PRESS RELEASE

For Immediate Release - 06/22/2001

AXA Financial Selected By ComputerWorld As "One Of The Top 100 Places To Work In IT"

New York, NY – AXA Financial, Inc. has been selected as one of the leading places to work in information technology in the U.S. by Computerworld. The selection is noted in the IT newspaper’s ninth annual 100 Best Places to Work in IT rankings, which are featured in the June 4 issue of Computerworld.

Computerworld surveyed companies based on a series of criteria that prospective employees find most important. Companies were measured on diversity, training, career development, benefits, hot projects, and retention, and the results were combined to select the overall best companies. Computerworld found that the top 100 IT companies had the following three principals in common: information technology was central to their success; management took an active role in employee careers from the day they were hired; and no walls existed between IT and the business units.

Bill Levine, AXA’s CIO, commented, "This is a strong tribute to an extremely talented group of managers and staff whose skills, loyalty and commitment are exceptional. This environment makes coming to work every day fun, exciting and highly productive. Their achievements have been noteworthy, particularly during the past two years as our new business strategy – focusing on financial planning and asset management – has evolved and the demands on everyone have been enormous."

Computerworld conducted an online survey of CIOs, vice presidents and hiring executives at Fortune 1000 companies and major high-tech consulting firms from January through March 2001. Criteria for the Best Places list included revenue size and a minimum IT staff of 15. Two hundred and thirty companies met the criteria and were evaluated to create the Top 100 list. For a complete list of the "100 Best Places to Work" or individual category lists, visit www.computerworld.com/bestplaces.

About Computerworld
Based in Framingham, Mass., Computerworld, Inc. is a complete information services company for the IT Leader community, providing print and online publications, books, conferences and research services. Computerworld, the company’s flagship weekly newspaper for IT leaders, has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper. With a circulation of 250,000, Computerworld has a total audience of 935,200, according to IntelliQuest CIMS v.7.0. News and resources for the IT Leader community are available at www.computerworld.com.

Computerworld is a business unit of International Data Group (IDG), the world’s leading IT media, research and exposition company. IDG publishes more than 300 magazines and newspapers and 4,000 book titles and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 270 targeted Web sites in 70 countries.

IDG is also a leading producer of 168 computer-related expositions worldwide, and provides IT market analysis through 50 offices in 43 countries worldwide. Company information is available at www.idg.com.

About AXA Financial
AXA Financial, Inc., a wholly owned subsidiary of AXA Group, 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, Equitable Distributors, Inc., Alliance Capital Management, LP, and Sanford C. Bernstein & Co., LLC. AXA Group is a worldwide leader in financial protection and asset management. AXA's operations are geographically diverse, with major operations in Western Europe, North America and the Asia/Pacific area.