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JoAnn Tizzano
AXA
212-314-2979

Shawn Taylor Zelman
NAWBO
703-506-3268

National Association Of Women Business Owners® Welcomes Axa Financial As A Corporate Partner

MCLEAN, VA -- The National Association of Women Business Owners (NAWBO^®) is pleased to announce that AXA Financial has become a 2005 Patron level corporate partner. NAWBO and AXA Financial formed this alliance to help women entrepreneurs achieve and exceed their personal and professional financial goals. The relationship promotes a mutually beneficial business opportunity for women business owners.

“NAWBO is delighted that AXA Financial has chosen to support women’s entrepreneurship through this partnership.” said Beverly Inman-Ebel, NAWBO’s national president and chief executive officer of TLC Talk Listen Communicate, LLC in Chattanooga, Tenn. “Both the financial expertise that AXA Financial can offer to small business owners across the country, as well as the strong corporate commitment AXA has shown to develop women leaders make them an ideal corporate partner for NAWBO.”

“In a way, all of our women financial professionals grow their businesses like    entrepreneurs and, as a company, we are committed to helping women entrepreneurs achieve their personal and business financial planning goals,” stated Heide Sacher, director of AXA’s Women’s Markets Program.  “NAWBO provides women executives and business owners with strong leadership training, peer networking, best practice sharing, and ongoing business development opportunities, which matches AXA’s goals for our women.  We are proud to be a corporate sponsor.”

AXA’s Women’s Markets Program was created to help enhance and increase relationships among women throughout the organization; to build the businesses of AXA’s women financial professionals; and to train all of AXA’s financial professionals in understanding the unique financial needs of women. This national program continually strives to enhance a female-friendly work environment and to identify market approaches designed to significantly increase the number of women employees and clients.

The NAWBO corporate partner program offers corporations the opportunity to cultivate a relationship with the fastest growing segment of the business community—women entrepreneurs. In addition, partnerships, such as the one with AXA Financial, help NAWBO fund important initiatives that allow the association to deliver greater benefits to its members, including resources to help them grow their businesses.

About AXA Financial: AXA Financial is one of the premier U.S. organizations providing financial protection and wealth management through its strong brands: AXA Equitable Life Insurance Company, AXA Advisors, LLC, Alliance Capital Management, L.P., Sanford C. Bernstein & Co., LLC, AXA Distributors, LLC, and the MONY family of companies, including MONY Life Insurance Company, U.S. Financial Life Insurance Company, Advest, Inc., and Lebenthal, a division of Advest, Inc. (Member: NYSE, FINRA, SIPC.)   AXA Financial had approximately $551.28 billion in assets under management as of September 30, 2004.  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 over $1 trillion in assets under management as of June 30, 2004. 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.

About NAWBO: Founded in 1975, NAWBO propels women entrepreneurs into economic, social and political spheres of power worldwide. Nearly 30 years later, NAWBO is still the only organization that solely represents the interest of women entrepreneurs in all industries. The organization’s mission is to strengthen the wealth-creating capacity of its members and promote economic development; to create innovative and effective change in the business culture; to build strategic alliances, coalitions and affiliations; and to transform public policy and influence opinion makers. Visit www.nawbo.org for more information.