Media Contacts:

New York

Marcia Tierney
AXA Financial, Inc.
212-314-3731
marcia.tierney@axa-financial.com

Equitable Redesigns Incentive Life And
Survivorship Incentive Life Products

New York, N.Y. – The Equitable Life Assurance Society of the U.S. – a wholly-owned subsidiary of AXA Financial, Inc. – has redesigned its Incentive Life (IL) and Survivorship Incentive Life (SIL) product portfolio. The new products offer several enhancements including, an increase in the preferred plus underwriting classes; higher issue ages; and an increased rate band. The announcement was made by Deanna Mulligan, executive vice president, Product and Market Management Group.

Key enhancements to the Equitable Incentive Life II and Equitable Survivorship Incentive Life II include shorter surrender charge periods, 1035 exchange carryover loan provisions and reduced insurance rates. Both products have also increased issue ages -- IL II 0-85 and SIL II 20-90/85 (if both are standard).

In addition, Equitable’s IL II and SIL II will continue to feature over 30 investment options including the AXA Premier VIP Portfolios as well as two death benefit options. Three flexible death benefit guarantees -- no lapse, extended no lapse or paid-up death benefit— allow clients to tailor their investment strategies to best match their risk tolerance.

"The multiple upgrades to IL II and SIL II give clients value-enhanced products," stated Ms. Mulligan. "Clients looking to both protect and build their wealth will be enticed by the potential to protect and build assets while providing financial security for families and businesses."

Financial products issued by The Equitable Life Assurance Society of the U.S. are distributed through AXA Distributors, LLC and AXA Advisors, LLC – both wholly-owned subsidiaries of AXA Financial, Inc. AXA Distributors is dedicated to the distribution of the company’s innovative line of variable life and variable annuity products through financial intermediaries such as banks, wirehouses and broker/dealers. AXA Advisors is a leading provider of financial products and services for consumers and businesses, working with clients to define and to help them meet their financial goals.

AXA Financial, Inc., with approximately $481 billion in assets under management as of December 31, 2001, is one of the world's premier financial services organizations through its strong brands: The Equitable Life Assurance Society of the U.S.; AXA Advisors, LLC; Alliance Capital Management L.P.; Sanford C. Bernstein & Co.; and its premier wholesale distribution organization, AXA Distributors, LLC. AXA Financial is a member of the global AXA Group, a worldwide leader in financial protection and wealth management. AXA’s operations are diverse geographically, with major operations in Western Europe, North America and the Asia/Pacific region. AXA had $802 billion in assets under management as of December 31, 2001 and reported revenues of approximately $67 billion for the full year 2001. 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

Equitable Incentive Life and Survivorship Incentive Life are issued by The Equitable Life Assurance Society of the United States (Equitable) and distributed by AXA Distributors, or AXA Advisors, LLC, New York, NY 10104, (212) 314-4600.

*All guarantees are based on the claims-paying ability of Equitable and may not be available in all jurisdictions. Please call your financial professional/licensed insurance agent for more information and a current prospectus. The prospectus describes risks, charges and expenses and investors should read it carefully before investing. Policy Form #02-100 (IL II) and #02-200 (SIL II) and state variations.