AXA Financial, Inc. Vice Chairman and Chief Financial Officer Stanley B. Tulin to Retire at Year-End 2006

May 17,2006 00:00 by PR-Newswire

Will Serve as Vice Chair Emeritus

NEW YORK, May 17 /PRNewswire-FirstCall/ -- AXA Financial, Inc. today
announced that Stanley B. Tulin, Vice Chairman and Chief Financial Officer
of AXA Financial, Inc. and Executive Vice President and member of the
executive committee of AXA Group, advised the company he will retire
effective December 31, 2006. The announcement was made by Christopher M.
"Kip" Condron, President and CEO of AXA Financial.

"Stan Tulin has earned a reputation as one of the finest financial,
operational and actuarial strategists in the life insurance industry," said
Mr. Condron. "He will continue to be a key member of the executive team and
lead the talented group of executives in his organization through an
orderly transition at year-end. Beyond 2006, he will be available to us in
his capacity as Vice Chairman Emeritus."

In commenting on his decision, Mr. Tulin noted, "AXA Financial has a
great management team with considerable talent and my main focus in the
next seven months is being part of our continued success and working with
Kip to manage a smooth succession process."

"In his capacity as an executive of the AXA Group, Stan Tulin has
brought his considerable talents to bear in leading our life earnings
analysis and embedded value reporting efforts as well as our global life
and savings product development initiatives," said Denis Duverne, member of
AXA Group's Management Board and Chief Financial Officer. "He has also been
instrumental in enhancing our relationship with the investor community in
the U.S. and in Europe. In that regard Stan will continue to be involved in
our investor meetings and presentations throughout 2006."

Stan Tulin joined AXA Equitable in 1996 as Senior Executive Vice
President and Chief Financial Officer. In 1997 he became Executive Vice
President and Chief Financial Officer of AXA Financial and in 1998 was
named Vice Chairman and a director of AXA Equitable.

Prior to joining AXA Equitable, Mr. Tulin was Co-Chairman of Coopers &
Lybrand's Insurance Industry Practice, with broad responsibilities for
services delivered to the life insurance industry, both domestically and
internationally, including audit, tax, actuarial, management and systems
consulting.

Before joining Coopers & Lybrand, L.L.P., Mr. Tulin was with Milliman &
Robertson, Inc. for 17 years, where he developed a large actuarial and
strategic planning group that addressed a broad range of industry issues,
particularly mergers and acquisitions. From 1983 to 1988, he served as the
consulting actuary to the Rehabilitators of the Baldwin-United Corporation
Life Company subsidiaries in rehabilitation.

Mr. Tulin is a Fellow of the Society of Actuaries; member of the Board
of Trustees of The Actuarial Foundation; Board member of the American
Council of Life Insurers and a frequent speaker at actuarial and insurance
industry conferences. Among other community activities, Mr. Tulin is a
Board member and Treasurer of the Jewish Theological Seminary; member of
the Board of Overseers at Brandeis University Graduate School of
International Economics and Finance, and active in numerous cultural
organizations.

About AXA

AXA Financial is one of the premier U.S. organizations in financial
protection and wealth management through its strong brands: AXA Equitable
Life Insurance Company, AXA Advisors, LLC, AllianceBernstein, L.P., Sanford
C. Bernstein & Co., LLC, AXA Distributors, LLC, and the MONY family of
companies, including MONY Life Insurance Company, and U.S. Financial Life
Insurance Company. Member: NYSE, NASD, SIPC. AXA Financial had
approximately $643.4 billion in assets under management as of December 31,
2005. AXA Financial is a member of the global AXA Group, a worldwide leader
in financial protection and wealth management. AXA Group's operations are
diverse geographically, with major operations in Western Europe, North
America and the Asia/Pacific region. AXA Group had $1.3 trillion in assets
under management as of December 31, 2005. The AXA ordinary share is listed
and trades under the symbol AXA on the Paris Stock Exchange. The AXA
American Depositary Share is also listed on the NYSE under the ticker
symbol AXA.

SOURCE AXA Financial, Inc.
Web Site: http://www.axa.com

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