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/C O R R E C T I O N -- Brown & Brown, Inc./

October 23, 2002

In the news release, Brown & Brown, Inc. Announces Asset Acquisition of Cal-Surance Associates, Inc. and Related Insurance Operations of Charter Financial Services Corporation, issued earlier today by Brown & Brown, Inc. (NYSE: BRO) over PR Newswire, we are advised by the company that the first sentence of the first paragraph should read, ... to acquire the assets of these four companies, to be effective December 2, 2002 rather than November 1, 2002. Also, the third sentence of the first paragraph should read, It is anticipated that the closing will occur on December 2, 2002 rather than in early November 2002 as originally issued inadvertently.

SOURCE Brown & Brown, Inc.

-0- 10/23/2002 C FLW006

/PRNewswire -- Oct. 23/
(BRO)
CO: Brown & Brown, Inc.; Charter Financial Services Corporation; Cal-Surance
Associates, Inc.; United Network of Insurance Services, Inc.; Sterling
Reinsurance Intermediaries, Inc.; Lancer Claims Services, Inc.

ST: Florida, California
IN: INS
SU: TNM

BK-MH
-- FLW006A --
0118 10/23/2002 09:01 EDT http://www.prnewswire.com

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