Media Contacts:

Jeff Tolvin
212-314-2811
jeffrey.tolvin@axa-financial.com

Matt Klein
212-314-2919
matthew.klein@axa-financial.com

Equitable Wins Dalbar Seal Of Excellence For
The Accumlator And Equi-Vest Statements

New York, NY, - DALBAR, Inc. recently announced that The Equitable Life Assurance Society of the United States, a member of the global AXA Group, has been awarded the DALBAR Seal of Excellence for its Accumulator and EQUI-VEST Statements. The Seal is awarded to outstanding statements that effectively and efficiently meet the needs of investors. Before awarding the Seal, DALBAR conducts a series of tests on the statements to establish that they meet the principal objectives of its audience.

According to DALBAR the results of these tests indicate that the Accumulator and EQUI-VEST statements successfully meet the requirements of investors and are outstanding in distinguishing themselves from many competitors by reporting on how the portfolio has performed since its inception, isolating market performance from the additions and withdrawals and keeping financial professionals central to the relationship with contract holders. The financial professional's name, phone number and address are prominently highlighted on the first page of the statements, stressing their important role in helping contract holders make appropriate investment decisions.

"Equitable recognizes the importance of providing our annuity clients and financial professionals with timely information in a user-friendly format, said Raymond T. Burke, a vice president at Equitable. "We are proud that our Quarterly Statements reflect that commitment to excellence in communication."

The award of the DALBAR Seal gives Equitable the right to display the image of the Seal on the Accumulator and EQUI-VEST Statements or make reference to them for twelve months. To view Equitable’s DALBAR awards, go to http://dalbarinc/awards/equitable.com.

AXA Financial, Inc., with approximately $441 billion in assets under management as of June 30, 2002, 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. The global AXA Group's operations are diverse geographically, with major operations in Western Europe, North America and the Asia/Pacific region. AXA Group had $792 billion in assets under management as of June 30, 2002 and reported revenues of approximately $36 billion for the six months ending June 30, 2002. 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.