Update on Proposal to AXA APH Committee of Independent Directors
December 16 2009 - 9:13PM
PR Newswire (US)
PARIS, Dec. 16 /PRNewswire-FirstCall/ -- AXA takes note of the
offer made by National Australia Bank Limited (NAB) to the AXA APH
committee of independent directors and of the committee's rejection
of the revised proposal put forward by AMP and AXA on December
12th. AXA will review the situation, in light notably of the
exclusivity agreement between AMP and AXA. AXA and its advisors
have had no contact or discussions with the National Australia Bank
regarding their proposal. 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. For full year 2008, IFRS revenues amounted
to Euro 91.2 billion and IFRS underlying earnings to Euro 4.0
billion. AXA had Euro 981 billion in assets under management as of
December 31, 2008. 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. 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 predictions 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, 2008, 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.
DATASOURCE: AXA CONTACT: AXA Investor Relations: Etienne
Bouas-Laurent, +33.1.40.75.46.85, Gilbert Chahine,
+33.1.40.75.56.07, Paul-Antoine Cristofari, +33.1.40.75.73.60,
Sylvie Gleises, +33.1.40.75.49.05, George Guerrero,
+1-212-314-2868, or AXA Media Relations: Christophe Dufraux,
+61.3.96.59.30.00, Emmanuel Touzeau, +33.1.40.75.46.74, Laurent
Secheret, +33.1.40.75.48.17, Armelle Vercken, +33.1.40.75.46.42 Web
Site: http://www.axa-equitable.com/
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