AXA SA.

Research, November, 2004

THE AXA GROUP

AXA is a worldwide leader in financial protection and wealth management, helping individual and institutional customers meet their financial goals. AXA offers a full spectrum of professional expertise and individualized solutions through its core business lines of life and savings, asset management, and property and casualty insurance--as well as in its international insurance activities, which include large international risks, reinsurance and assistance. AXA's operations are conducted through its various subsidiaries principally in Western Europe, North America and the Asia/Pacific area.

AXA AND ITS CUSTOMERS

The business of financial protection and wealth management involves helping to shield customers against life's...

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