Aon plc Announces Final Results and Settlement of Exchange Offer

       Aon plc Announces Final Results and Settlement of Exchange Offer

PR Newswire

LONDON, Dec. 12, 2012

LONDON, Dec. 12,2012 /PRNewswire/ --Aon plc (the "Company") (NYSE: AON)
announced today the final results and settlement of its offer to exchange Aon
Corporation's outstanding8.205% Junior Subordinated Deferrable Interest
Debentures due January 2027 (the "Old Notes") for the Company's new Senior
Notes due December 12, 2042 (Guaranteed by Aon Corporation) (the "New Notes")
and cash (the "Exchange Offer").


The Exchange Offer expired at 12:00 midnight, New York City time, at the end
of December 11, 2012 (the "Expiration Date").

Based on information provided by D.F. King & Co., Inc., the exchange agent for
the Exchange Offer, as of the Expiration Date, $165,946,000 aggregate
principal amount of the Old Notes had been validly tendered for exchange and
not validly withdrawn.

In accordance with the terms and conditions of the Exchange Offer, the Company
has accepted all of the Old Notes that were tendered for exchange. The
Exchange Offer settled on December 12, 2012. The Company expects to incur
approximately $3 million of costs in unallocated expenses in the fourth
quarter for transaction and advisory fees related to the Exchange Offer.

The New Notes will not be registered under the Securities Act or any state
securities laws. Therefore, the New Notes may not be offered or sold inthe
United Statesabsent registration or an applicable exemption from the
registration requirements of the Securities Act and any applicable state
securities laws. The Company has entered into a registration rights agreement
with respect to the New Notes.

This press release is not an offer to sell or a solicitation of an offer to
buy any security. The Exchange Offer is being made solely by the confidential
offering memorandum and related letter of transmittal and only to such persons
and in such jurisdictions as is permitted under applicable law.


Scott Malchow
Vice President, Investor Relations
+44 207-086-0100

David Prosperi
Vice President, Global Public Relations
(312) 381-2485

This communication contains certain statements related to future results, or
states our intentions, beliefs and expectations or predictions for the future
which are forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual results to
differ materially from either historical or anticipated results depending on a
variety of factors. Potential factors that could impact results include:
general economic conditions in different countries in which Aon does business
around the world, including conditions in the European Union relating to
sovereign debt and the continued viability of the Euro; changes in the
competitive environment; changes in global equity and fixed income markets
that could affect the return on invested assets; changes in the funding status
of Aon's various defined benefit pension plans and the impact of any increased
pension funding resulting from those changes; rating agency actions that could
affect Aon's ability to borrow funds; fluctuations in exchange and interest
rates that could influence revenue and expense; the impact of class actions
and individual lawsuits including client class actions, securities class
actions, derivative actions and ERISA class actions; the impact of any
investigations brought by regulatory authorities in the U.S., U.K. and other
countries; the cost of resolution of other contingent liabilities and loss
contingencies, including potential liabilities arising from error and
omissions claims against Aon; the failure to retain and attract qualified
personnel; the impact of, and potential challenges in complying with,
legislation and regulation in the jurisdictions in which Aon operates,
particularly given the global scope of Aon's businesses and the possibility
of conflicting regulatory requirements across jurisdictions in which Aon does
business; the effect of the change in global headquarters and jurisdiction of
incorporation, including the reaction of clients, employees and other
constituents, the effect of compliance with U.K. regulatory regimes or the
failure to realize some of the anticipated benefits; the extent to which Aon
retains existing clients and attracts new businesses and Aon's ability to
incentivize and retain key employees; the extent to which Aon manages certain
risks created in connection with the various services, including fiduciary and
advisory services, among others, that Aon currently provides, or will provide
in the future, to clients; the possibility that the expected efficiencies and
cost savings from the merger with Hewitt Associates Inc. ("Hewitt") will not
be realized, or will not be realized within the expected time period; the risk
that the Aon and Hewitt businesses will not be integrated successfully; Aon's
ability to implement restructuring initiatives and other initiatives intended
to yield cost savings, and the ability to achieve those cost savings; the
potential of a system or network disruption resulting in operational
interruption or improper disclosure of personal data; any inquiries relating
to compliance with the U.S. Foreign Corrupt Practices Act and non-U.S.
anti-corruption laws and with U.S. and non-U.S. trade sanctions regimes; and
Aon's ability to grow and develop companies that it acquires or new lines of
business. Further information concerning Aon and its business, including
factors that potentially could materially affect Aon's financial results, is
contained in Aon's filings with the SEC. See Aon's Annual Report on Form 10-K
and Annual Report to Shareholders for the fiscal year ended December 31, 2011
and our Quarterly Reports on Form 10-Q for the three months ended March 31,
2012, June 30, 2012 and September 30, 2012 and other public filings with the
SEC for a further discussion of these and other risks and uncertainties
applicable to Aon's businesses. Aon does not undertake, and expressly
disclaims, any duty to update any forward-looking statement whether as a
result of new information, future events or changes in their respective
expectations, except as required by law.

SOURCE Aon plc

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