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AXA announces the squeeze-out of the minority shareholders of AXA KONZERN AG and other streamlining operations in Germany

May 15, 2006

AXA announces the squeeze-out of the minority shareholders of its German subsidiary AXA Konzern AG ("AXA Konzern"), whereby it will acquire the 3.2% of AXA Konzern shares it does not already own at a price of Euro 134.54 per ordinary share and preference share.

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