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Brown & Brown, Inc. Announces Quarterly Cash Dividend

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Brown & Brown, Inc. Announces Quarterly Cash Dividend

April 24, 2003

DAYTONA BEACH, Fla. and TAMPA, Fla., Apr 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- Brown & Brown, Inc. (NYSE: BRO) today announced that the Board of Directors has declared a regular quarterly cash dividend of $.0575 per share. The dividend is payable on May 22, 2003, to shareholders of record on May 8, 2003.

Brown & Brown, Inc. and its subsidiaries provide a broad range of insurance and reinsurance products and services, as well as risk management, employee benefit administration, and managed health care services through offices located across the United States. The Company is ranked by Business Insurance magazine as the nation's sixth largest independent insurance intermediary organization. Our Web address is www.bbinsurance.com.

SOURCE Brown & Brown, Inc.

Cory T. Walker, Chief Financial Officer, Brown & Brown, Inc.,
+1-386-239-7250
http://www.bbinsurance.com

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