AXA Group 1Q09 Activity Indicators

PARIS - Resilient revenues Total revenues were down 2% to EUR27,598 million On a comparable basis, revenues were down 5%: - Life & Savings down 7% to EUR16,453 million - Property & Casualty up 1% to EUR9,113 million - Asset Management down 34% to EUR762 million Positive insurance net inflows Life & Savings: EUR +3.3 billion P&C: +296,000(1) net new personal contracts Asset Management: EUR-17.4 billion Enhanced Solvency(2) March 31, 2009 Solvency I ratio slightly above 2008 year-end level of 127%

Chairman’s statement

“First quarter total revenues were slightly down, in line with trends observed in 4Q08″, said Henri de Castries, Chairman of AXA’s Management Board.

“Life & Savings revenues continued to be impacted by a negative market environment, notably for the Unit-Linked business. We believe, however, that long-term savings (including variable annuities) and protection products remain well adapted to customers’ needs, and that the continued product redesign across the board will allow us to continue our successful long-term development in a profitable way. Moreover it is pleasing to see sustained positive Life & Savings net inflows.”

“Asset Management revenues declined mostly as a result of lower assets under management. However, improved 1Q09 investment performance makes us confident in the capacity of our Asset Management business to recover.”

“Property & Casualty business continued to grow in most business lines and countries, with positive net new personal contracts.”

“As anticipated, our Solvency I ratio proved resilient in this turbulent environment and will allow us to absorb further possible market shocks.

We expect the environment to remain difficult throughout 2009, but we remain convinced that AXA has the business model, flexibility and strength to face the current global economic recession.”

1Q09 KEY HIGHLIGHTS /

Revenues : Key figures Euro million, except Change Change when otherwise noted 1Q08 1Q09 on a reported Comp.(a) Scope & FX basis basis Other impact(b) Life & Savings revenues 16,877 16,453 -2.5% -7.4% +0.7pt +4.2pts Net inflows (Euro billion) 4.0 3.3 APE(3) (Group share) 1,939 1,604 -17.3% -18.5% +0.1pt +1.2pts NBV(4) (Group share) 277 206 -25.7% -30.0% NBV to APE margin (Group share) 14.3% 12.8% -1.5pts -2.0pts Property & Casualty revenues 8,885 9,113 +2.6% +1.1% +2.9pts -1.4pts International Insurance Revenues 1,136 1,179 +3.8% +3.3% +0.9pt -0.4pt Asset Management revenues 1,071 762 -28.9% -34.3% +0.1pt +5.3pts Net inflows (Euro billion) 3.5 -17.4 Total revenues 28,066 27,598 -1.7% -5.2% +1.3pts +2.2pts (a) Change on a comparable basis was calculated at constant FX and scope. (b) Mainly due to appreciation of USD and JPY against Euro partly offset by the depreciation of the GBP.

Numbers herein have not been audited. APE and NBV are both in line with the Group’s EEV disclosure. They are non-GAAP measures, which Management uses as key indicators of performance in assessing AXA’s Life & Savings business and believes to provide useful and important information to shareholders and investors.

All comments are on a comparable basis (constant Forex, scope and methodology) Revenues and net inflows - Total Revenues were resilient, down 5% to Euro 27,598 million. - Life & Savings revenues were down 7% to Euro 16,453 million, in line with trends observed in 4Q08 (down 8%), due to continued adverse market conditions. Net inflows were positive (Euro +3.3 billion) with strong positive contributions across the board driven by increased client retention. New Business Volume (APE(3)) was down 18% to Euro 1,604 million, with unit-linked share down from 46% to 40%. New business margin was down 2.0 pts to 12.8%, mostly as a result of (i) lower interest rates impacting “Variable Annuity” Accumulator products, (ii) higher unit costs across the board due to lower volumes, partly offset by (iii) favorable business mix mainly driven by the US (progressive development of new redesigned Accumulator products), as well as Japan and the UK. - Property & Casualty revenues increased by 1% to Euro 9,113 million, driven by higher volumes both in Personal and Commercial lines. Net new personal contracts amounted to +296,000. - Asset Management revenues were down 34% to Euro 762 million, in line with trends observed in 4Q08 (down 32%), due to lower management fees (-37%) mainly driven by lower average assets under management (-27%) and unfavorable change in product mix (-10%), as well as a reduced contribution from distribution fees. Net outflows amounted to Euro -17.4 billion (mainly at AllianceBernstein). Solvency - AXA’s European consolidated Solvency I ratio on March 31, 2009 is estimated(2) to be slightly above Dec 31, 2008 level of 127%. Moreover, the solvency of our local entities remained resilient, including in the US where 1Q09 IFRS earnings(5) are expected to be positive with no negative contribution from Variable Annuity hedging results.

LIFE & SAVINGS /

Life & Savings Negative new business momentum but positive net inflows - Life & Savings revenues were down 7% to Euro 16,453 million, in line with trends observed in 4Q08 (down 8%), due to continued adverse market conditions. Net inflows were positive (Euro +3.3 billion). The evolution versus 1Q08 was due to lower inflows (Euro -2.2 billion) partly offset by higher client retention (Euro +1.8 billion) with an adverse Forex and scope impact (Euro -0.4 billion).

Net Inflows by country/region Euro billion 1Q08 1Q09 United States 0.8 0.6 France 0.7 1.0 United Kingdom(a) -0.3 -0.4 NORCEE(6) 2.3 1.5 Asia Pacific(7) 0.5 0.4 MedLA(8) 0.0 0.2 Total L&S Net Inflows 4.0 3.3 (a) UK Net Inflows, excluding with-profit funds, stood at Euro -0.1 billion in 1Q09

- New Business Volume (APE(3))was down 18% (or down 3% sequentially, ie. versus 4Q08) to Euro 1,604 million, mainly due to: (i) Adverse financial environment: - Decline in individual investments & savings sales mainly in the US, Australia, the UK and Belgium, notably due to financial market turmoil - Decrease in group life sales in Switzerland as a result of limited client turnover in the market (ii) Negative impact from one-off events, mainly in Japan (bankruptcy of a major independent agent) and Germany (non recurring 2008 Riester incentive measures) (iii) Partly offset by a solid performance in France, with successful developments in group business. The unit-linked share was down from 46% to 40%, notably impacted by the decrease in Variable Annuity type products’ APE, down 20% to Euro 290 million (US down 22%, Rest of World down 9%).

Annual Premium Equivalent by country/region Euro million Change on a Change on a 1Q08 1Q09 reported comparable basis basis United States 418 327 -21.8% -31.9% France 357 387 +8.5% +8.5% United Kingdom 333 228 -31.5% -17.8% NORCEE(6) 433 335 -22.7% -24.5% Asia Pacific(7) 299 227 -24.3% -27.8% MedLA(8) 99 101 +1.9% -10.0% Total Life & Savings APE 1,939 1,604 -17.3% -18.5%

New business margin was down 2.0 pts to 12.8%, mostly as a result of (i) lower interest rates impacting Accumulator products, (ii) higher unit costs across the board due to lower volumes, partly offset by (iii) favorable business mix mainly driven by the US (progressive development of new redesigned Accumulator products), as well as Japan and the UK.

Note: Actuarial and financial assumptions are not updated on a quarterly basis, except for interest rates which are hedged at point of sale for Variable Annuity products

Detail by country:

The United States

New business APE decreased 32% to Euro 327 million, in line with trends observed in 4Q08, driven by (i) lower Variable Annuity sales (-22%) mainly in the wholesale channel due to difficult equity market conditions and redesigned products with lower benefits, (ii) lower mutual funds sales through proprietary channels (-52%), and (iii) lower Life sales (-38%), mainly in the wholesale channel, following Universal Life product redesign in 1Q08.

NBV margin was down 6.2 points to -1.0%, primarily as a result of lower interest rates negatively impacting the Variable Annuity profitability and higher unit costs (due to lower volumes), partly offset by the improved business mix following progressive development of new redesigned Accumulator products (November 2008 and February 2009). A new version with lower roll-up rate will be launched in June 2009 to further restore profitability in line with our long-term targets.

France

New business APE was up 8% to Euro 387 million, driven by Group business (+82%), boosted by both retirement and protection sales, partly offset by Individual lines (-14%) impacted by the decrease in unit-linked products sales.

NBV margin was down 1.4 points to 3.4% mainly due to lower share of individual unit-linked products.

The United Kingdom

New business APE was down 18% to Euro 228 million, mainly as a result of lower offshore and onshore bonds’ sales due to lower consumer confidence stemming from the challenging financial environment, as well as lower individual pension sales, partly offset by Protection.

NBV margin was up 0.9 point to 9.1% due to a favorable shift from savings towards higher margin protection business, partly offset by higher unit costs.

Northern Central & Eastern Europe - Germany new business APE was down 13% to Euro 132 million mainly as a result of non recurring 2008 Riester incentive measures and decreasing Twinstar variable annuity product sales, partly offset by a one-off increase in the Health business before legal changes later in 2009. NBV margin was down 4.1 points to 14.5% primarily due to negative investment experience on Twinstar products as a result of lower interest rate. - Switzerland new business APE was down 26% to Euro 123 million mainly due to limited new business opportunities in Group Life (-30%) as a result of limited client turnover in the market due to adverse financial environment, combined with a stable individual business. NBV margin was down 2.1 points at 29.7% due to a slight deterioration in the individual business mix. - Belgium new business APE was down 46% to Euro 52 million due to a decrease in Individual Investment & Savings sales (-45%) for both unit-linked and non unit-linked products. However, at the same time, AXA Bank registered a strong growth in short term savings product sales. NBV margin was down 3.9 points to 5.9% mainly driven by higher unit costs as a consequence of lower volumes. - Central & Eastern Europe new business APE was down 8% to Euro 28 million, mainly driven by Poland (suspension of tax wrapper commercialization partly offset by growth in pension funds). NBV margin was up 2.6 points to 22.0% driven by decreased contribution from lower margin tax wrapper products. Asia Pacific - Japan new business APE decreased by 21% to Euro 126 million, mainly driven by the bankruptcy of a large independent agent (LINA). Excluding this one-off event, APE decreased by 4% as a result of lower sales of Term products. NBV margin was up 0.6 point to 54.7% mainly driven by a more favorable business mix following the end of LINA’s low margin product sales. - Australia/New Zealand new business APE was down 42% to Euro 56 million, mainly due to a drop in mutual fund sales as a result of negative financial market conditions, partly offset by higher traditional savings and Accumulator products. NBV margin was up 2.3 points to 9.3% mainly driven by decreasing sales of lower margin mutual funds. - Hong Kong new business APE was down 7% to Euro 30 million, mainly due to a decrease in unit-linked sales given adverse financial market conditions, partially offset by higher traditional life sales. NBV margin remained stable at 64.0%. - South East Asia & China new business APE was down 21% to Euro 15 million mainly driven by Indonesia with a drop in single premium unit- linked sales as a result of negative financial market conditions, while Thailand and China continued to increase. NBV margin was down 0.8 point to 31.6%. Mediterranean and Latin American Region (MedLA) - New business APE decreased by 10% to Euro 101 million, driven by Spain (lower contribution of traditional savings products and non recurrence of a large 1Q08 contract) and AXA Italy (lower index-linked product sales), partly offset by AXA’s Italian JV with BMPS (increased General Account sales). - NBV margin was down 0.9 point to 11.8%, as a result of lower unit- linked share (down from 40% to 14%).

PROPERTY & CASUALTY /

Property & Casualty

Continued growth across the board

Property & Casualty revenues increased by 1% to Euro 9,113 million, driven by higher volumes both in Personal and Commercial lines. Net new contracts amounted to +296,000:

Property & Casualty : IFRS revenues by country In Euro million 1Q08 1Q09 Change on a Change on a reported comparable basis basis NORCEE(6) 3,932 4,108 +4.5% +1.6% of which Germany 1,602 1,619 +1.1% +1.1% of which Belgium 637 648 +1.6% +1.6% of which 1,652 1,795 +8.6% +1.6% Switzerland France 1,821 1,864 +2.3% +2.3% United Kingdom & Ireland 1,152 968 -16.0% -0.6% MedLA(8) 1,547 1,725 +11.5% -1.6% Other countries 432 449 +4.0% +8.3% Total P&C revenues 8,885 9,113 +2.6% +1.1%

- Personal Motor revenues (35% of total P&C revenues) were up 0.6% mainly driven by Direct business (in the UK and France), Canada and Asia, partly offset by Germany, in a context of competitive pressure and lower volumes, as well as Spain due to the drop in new car sales and Turkey. Net new contracts increased by +249,000. - Personal Non-Motor revenues (22% of total P&C revenues) increased by 0.5% with overall positive price effect across the board, partially offset by a decrease in UK travel and health. Net new contracts increased by +47,000. - Commercial Motor revenues (8% of total P&C revenues) down 0.8% with contrasted contribution across the board (positive mainly in the Gulf, Belgium and Germany, negative mainly in Spain, the UK and France) in a context of mixed pricing trends. - Commercial Non-Motor revenues (35% of total P&C revenues) were up 1.4%, with positive contribution driven by France (notably property and liability businesses) and Switzerland (notably health business), partially offset by flat sales in the Mediterranean and Latin American Region and a decrease in Canada.

ASSET MANAGEMENT & INTERNATIONAL INSURANCE /

Asset Management Revenues driven by lower average Assets Under management - Asset Management revenues were down 34% to Euro 762 million, in line with trends observed in 4Q08 (down 32%), due to 37% lower management fees mainly driven by lower average assets under management (-27%) and unfavorable changes in product mix (-10%), as well as a reduced contribution from distribution fees. - Assets Under Management were down Euro 29 billion versus Dec 31, 2008 to Euro 787 billion at March 31, 2009, as a result of : - Net inflows: Euro -17 billion, in line with 4Q08 trends, mainly due to AllianceBernstein Institutional client segment - Market impact: Euro -33 billion mainly at AllianceBernstein due to adverse financial market conditions. - Forex impact: Euro +21 billion mainly as a result of the appreciation of USD versus Euro. - AllianceBernstein new developments: - Encouraging investment performance during 1Q09 (solid performance versus benchmark and peers’ average across all services, especially in Growth Equity and Fixed Income). - Mandate won with the US Treasury to provide asset management services on securities held as part of the Capital Purchase Program.

Assets Under Management Roll-forward In Euro billion Alliance AXA IM Total Bernstein AUM at December 31, 2008 331 485 816 Net inflows -15 -2 -17 Market impact -24 -9 -33 Scope & other impacts 0 0 0 Forex impact +19 +3 +21 AUM at March 31, 2008 310 477 787 Average AUM over the period 325 474 799 Change of average AUM YoY on a reported basis -36% -11% -23% Change of average AUM YoY on a comparable basis -44% -10% -27%

International Insurance

International Insurance revenues were up 3% to Euro 1,179 million, with (i) AXA Corporate Solutions Assurance up 1%, driven mainly by Marine (+11%) with positive portfolio developments, partly offset by lower volumes in Property (-7%) as well as (ii) AXA Assistance up 14%.

International Insurance IFRS revenues In Euro million 1Q08 1Q09 Change on a Change on a reported comparable basis basis AXA Corporate Solutions Assurance 889 900 +1.2% +1.3% AXA Assistance 177 194 +9.9% +14.1% AXA Cessions 53 55 +3.4% +3.4% Other International Activities 17 30 +74.8% -1.5% Total International Insurance 1,136 1,179 +3.8% +3.3%

NOTES & OTHER INFORMATION /

Notes

1 Motor and household personal contracts

2 This estimate has not been reviewed or approved by AXA’s French insurance supervisor << Autorité de Contrôle des Assurances et des Mutuelles >>

3 Annual Premium equivalent (APE) represents 100% of new business regular premiums + 10% of new business single premiums. APE is Group share

4 New Business Value

5 Estimate, unaudited

6 Northern Central and Eastern Europe: Germany, Belgium, Switzerland, Central & Eastern Europe and Luxemburg

7 Japan, Australia/New-Zealand, Hong-Kong, South East Asia & China

8 Mediterranean and Latin American Region: Italy, Spain, Portugal, Turkey, Mexico, Greece and Morocco (and Gulf region for Property & Casualty).

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.

This press release is available on the AXA Group website: www.axa.com

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 Référence 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.

APPENDIX 1: AXA Group IFRS revenues - 1Q09 vs. 1Q08 /

AXA Group IFRS revenues - contributions & growth by segment and country/region In Euro million 1Q08 1Q09 IFRS revenues change IFRS IFRS Reported Comp. basis United States 3,439 3,214 -6.6% -18.6% France 3,976 4,012 +0.9% +0.9% NORCEE 5,310 4,984 -6.1% -9.3% of which Germany 1,477 1,516 +2.7% +2.7% of which Switzerland 2,714 2,798 +3.1% -3.5% of which Belgium 989 534 -46.0% -46.0% of which Central & Eastern Europe 113 115 +2.1% +13.1% United Kingdom 935 612 -34.5% -21.4% Asia Pacific 1,897 2,188 +15.3% -0.9% of which Japan 1,132 1,377 +21.7% -7.7% of which Australia/ New-Zealand 424 468 +10.4% +25.9% of which Hong Kong 276 314 +13.6% -1.0% of which South East Asia 66 30 -54.6% -54.8% MedLA 1,291 1,417 +9.8% +4.8% Other countries 29 28 -4.4% +3.3% Life & Savings 16,877 16,453 -2.5% -7.4% NORCEE 2,932 4,108 +4.5% +1.6% of which Germany 1,602 1,619 +1.1% +1.1% of which Belgium 637 648 +1.6% +1.6% of which Switzerland 1,652 1,795 +8.6% +1.6% France 1,821 1,864 +2.3% +2.3% Mediterranean Region 1,547 1,725 +11.5% -1.6% United Kingdom & Ireland 1,152 968 -16.0% -0.6% Canada 232 237 +2.2% +10.4% Asia 200 212 +6.0% +5.9% Property & Casualty 8,885 9,113 +2.6% +1.1% AXA Corporate Solutions Assurance 889 900 +1.2% +1.3% Others 247 279 +13.0% +10.5% International Insurance(a) 1,136 1,179 +3.8% +3.3% AllianceBernstein 697 467 -33.0% -41.6% AXA Investment Managers 374 295 -21.2% -20.6% Asset Management 1,071 762 -28.9% -34.3% Banking 96 90 -6.3% -4.7% Total 28,066 27,598 -1.7% -5.2%

APPENDIX 2: Life & Savings - Breakdown of APE between unit-linked non unit-linked and mutual funds /

Breakdown of APE - 12 main countries, regions and modelled businesses Group share 1Q09 APE % UL in APE UL change on in Euro million (excl. mutual comparable funds) basis UL Non-UL Mutual 1Q08 1Q09 Funds France 57 330 - 15% 15% +5% United States 223 52 52 82% 81% -26% United Kingdom 198 29 1 90% 87% -21% NORCEE Germany 37 95 - 39% 28% -36% Switzerland 6 117 - 3% 5% +26% Belgium 2 50 - 8% 4% -76% Central & Eastern 20 8 1 66% 72% +2% Europe ASIA PACIFIC Japan 27 99 - 17% 21% -11% Australia/New-Zealand 2 17 37 24% 9% -50% Hong Kong 11 19 - 50% 38% -31% South East Asia & China 6 8 1 63% 43% -53% MedLA 13 85 3 40% 14% -67% Total 600 908 95 46% 40% -25%

APPENDIX 3: AXA Group IFRS Revenues in local currency - Discrete quarters /

(In million local currency except Japan in billion) 1Q08 2Q08 3Q08 4Q08 1Q09 Life & Savings United States 5,157 5,149 5,149 4,774 4,197 France 3,976 3,465 3,215 3,615 4,012 NORCEE of which Germany 1,477 1,478 1,468 1,810 1,516 of which Switzerland 4,342 915 843 1,010 4,188 of which Belgium 989 611 419 541 534 of which Central & Eastern Europe 113 116 121 115 115 United Kingdom 708 765 680 676 556 Asia Pacific of which Japan 185 193 207 163 174 of which Australia/ New-Zealand 701 625 748 924 918 of which Hong Kong 3,212 3,145 3,393 3,146 3,178 MedLA 1,291 1,497 920 1,104 1,417 Property & Casualty NORCEE of which Germany 1,602 597 709 621 1,619 of which Switzerland 2,643 256 159 142 2,686 of which Belgium 637 517 507 477 648 France 1,821 1,200 1,362 1,212 1,864 MedLA 1,547 1,436 1,215 2,215 1,725 United Kingdom & Ireland 873 979 901 770 881 Asia 200 176 187 185 212 Canada 349 463 437 423 385 International Insurance AXA Corporate Solutions Assurance 889 331 354 380 900 Others, including AXA RE 247 205 203 232 279 Asset Management AllianceBernstein 1,045 1,006 931 711 610 AXA Investment Managers 374 388 337 337 295 Banking & Holdings 87 89 82 110 78

APPENDIX 4: 1Q09 Property & Casualty revenues contribution & growth /

Property & Casualty revenues - contribution & growth by business line in % Personal Motor Personal Non-Motor % Gross Change on % Gross Change on revenues comp.basis revenues comp. basis France 27% +2.8% 26% +3.0% United Kingdom (a) 18% +16.2% 34% -7.2% NORCEE 38% -1.1% 18% +1.6% of which Germany 37% -3.5% 26% +1.3% of which Belgium 30% -0.1% 27% +1.5% of which Switzerland 42% +0.2% 9% +2.3% MedLA 41% -3.9% 19% +3.2% Canada 35% +19.8% 16% +16.9% Asia 71% +6.1% 5% +5.1% Total 35% +0.6% 22% +0.5% (Table Continued) in % Commercial Motor Commercial Non-Motor % Gross Change on % Gross Change on revenues comp. basis revenues comp. basis France 9% -2.3% 38% +2.7% United Kingdom (a) 6% -8.2% 39% +1.5% NORCEE 6% +3.5% 35% +1.9% of which Germany 7% +2.6% 25% +0.9% of which Belgium 8% +8.4% 33% +2.2% of which Switzerland 5% +0.7% 45% +2.2% MedLA 10% -3.1% 27% +0.2% Canada 7% +3.5% 42% -8.1% Asia 4% +21.2% 20% +2.2% Total 8% -0.8% 35% +1.4% (a) Including Ireland.

APPENDIX 5: Life & Savings New Business Volume (APE), Value (NBV) and NBV to APE margin /

in Euro million 1Q08 1Q09 Change on a 1Q08 1Q09 APE APE comparable NBV NBV basis United States 418 327 -31.9% 22 -3 France 357 387 +8.5% 17 13 United Kingdom 333 228 -17.8% 27 21 NORCEE 433 335 -24.5% 93 65 Germany 146 132 -12.7% 27 19 Switzerland 157 123 -26.4% 50 37 Belgium 96 52 -46.2% 9 3 Central & Eastern Europe 34 28 -7.8% 7 6 ASIA PACIFIC 299 227 -27.8% 104 98 Japan 133 126 -21.3% 67 69 Australia/New-Zealand 109 56 -41.7% 9 5 Hong Kong 28 30 -7.3% 18 19 South East Asia & China 29 15 -21.1% 10 5 MedLA 99 101 -10.0% 14 12 TOTAL 1,939 1,604 -18.5% 277 206 (Table Continued) in Euro million Change on a 1Q09 Change on a comparable NBV/APE comparable basis margin basis United States -112.9% -1.0% -6.2pts France -22.5% 3.4% -1.4pts United Kingdom -8.9% 9.1% +0.9pt NORCEE -32.3% 19.4% -2.2pts Germany -31.7% 14.5% -4.1pts Switzerland -31.3% 29.7% -2.1pts Belgium -67.5% 5.9% -3.9pts Central & Eastern Europe +4.6% 22.0% +2.6pts ASIA PACIFIC -18.6% 43.2% +4.5pts Japan -20.4% 54.7% +0.6pt Australia/New-Zealand -24.9% 9.3% +2.3pts Hong Kong -7.5% 64.0% -0.1pt South East Asia & China -23.1% 31.6% -0.8pt MedLA -16.4% 11.8% -0.9pt TOTAL -30.0% 12.8% -2.0pts

APPENDIX 6: 1Q09 Main Press Releases /

- 02/19/2009 Full Year 2008 Earnings - Resilient operating performance in a challenging environment - 03/17/2009 AXA to subscribe to AXA Asia Pacific Holdings’ capital increase: no impact on the Group’s Solvency, non material impact on liquidity - 03/24/2009 First year results of the AXA Research Fund: Over Euro 13 million allocated for research in 2008 - 03/27/2009 Filing of AXA’s Form 20-F with the SEC - 04/08/2009 AXA opens its first Campus in the Japan Asia-Pacific region in Singapore - 04/30/2009 AXA Shareholders’ Meeting - Approval of all resolutions submitted to a vote of shareholders Please refer to the following web site address for further details: www.axa.com/en/press/pr/

APPENDIX 7: 1Q09 operations on AXA shareholders’ equity and debt /

Shareholders’ Equity No significant operations. Debt No significant operations.

Source: AXA

AXA Investor Relations: Etienne Bouas-Laurent : +33-1-40-75-46-85 , Marie-Elodie Bazy: +33-1-40-75-97-24, 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; AXA Media Relations: Emmanuel Touzeau: +33-1-40-75-46-74, Laurent Sécheret: +33-1-40-75-48-17, Armelle Vercken: +33-1-40-75-46-42, Chris Winans +1-212-314-5519, AXA Individual shareholders Relations: +33-1-40-75-48-43