PRESS RELEASE

AXA EQUITABLE SUPPORTS INSURANCE LEGISLATION INTRODUCED IN U.S. HOUSE OF REPRESENTATIVES

New York, NY - July 26, 2007 - AXA Equitable Life Insurance Company strongly supports legislation introduced in the U.S. House of Representatives calling for the creation of an optional national regulator for its industry. Companion legislation to The National Insurance Act of 2007 (S40), the bill was introduced in the 110^th Congress yesterday by Reps. Melissa Bean (D-IL) and Ed Royce (R-CA). It would allow insurance companies and producers to choose whether to remain subject to the current state-by-state regulatory system or opt for a new, streamlined national system.

The resulting regulatory efficiencies could reduce life insurance costs by more than $5.7 billion, according to a recent study by Dr. Steven Pottier of the University of Georgia.

"We believe that the time has come to recognize the substantial financial and non-financial costs to consumers of the current outdated state insurance regulatory structure," said Christopher "Kip" Condron, Chairman and Chief Executive Officer of AXA Equitable.

The adoption of an optional federal charter (OFC) would ideally achieve several important results. Among the goals it would accomplish are the following:

• Eliminate inconsistent regulatory standards that stifle innovation and impede consumers' access to products and services, thereby ensuring that all Americans have the same options, regardless of where they live;
• Enhance consumer protections by initiating federal enforcement of a standardized set of rules; and
• Streamline licensing procedures and compliance with market conduct rules by allowing insurers and producers to choose federal instead of state-by-state oversight.

Mr. Condron noted that the OFC would benefit individual consumers as well as the insurance industry. "Considering that life insurers play an increasingly important role in our national economy by providing financial security to millions of people, we urge members of Congress to ensure that this legislation is passed," he said.

Today, an insurance company doing business nationally is subject to 56 sets of regulations - one for each state plus the District of Columbia and five U.S. territories. Due to the varying nature of these localized regulations, the same products and features are not available in every state. The OFC proposal calls for a national regulator that would allow insurers to choose to be subject to either a federal or a state charter based on their operations and needs.

"On behalf of AXA Equitable, I thank Representatives Royce and Bean for their leadership in recognizing the critical need for reform of the insurance regulatory system and introducing companion legislation to The National Insurance Act of 2007 (S40)," concluded Mr. Condron.

AXA Equitable previously endorsed similar legislation that was introduced in May in the U.S. Senate. The National Insurance Act of 2007, which was sponsored by Sens. John Sununu (R-NH) and Tim Johnson (D-SD), proposed modernizing current insurance regulations and establishing a national framework for uniform consumer protection.

About AXA Equitable

AXA Equitable Life Insurance Company, in business since 1859, is a leading issurer of life insurance and annuity products in all 50 states. The company has over 11,000 employees and sales personnel and approximately 4.8 million policy/contract holders nationwide.

AXA Equitable products and services are co-distributed by AXA Advisors, LLC, and AXA Distributors, LLC. All guarantees are based on the claims-paying ability of AXA Equitable Life Insurance Company.

AXA Equitable is a sponsor of the Variable Annuities Knowledge Center (www.variableannuityfacts.org), an online resource aimed at helping consumers understand the facts surrounding variable annuities. The Variable Annuities Knowledge Center, which is operated by a stand-alone non-profit organization, is overseen by an independent advisory board.