, and RTI International today launched a new service designed to help public and private corporations better manage their real estate portfolios, optimize holdings, and develop divestiture strategies for surplus properties, including environmentally stressed properties or "brownfields."

The service is backed by an innovative software application known as SBS Discovery(SM) that uses complex models to assess the potential value of impaired property holdings relative to their remediation costs.

"As a result of Sarbanes-Oxley compliance requirements and FASB 143/FIN 47 regulations, many companies today face significant challenges in assessing and managing their real estate holdings as liabilities," said Glenn Osmond, business development director for RTI's SBS Discovery. "This new service and its supporting technology allow corporations to take a more proactive approach toward the management of their real estate holdings, including surplus properties."

Mr. Osmond said a significant number of the more than 450,000 brownfields in the United States represent non-strategic surplus assets with good development potential. Yet they frequently appear on balance sheets of major corporations at nominal value.

The Marsh-RTI service can help corporations overcome key challenges associated with managing excess properties and brownfields, including disjointed work processes, information silos, and lack of cohesive perspective.

Jim Vetter, a Marsh senior vice president, said the firm's collaboration with RTI will span diverse industries and encompass broad real estate applications, such as active portfolio management and optimization of holdings.

"Our collaboration with RTI enables Marsh to provide clients with an innovative solution that can help them in their efforts to reduce their financial risk and long-term liabilities, regain control of assets, maximize possible returns from sale or reuse, and, ultimately, improve their corporate reputation and community perception," Mr. Vetter added.

Among other aspects of their collaboration, Marsh and RTI plan to enhance SBS Discovery's capabilities to include a risk management module that allows decision-makers to evaluate insurance solutions that may help to manage pro-forma expenses and provide greater financial certainty.

Marsh and RTI International will be featuring this new service during the upcoming annual conference and exhibition of the Risk & Insurance Management Society (RIMS), April 29 - May 3, in New Orleans. Visit location #600 in the exhibit hall at the Ernest N. Morial Convention Center.

About Marsh

Marsh has 26,000 employees and annual revenues approaching $5 billion. The firm provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with approximately 55,000 employees and approximately $12 billion in annual revenues. MMC is also the parent company of Guy Carpenter, Kroll, Mercer, and Putnam Investments. MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago, and London stock exchanges. MMC's Web site is www.mmc.com. Marsh's Web site is www.marsh.com.

About RTI International

RTI International is one of the world's leading research institutes, dedicated to improving the human condition by turning knowledge into practice. With projects in more than 40 countries and a staff of more than 2,600, RTI offers innovative research and technical solutions to governments and businesses worldwide in the areas of health and pharmaceuticals, education and training, surveys and statistics, advanced technology, democratic governance, economic and social development, energy, and the environment. For more information, visit www.rti.org.