PARIS, Dec. 22 /PRNewswire-FirstCall/ -- AXA announced today it has completed the sale of AXA RE's business to Paris Re Holdings. The transaction closed on December 21, 2006. As announced on June 6, 2006, AXA has taken a 3.4% stake in Paris Re Holdings, a newly-created company sponsored by a consortium of international investors led by Stone Point Capital. About AXA: AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Western Europe, North America and the Asia/Pacific area. IFRS revenues amounted to Euro 72 billion for full year 2005 and Euro 59 billion in 9M06. The AXA ordinary share is listed and trades under the symbol AXA on the Paris Stock Exchange. The AXA American Depository Share is also listed on the NYSE under the ticker symbol AXA. This press release is available on the AXA Group web site: http://www.axa.com/ AXA Investor Relations: Etienne Bouas-Laurent: +33.1.40.75.57 25 Sophie Bourlanges: +33.1.40.75.56.07 Emmanuel Touzeau: +33.1.40.75.49.05 Kevin Molloy: +1.212.314.2893 AXA Media Relations: Christophe Dufraux: +33.1.40.75.46.74 Clara Rodrigo: +33.1.40.75.47.22 Armelle Vercken +33 1 40 75 46 42 Mary Taylor: +1.212.314.5845 IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD- LOOKING STATEMENTS Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predications of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Please refer to AXA's Annual Report on Form 20-F and AXA's Document de Reference for the year ended December 31, 2005, for a description of certain important factors, risks and uncertainties that may affect AXA's business. AXA undertakes no obligation to publicly update or revise any of these forward- looking statements, whether to reflect new information, future events or circumstances or otherwise. DATASOURCE: AXA Group CONTACT: Etienne Bouas-Laurent, +33-1-40-75-57-25, Sophie Bourlanges, +33-1-40-75-56-07, Emmanuel Touzeau, +33-1-40-75-49-05, Kevin Molloy, +1-212-314-2893, all for AXA Investor Relations; or Christophe Dufraux, +33-1-40-75-46-74, Clara Rodrigo, +33-1-40-75-47-22, Armelle Vercken, +33-1-40-75-46-42, Mary Taylor, +1-212-314-5845, all for AXA Media Relations Web site: http://www.axa.com/

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