3rd March 2009 Good growth in all businesses Preliminary Results for the year ended 31st December 2008

JLT Group plc :: Preliminary Results for the year ending 31st December JLT’s good progress continues 2008 Strong organic growth Good performance across all operations Strategic progress in JLT Re Financial strength Good growth in all businesses

JLT Group plc :: Preliminary Results for the year ending 31st December Turnover %8% Underlying trading profit %13% Trading margin14.2% 13.1% Underlying PBT %6% Reported PBT * % Underlying EPS (diluted)30.4p26.0p17% Reported EPS* (diluted)29.6p33.7p-12% Dividend per share20.5p20.5p 2008 financial highlights £M Actualat CRE Growth * Includes impairment and exceptional items including a gain on disposal in 2007 CRE = Constant rates of exchange

JLT Group plc :: Preliminary Results for the year ending 31st December Retail %10% %19%36.619% London Market %7% %15%26.514% Risk & Insurance %8% %17%63.116% Employee Benefits87.68%7% %17%13.717% Central Overheads---(18.7)(18.7)--(14.7) %8% %14%62.113% Actual Growth at CREActualat CREActualat CREProfitMargin 2008 turnover & trading profit Turnover Trading ProfitTrading MarginTrading £M

JLT Group plc :: Preliminary Results for the year ending 31st December Australia/NZ78.219%9% %24%16.325% Asia %11% %21%6.921% Europe67.212%8% %17%10.317% Canada22.421%10% %16%2.513% Latin America20.829%15% %18%1.38% Insurance Management4.327%19% %2%(0.7)(22%) %10% %19%36.619% Actual Growth at CREActualat CREActualat CREProfitMargin Retail Strong revenue growth across all regions Turnover Trading ProfitTrading MarginTrading £M

JLT Group plc :: Preliminary Results for the year ending 31st December JLTL119.09%5% %15%15.114% Actual Growth at CREActualat CREActualat CREProfitMargin London market operations JLTL largest contributor to trading profit Turnover Trading ProfitTrading MarginTrading £M Lloyd & Partners47.115%13% %17%6.817% JLT Re48.911%6% %13%4.611% %7% %15%26.514%

JLT Group plc :: Preliminary Results for the year ending 31st December Actual Growth at CREActualat CREActualat CREProfitMargin London market operations Lloyd & Partners – a truly international business Turnover Trading ProfitTrading MarginTrading £M JLTL119.09%5% %15%15.114% Lloyd & Partners47.115%13% %17%6.817% JLT Re48.911%6% %13%4.611% %7% %15%26.514%

JLT Group plc :: Preliminary Results for the year ending 31st December Actual Growth at CREActualat CREActualat CREProfitMargin London market operations JLT Re – year on year progress Turnover Trading ProfitTrading MarginTrading £M JLTL119.09%5% %15%15.114% Lloyd & Partners47.115%13% %17%6.817% JLT Re48.911%6% %13%4.611% %7% %15%26.514%

JLT Group plc :: Preliminary Results for the year ending 31st December Employee Benefits Investing for the future Actual Growth ProfitMarginProfitMargin Turnover Trading £M Employee Benefits (UK) 87.68%15.117%13.717%

JLT Group plc :: Preliminary Results for the year ending 31st December JLT a sustainable growth story.

JLT Group plc :: Preliminary Results for the year ending 31st December JLT - Our vision A balanced group enhanced by bolt-on acquisitions Global representation, capacity and placing power without a flag in every country Retail operations that support our speciality strengths Working with US independents to provide risk transfer services to US corporates High quality operational processes and efficiencies as good as any in the industry.

JLT Group plc :: Preliminary Results for the year ending 31st December Investing for growth Initiatives - New hires –New initiatives ICAP JLT Insurantz.com Thistle Underwriters Plus many others within the business

JLT Group plc :: Preliminary Results for the year ending 31st December Investing for growth Bolt-on Acquisitions During 2008 – 9 acquisitions –Total net investment, including estimated deferred consideration of £22.8 million –Total annualised revenues of £16.3 million.

JLT Group plc :: Preliminary Results for the year ending 31st December Generating growth Working together 120 offices across 36 countries With correspondents and associates in over 120 counties Providing a distinctive choice.

Financial Review Jim Rush Group Finance Director 3rd March 2009

JLT Group plc :: Preliminary Results for the year ending 31st December Profit and loss £M Change Underlying trading profit Investment income / finance costs / associates (1.4) Underlying PBT Exceptional items and impairment(2.4)12.7(15.1) PBT (2.4) Tax expense(28.0)(22.0)(6.0) Minorities(1.2)(0.8)(0.4) PAT (after minorities) (8.8) EPS29.6p33.7p(4.1p) Underlying PAT (after minorities) Underlying EPS30.4p26.0p4.4p Total dividend per share20.5p20.5p-

JLT Group plc :: Preliminary Results for the year ending 31st December Underlying diluted EPS Pence 23.8p 26.0p + 9.2% Dividend maintained at 20.5p for the full year 30.4p %

JLT Group plc :: Preliminary Results for the year ending 31st December Underlying operating cost ratio % 87.2% % 85.8% 2008

JLT Group plc :: Preliminary Results for the year ending 31st December Underlying operating costs by operation £M 2008 Change %2007 Jardine Lloyd Thompson Ltd % Lloyd & Partners (including Bermuda) % JLT Re % % London Market businesses: Retail % Employee Benefits % Central costs and new initiatives % %

JLT Group plc :: Preliminary Results for the year ending 31st December USD/GBP achieved FX rates and hedging Average market rates$2.00$1.85 Hedging rates achieved as at 27 Feb 2009$1.72$1.57$1.46 Revenue % - Hedged85%65%20% Market forward rates as at 27 Feb 2009$1.42$1.42$1.42 Revenue % - Unhedged15%35%80% Potential achieved rates after hedging$1.67$1.51$1.43 Revenue % - Hedged + Unhedged100%100%100% Actual achieved rates after hedging$1.85$1.81 Revenue %100%100% Value of c$250M revenue in £M£135£138£150£165£175 Approximate YOY revenue impact in £M(£2)£3£12£15£10 ActualsForward rates

JLT Group plc :: Preliminary Results for the year ending 31st December Cash flow £M Underlying EBITDA Exceptional items paid(1)(7) EBITDA11695 Interest/tax/other(13)(16) Net working capital movements(11)(27) Normal CAPEX(18)(13) Shares acquired – Employee trust / share ‘buy-back’ (20)(8) Net (acquisitions)/disposals (20)(9) Pension deficit funding – UK/USA/Canada (11)(34) 23(12) Dividends paid(44)(46) Foreign exchange13- (8)(58)

JLT Group plc :: Preliminary Results for the year ending 31st December Balance sheet £M Change Goodwill and intangibles Deferred net tax assets29209 Fixed assets28244 Associates and investments Net working capital(43)3(46) Net pension deficit(29)(27)(2) Net (debt) (9)(1)(8)

Dominic Burke Group Chief Executive A sustainable growth story 3rd March 2009

JLT Group plc :: Preliminary Results for the year ending 31st December Uncertain trading conditions Insurance is a defensive industry Will any insurance rates increases be out- weighed by falling economic activity? The benefit of favourable FX movements being off-set by falling interest rates.

JLT Group plc :: Preliminary Results for the year ending 31st December JLT - sustainable growth The right structure and people A track record of strong growth Continued pipe line of growth initiatives Clear focus on managing costs Financially strong and able to take advantage of acquisition opportunities.

JLT Group plc :: Preliminary Results for the year ending 31st December Outlook " The Group enters 2009 in good shape and this is demonstrated by the results we have reported in The current economic outlook remains difficult, but assuming no material deterioration from here, we would expect JLT to make further progress in 2009."

3rd March 2009 Good growth in all businesses Preliminary Results for the year ended 31st December 2008

JLT Group plc :: Preliminary Results for the year ending 31st December Underlying EBITDA calculation £M Underlying trading profit Add-back: Amortisation of staff share options Depreciation and other amortisation Profit from associates Investment income (excluding own funds) Underlying EBITDA

JLT Group plc :: Preliminary Results for the year ending 31st December Net debt £M 31 Dec Dec 2007 Cash and investments : Cash and cash equivalents Available-for-sale cash deposits: Non-current Current Less: fiduciary cash (insurance creditors)(460.0)(309.3) Own funds Borrowings : Committed borrowings(69.0)(50.0) Uncommitted/other borrowings(1.3)(1.6) (70.3)(51.6) Net debt(8.6)(0.9)

JLT Group plc :: Preliminary Results for the year ending 31st December Currency impact on PBT 12 months to 31 Dec Dec 2007 £M (A) Transactional impact UK subsidiaries (mainly USD) 3.4(1.9) Overseas subsidiaries(0.3)(0.5) 3.1(2.4) (B) Translational impact (mainly AUD, CAD & EUR) 4.4(0.1) Total exchange effect7.5 (2.5)

JLT Group plc :: Preliminary Results for the year ending 31st December Foreign exchange exposure sensitivity Hedging positions85%65%20% Potential achieved rate if balance sold forward based off a spot rate of: (current rate) As at 27 th February 2009 To US Dollar income earned in the UK

JLT Group plc :: Preliminary Results for the year ending 31st December Achieved interest rates on investment income Sterling 5.2%5.2% 5.3%5.0% 2.0% US Dollars5.0%5.1% 3.1%2.8% 1.0% Current Market 27th Feb H2H1H2H