-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RX6QfwsWwp/CfwEViX7AXWQqs+O8bc9Ja3PJMP85iI5zkYZFuHRVCELH67ZD6N58
 SJUugoABew4tBBu5S9XMoA==

<SEC-DOCUMENT>0001236218-03-000042.txt : 20030916
<SEC-HEADER>0001236218-03-000042.hdr.sgml : 20030916
<ACCEPTANCE-DATETIME>20030916142144
ACCESSION NUMBER:		0001236218-03-000042
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030912
FILED AS OF DATE:		20030916

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CAFLISCH ELIZABETH M
		CENTRAL INDEX KEY:			0001214518

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16159
		FILM NUMBER:		03897387

	MAIL ADDRESS:	
		STREET 1:		1717 H STREET, N.W.
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20006

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WATSON WYATT & CO HOLDINGS
		CENTRAL INDEX KEY:			0001103126
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
		IRS NUMBER:				522211537
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		1717 H STREET N W
		STREET 2:		SUITE 800
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20006
		BUSINESS PHONE:		(202) 715-7000

	MAIL ADDRESS:	
		STREET 1:		1717 H STREET N W
		STREET 2:		SUITE 800
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20006
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c0001214518d20030916f4f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-09-12</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0001103126</issuerCik><issuerName>WATSON WYATT &amp; CO HOLDINGS</issuerName>        <issuerTradingSymbol>WW</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001214518</rptOwnerCik><rptOwnerName>CAFLISCH ELIZABETH M</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>1717 H STREET NW</rptOwnerStreet1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>WASHINGTON</rptOwnerCity><rptOwnerState>DC</rptOwnerState><rptOwnerZipCode>20006</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Vice President</officerTitle><otherText></otherText></reportingOwnerRelationship></reportingOwne
r><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Class A Common Stock</value></securityTitle><transactionDate><value>2003-09-12</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>1543</value><footnoteId id="F2"/></transactionShares><transactionPricePerShare><value>23</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>83264</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownership
Nature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeHolding><securityTitle><value>Employee Stock Option (right to buy)</value></securityTitle><conversionOrExercisePrice><value>12.5</value></conversionOrExercisePrice><exerciseDate><value>2005-10-10</value></exerciseDate><expirationDate><value>2007-10-09</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Class A Common Stock</value></underlyingSecurityTitle><underlyingSecurityValue><value>3780</value></underlyingSecurityValue></underlyingSecurity><postTransactionAmounts><valueOwnedFollowingTransaction><value>3780</value></valueOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeHolding></derivativeTable><footnotes><footnote id="F1">Stock units awarded pursuant to the Company's 2001 Deferred Stock Unit Plan for Selected Employees</footnot
e><footnote id="F2">Date of Notification: September 12, 2003</footnote></footnotes><ownerSignature><signatureName>Hong Nguyen</signatureName><signatureDate>2003-09-16</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----