News Release

In the news release, Brown & Brown, Inc. (NYSE: BRO - News) Announces $200,000,000 Private Debt Placement, issued earlier today by Brown & Brown, Inc. over PR Newswire, we are advised by a representative of the company that the second paragraph, second and third sentences, should read "The closing on the Series B Notes occurred on July 15, 2004. The closing on the Series A Notes is scheduled to occur on September 15, 2004" rather than "The closing on the Series A Notes occurred on July 15, 2004. The closing on the Series B Notes is scheduled to occur on September 15, 2004" as originally issued inadvertently.