WASHINGTON, June 4 /PRNewswire-FirstCall/ -- Watson Wyatt, a leading global consulting firm, announced today that it has opened an office in Moscow. The setting up of the Moscow office is a response to increasing demand for Watson Wyatt's range of services in Russia. "Watson Wyatt has been working with multinationals with a presence in Russia for nearly 20 years," said Babloo Ramamurthy, European Regional Manager for Watson Wyatt. "We are delighted to be opening an office in Moscow to service our existing clients and to grow our offering to Russian companies." The initial focus of the Moscow-based team, led by Vladimir Resnick, will be on providing consulting services to insurance and financial services companies, and human capital and strategic reward consulting. The firm plans to expand the range of services available from its Moscow office to include employee benefits consulting in the near future. "The opportunities in Russia are tremendous," said Vladimir Resnick, managing consultant of Watson Wyatt's Moscow office. "Our initially small, on-the-ground presence strengthens our service offering to existing and prospective multinational clients operating in Russia and, as importantly, responds to a growing demand for our expertise from our Russian clients." Watson Wyatt Worldwide Watson Wyatt (NYSE:WWNASDAQ: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 7,700 associates in 34 countries and is located on the web at http://www.watsonwyatt.com/ DATASOURCE: Watson Wyatt Worldwide CONTACT: Bruce Wraight, +44-1737-273370, , or Steve Arnoff, +1-703-258-7634, Web Site: http://www.watsonwyatt.com/

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