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PRESS RELEASE

For Immediate Release - 03/23/2000

AXA Financial Contact:
Sheryl Thompson
212-314-3730

AXA Liberty Bowl Contact:
Harold Graeter
901-795-7700

 
AXA Financial Renews Title Sponsorship Of The AXA Liberty Bowl
 

Memphis, TN - AXA Financial, Inc., one of the world's largest diversified financial services companies, today announced that it had renewed the title sponsorship of the AXA Liberty Bowl, one of the nation's longest-running college football post-season classics.

"We are very pleased and excited to have a company of the caliber of AXA Financial as our title sponsor," said Steve Ehrhart, Executive Director of the AXA Liberty Bowl. "Over the past three years we have developed a close working relationship and found the company to be an outstanding partner in every area. We look forward to this close collaboration as we continue to elevate both the status and recognition of the AXA Liberty Bowl as one of the premier post-season events."

"Both from a branding and corporate responsibility perspective, we feel our backing of the AXA Liberty Bowl has been a win/win for everyone involved," said John Caroselli, Executive Vice President of the Company. "Each year, the TV ratings and attendance for the game have grown, as has its national prestige. In addition, through the Bowl's support of St. Jude Children's Research Hospital and associated contributions from the AXA Foundation, we have helped fund the fight against childhood diseases. It is a unique event and we are very proud of our affiliation through the title sponsorship."

The AXA Liberty Bowl, which is broadcast on ESPN, is the only post-season game guaranteed to feature two conference champions - the winners of Conference USA and the Mountain West Conference. Last year, the 13th ranked University of Southern Mississippi defeated Colorado State University 23-17 on New Year's Eve.

AXA Financial (formerly Equitable Companies) became the title sponsor in 1997. Similar to the initial agreement, the renewal is for three years. Terms were not disclosed.

About AXA Financial

AXA Financial, Inc., is one of the world's leading diversified financial services companies through it major brands - AXA Advisors, Equitable Life, Donaldson Lufkin & Jenrette, Alliance Capital and DLJdirect. The Company is a member of the global AXA Group, which has operations in over 60 nations and assets under management of more than $700 billion.


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