Hilb Rogal & Hobbs Company (NYSE:HRH), one of the world’s largest insurance and risk management intermediaries, announced that its board of directors declared a quarterly dividend of $0.14 per share, payable on June 30, 2008, to shareholders of record as of June 13, 2008.

This represents an increase of 7.7% in the quarterly cash dividend rate. HRH has paid cash dividends continuously and increased its dividend annually since 1986.

About Hilb Rogal & Hobbs

Hilb Rogal & Hobbs Company (HRH) is the eighth largest insurance and risk management intermediary in the United States, with over 140 offices throughout the United States and the world. HRH helps clients manage their risks in property and casualty, employee benefits, professional liability and other areas of specialized exposure. In addition, HRH offers a full range of personal and corporate financial products and services. HRH is focused on understanding our clients’ businesses, employees and risks, as well as the insurance and financial markets, so that we can develop insurance, risk management and employee benefits solutions that best fit their needs. The company’s common stock is traded on the New York Stock Exchange, symbol HRH. More information about HRH may be found at www.hrh.com.