Watson Wyatt Introduces VIPitech in the United States

Actuarial Modeling Tool for Life Insurance Industry Already in Demand in Europe, Asia
WASHINGTON, November 19, 2007 – Watson Wyatt Worldwide, a leading global
consulting firm, announced it will begin offering VIPitech, its powerful
and highly successful financial and actuarial modeling tool, to financial
services companies in the United States.

“The introduction of VIPitech comes as financial services companies face
increased regulatory, accounting and risk management requirements,” said
Craig Buck, leader of Watson Wyatt’s North American insurance and financial
services consulting group. “This is prompting companies — especially life
insurers — to look to manage capital more effectively by fully
understanding the risks underlying their businesses.”

Unlike many of today’s systems, VIPitech is a powerful management
information and reporting tool that offers users the flexibility to model
any aspect of their business, including complex reporting requirements,
within the framework of a single, scalable and auditable model. Initially
launched in 2006, VIPitech has received strong interest worldwide and now
has a client base of more than 70 companies in 41 countries.

VIPitech builds on 15 years of experience in delivering and maintaining
advanced actuarial software. VIPitech’s flexible, easy-to-use interface
enables users to handle a wide range of financial analyses, including
statutory valuations, product pricing, financial reporting, stochastic
projections, business planning, asset liability management and evaluation
of alternative risk management strategies.

“VIPitech has been very successful since we began offering it last year in
the European and Asian markets,” said Philip Brook, global director of
insurance and financial services consulting at Watson Wyatt. “Based on the
strong feedback we’ve received from users, we are pleased to make VIPitech
available to U.S. companies and deliver a product that clients will value
tremendously.”

For more information on VIPitech, please visit www.watsonwyatt.com

About Watson Wyatt Worldwide

Watson Wyatt (NYSE: 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 31
countries and is located on the Web at www.watsonwyatt.com.
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