AllianceBernstein Announces April 30, 2009 Assets Under Management

NEW YORK, May 11 /PRNewswire-FirstCall/ -- AllianceBernstein Holding L.P.
(NYSE: AB) and AllianceBernstein L.P. today reported that during the month of
April, preliminary assets under management increased by approximately $24
billion, or 5.8%, to $435 billion at April 30, 2009, as positive investment
returns were partially offset by net outflows in all distribution channels,
principally in the Institutional Investments channel.

ALLIANCEBERNSTEIN L.P.
(THE OPERATING PARTNERSHIP)
ASSETS UNDER MANAGEMENT
($ billions)
------------------------------------- -----------
At April 30, 2009 At Mar 31,
(preliminary) 2009
------------------------------------- ------------
Institutional Private
Investments Retail Client Total Total
---------------- ------- ------- ------- ------

Equity
Value $96 $34 $21 $151 $138
Growth 47 20 14 81 76
------ ------ ------ ------ ------
Total Equity 143 54 35 232 214
------ ------ ------ ------ ------

Fixed Income 115 30 30 175 173

Other(1) 14 14 - 28 24
------ ------ ------ ------ ------
Total $272 $98 $65 $435 $411
====== ====== ====== ====== ======
---------------------------------------------------
At March 31, 2009
---------------------------------------------------
Total $258 $91 $62 $411
====== ====== ====== ======

(1) Includes Index, Structured and Asset Allocation services.

About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers
high-quality research and diversified investment services to institutional
clients, individuals and private clients in major markets around the world.
AllianceBernstein employs more than 500 investment professionals with
expertise in growth equities, value equities, fixed income securities, blend
strategies and alternative investments and, through its subsidiaries and joint
ventures, operates in more than 20 countries. AllianceBernstein's research
disciplines include fundamental research, quantitative research, economic
research and currency forecasting capabilities. Through its integrated global
platform, AllianceBernstein is well-positioned to tailor investment solutions
for its clients. AllianceBernstein also offers independent research, portfolio
strategy and brokerage-related services to institutional investors.

At March 31, 2009, AllianceBernstein Holding L.P. owned approximately 34.3% of
the issued and outstanding AllianceBernstein Units and AXA, one of the largest
global financial services organizations, owned an approximate 64.3% economic
interest in AllianceBernstein.

Cautions regarding Forward-Looking Statements
Certain statements provided by management in this news release are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to
risks, uncertainties, and other factors that could cause actual results to
differ materially from future results expressed or implied by such
forward-looking statements. The most significant of these factors include, but
are not limited to, the following: the performance of financial markets, the
investment performance of sponsored investment products and separately managed
accounts, general economic conditions, industry trends, future acquisitions,
competitive conditions, and government regulations, including changes in tax
regulations and rates and the manner in which the earnings of publicly traded
partnerships are taxed. We caution readers to carefully consider such factors.
Further, such forward-looking statements speak only as of the date on which
such statements are made; we undertake no obligation to update any
forward-looking statements to reflect events or circumstances after the date
of such statements. For further information regarding these forward-looking
statements and the factors that could cause actual results to differ, see
"Risk Factors" in Item 1A and "Cautions Regarding Forward-Looking Statements"
in Item 7 of our Form 10-K for the year ended December 31, 2008. Any or all of
the forward-looking statements that we make in this news release, Form 10-K,
other documents we file with or furnish to the SEC, and any other public
statements we issue, may turn out to be wrong. It is important to remember
that other factors besides those listed in "Risk Factors" and "Cautions
Regarding Forward-Looking Statements", and those listed above, could also
adversely affect our revenues, financial condition, results of operations and
business prospects.

SOURCE AllianceBernstein L.P.

Philip Talamo, Investor Relations, +1-212-969-2383, ir@alliancebernstein.com,
or John Meyers, Media, +1-212-969-2301, john.meyers@alliancebernstein.com