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            AXA FINANCIAL REPORTS $4.2 BILLION IN LIFE INSURANCE AND
          ANNUITY PREMIUMS AND DEPOSITS(1) AND MUTUAL FUND SALES IN ITS
           FINANCIAL ADVISORY/INSURANCE SEGMENT FOR FIRST QUARTER 2004


         NEW YORK, NY, April 26, 2004 - AXA Financial, Inc., a wholly-owned
subsidiary of AXA (NYSE: AXA), said today that life insurance and annuity
premiums and deposits, and sales of mutual funds in its Financial Advisory
/Insurance segment totaled $4.2 billion for the first quarter 2004.

         AXA Financial said the first quarter 2004 total included $632 million
in total life insurance premiums and deposits, up 5% from $602 million in 2003.
First-year life insurance premiums and deposits increased 26% to $69 million. In
addition, annuity premiums and deposits totaled $2.63 billion as compared to
$2.62 billion last year; and mutual fund sales grew 39% to $942 million as
compared to $679 million a year ago.

         Individual separate account balances at the end of the first quarter
2004 were $49.9 billion, a 6% increase from the balance at December 31, 2003.
The average individual separate account balance during the first quarter 2004
was $48.9 billion, up 53% from $32.0 billion during the first quarter 2003.

         PLEASE NOTE: Premiums and deposits and mutual fund sales of the
Financial Advisory/Insurance segment of AXA Financial are not equal to French
GAAP gross revenues reported by AXA for its U.S. Life & Savings operation
because of various adjustments such as the exclusion of mutual fund sales in AXA
French GAAP gross revenues and the inclusion in AXA French GAAP gross revenues
of group pension and other insurance products premiums and deposits and other
fee revenues.

         A presentation made to analysts today regarding AXA's activities in the
United States, which includes, among other information, the information
mentioned herein, can be found at www.axa.com/default1.asp.


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(1) Excludes group pension and other insurance products premiums and deposits.






         AXA Financial, with approximately $508 billion in assets under
management as of December 31, 2003, 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 and 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 $979
billion in assets under management and reported revenues of approximately $81
billion for the full year 2003. 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.

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