Gallagher & Co. Notes Dividend

October 19, 2005

Illinois-based Arthur J. Gallagher & Co. declared a regular quarterly cash dividend of twenty-eight cents ($.28) per share on the Common Stock of the Company, payable on Jan. 16, 2006 to Shareholders of Record as of Dec. 30, 2005.

Arthur J. Gallagher & Co. has operations in seven countries and does business in more than 110 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.