MetLife Resources Introduces Enhanced 403(b) Product

Product Offers Assistance with Clients' 403(b) Responsibilities
NEW YORK--(Business Wire)--
MetLife Resources, a division of MetLife, today announced that it
has bolstered its suite of solutions for 403(b) plans not subject to
the Employee Retirement Income Security Act (ERISA) with the launch of
an innovative new product, ExpertSelect (SM). Through ExpertSelect,
MetLife makes available the objective investment expertise of
Morningstar Associates, LLC. This new product is designed to help
employers offer 403(b) plans that have a broad range of investment
options to their employees.

"Employers are facing complex issues related to the new 403(b)
regulations, but many are using change as an opportunity to make a
fresh start and redesign their retirement savings plan," says Thomas
G. Hogan, Jr., senior vice president and head of MetLife Resources.
"Through ExpertSelect, employers can offer a plan with an attractive
mutual fund program enhanced by the investment expertise of
Morningstar Associates, LLC."

ExpertSelect offers a pre-selected mutual fund lineup designed to
help employers with the selection of products for their 403(b)
retirement plans. Created specifically for non-ERISA plans, this
product leverages Morningstar Associates' rigorous quantitative and
qualitative evaluation to provide this list of screened, high-quality
mutual funds representing a wide range of asset classes. Participants
can choose from this list, as well as a competitive fixed account
option, to build a well-diversified portfolio within their employer's
403(b) plan.

"ExpertSelect is part of our holistic approach for non-ERISA
403(b) plans, particularly in the K-12 public school market," added
Hogan. "Offering ExpertSelect along with our variable annuity
product--MetLife Financial Freedom Select (R) (MFFS(R)) variable
annuity--allows employees to choose which product better suits their
needs. Those wanting to invest in mutual funds to save for retirement
can choose ExpertSelect and those interested in a product that can
generate guaranteed income during retirement can choose MFFS."

More than 700 MetLife representatives are available at work
locations to help employees choose the funding options that will meet
their retirement goals. As their retirement savings grow, plan
participants will also have access to Wealth Management Services
available through MetLife Securities, Inc.

About Morningstar, Inc. and Morningstar Associates, LLC

Morningstar, Inc. is a leading provider of independent investment
research in North America, Europe, Australia, and Asia. The company
offers an extensive line of Internet, software, and print-based
products and services for individuals, financial advisors, and
institutions. Morningstar provides data on more than 270,000
investment offerings, including stocks, mutual funds, and similar
vehicles. The company has operations in 18 countries and minority
ownership positions in companies based in three other countries.
Morningstar Associates, LLC is a premier provider of customized
investment advisory solutions for institutions and their clients.
Morningstar Associates is a registered investment advisor and wholly
owned subsidiary of Morningstar, Inc.

Morningstar is not affiliated with MetLife or MetLife Resources
and is solely responsible for its own advice.

About MetLife Resources

MetLife Resources, a division of MetLife, provides retirement
plans and other financial services to healthcare, education, and
not-for-profit organizations. Celebrating 140 years, MetLife is a
subsidiary of MetLife, Inc. (NYSE: MET), a leading provider of
insurance and financial services with operations throughout the United
States and the Latin America, Europe and Asia Pacific regions. Through
its domestic and international subsidiaries and affiliates, MetLife,
Inc. reaches more than 70 million customers around the world and
MetLife is the largest life insurer in the United States (based on
life insurance in-force). The MetLife companies offer life insurance,
annuities, auto and home insurance, retail banking and other financial
services to individuals, as well as group insurance, reinsurance and
retirement & savings products and services to corporations and other
institutions. For more information, please visit www.metlife.com/mlr.

The fixed account option is available through annuity contracts
issued by MetLife Insurance Company of Connecticut, Hartford, CT
06103. MFFS is available through annuity contracts issued by
Metropolitan Life Insurance Company (MetLife), New York, NY 10016.
Variable annuity products are distributed by MetLife Investors
Distribution Company (member FINRA), 5 Park Plaza, Suite 1900, Irvine,
CA 92614. Product availability and features may vary by state.

Variable annuities are offered by prospectus only, which is
available from a registered representative. A customer should
carefully consider the product's features, risks, charges and
expenses, and the investment objectives, risks and policies of the
underlying portfolios, as well other information about the underlying
funding choices. Amounts allocated to the variable investment options
of an account balance are subject to market fluctuations, and when
withdrawn or annuitized, may be worth more or less than their original
value. The principal value and rate of return in a variable annuity
will fluctuate due to market conditions. Therefore, at any point in
time, the value of the annuity contract may be worth more or less than
the owner's actual investment in the contract. There is no guarantee
that any of the variable options in this product will meet their
stated goals or objectives. This and other information is available in
the prospectuses, which a customer should read carefully before
investing.

Mutual funds are offered through MetLife Securities, Inc. a
MetLife affiliate, 200 Park Avenue, New York, NY 10166. All mutual
funds are offered only by prospectus.

MetLife
Holly Sheffer Liapis, 212-578-4072
hsheffer@metlife.com
or
Judi Mahaney, 212-578-7977
jmahaney@metlife.com

Copyright Business Wire 2008