AXA Completes the Acquisition of Mexican Insurer ING Seguros

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Tue Jul 22, 2008 12:28pm EDT

PARIS, July 22 /PRNewswire-FirstCall/ -- AXA announced today it has
completed the acquisition of ING Seguros, the 3rd largest Mexican insurer.
    The transaction, which was announced on February 12, 2008, closed on July
22, 2008.
    About AXA
    AXA Group is a worldwide leader in Financial Protection. AXA's operations
are diverse geographically, with major operations in Europe, North America and
the Asia/Pacific area. AXA had Euro 1,281 billion in assets under management
as of December 31, 2007. For full year 2007, IFRS revenues amounted to Euro
93.6 billion and IFRS adjusted earnings to Euro 6.1 billion.
    The AXA ordinary share is listed on compartment A of Euronext Paris under
the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP - Reuters:
AXAF.PA). The American Depository Share is also listed on the NYSE under the
ticker symbol AXA.
 This press release is available on the AXA Group website: http://www.axa.com
    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,
2007, for a description of certain important factors, risks and uncertainties
that may affect AXA's business.  In particular, please refer to the section
"Special Note Regarding Forward-Looking Statements" in AXA's Annual Report on
Form 20-F.  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.
SOURCE  AXA

AXA Investor Relations: Etienne Bouas-Laurent, +33-1-40-75-46-85, Paul-Antoine
Cristofari, +33-1-40-75-73-60, Emmanuel Touzeau, +33-1-40-75-49-05, or George
Guerrero, +1-212-314-2868, or AXA Media Relations: Christophe Dufraux,
+33-1-40-75-46-74, Clara Rodrigo, +33-1-40-75-47-22, Laurent Secheret,
+33-1-40-75-48-17, Armelle Vercken, +33-1-40-75-46-42, or Mary Taylor,
+1-212-314-5845, or AXA Individual Shareholder Relations, +33-1-40-75-48-43
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