Full Year 2011 Earnings Release

Starting time: 9:45 AM CET

Ending time: 12:45 PM CET

Henri de Castries

Chairman & Chief Executive Officer of AXA (2000-2016)

In 2011, the AXA Group stayed the course, proving the resilience and solidity of its business model in a particularly challenging environment. Today, the choices made within the framework of Ambition are starting to deliver.
Thanks to the diversification of our businesses, we delivered a strong set of results, increased our operating free cash flows and maintained a robust balance sheet, despite difficult market conditions. On this basis, AXA's Board of Directors will propose a stable dividend of 0.69 Euro per share to shareholders

Full Year 2011 Earnings

Underlying earnings up 2% to Euro 3.9 billion
Net Income up 49% to Euro 4.3 billion
Dividend stable at Euro 0.69 per share

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*The implementation of the AXA Miles Program, mentioned in the interview of Henri de Castries is subject to its legal and tax feasability in the various countries in which the Group is present and in the actual participation of the entities eligible for the program.