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New York, NY - The Board of Directors of The Equitable Companies Incorporated (NYSE-EQ) today declared a
regular quarterly dividend of $.05 per share on the Company's common stock. The dividend is payable
on March 26, 1999 to shareholders of record on March 8, 1999.
The Equitable Companies Incorporated is one of the world's premier insurance and investment management
organizations through its primary businesses: The Equitable Life Assurance Society; Alliance
Capital Management and Donaldson Lufkin & Jenrette. The Equitable is also a key member of
the global AXA Group, one of the world's largest and most diversified insurance and financial services
companies, with assets under management of $605 billion.
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