Press Releases

Succeeds Retiring Chief Financial Officer Carl Mautz

WASHINGTON, D.C., July 21, 2008 — Watson Wyatt Worldwide, a leading global consulting firm, announced today that Roger Millay has been named chief financial officer, effective August 18. Millay will report to president and chief executive officer John Haley. The retirement of current chief financial officer Carl Mautz was previously announced in February.

Millay joins Watson Wyatt from Discovery Communications LLC, where he served as senior executive vice president and chief financial officer. At Discovery he was responsible for the global financial functions, including accounting, treasury, budgeting, audit and tax.

“Roger brings a broad financial and business management background to Watson Wyatt,” said John Haley, president and chief executive officer. “His proven leadership as a CFO, deep financial expertise and global experience will help us continue on our path of profitable growth. We are thrilled he is joining Watson Wyatt.”

Millay has over 25 years of experience in financial officer positions, including roles at Arthur Young & Company, Citigroup, GE Capital and Airgas. While serving as CFO at Airgas, he was named the Senior Financial Officer of the Year by Chemical Week.

He holds a B.A. degree from the University of Virginia, a M.S. in Accounting from Georgetown University’s Graduate School of Business and is a Certified Public Accountant.

Haley added, “I want to thank Carl for his dedication, leadership and excellent service to Watson Wyatt. We wish him all the best in retirement.”

About Watson Wyatt Worldwide
Watson Wyatt (NYSE, NASDAQ: WW) is the trusted business partner to the world’s leading organizations on people and financial issues. The firm’s global services include: managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial services companies; and delivering related technology, outsourcing and data services. Watson Wyatt has 7,000 associates in 32 countries and is located on the Web at www.watsonwyatt.com.

Contact

Ed Emerman
609-275-5162
eemerman@eaglepr.com

Steve Arnoff
703-258-7634
steven.arnoff@watsonwyatt.com

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