AXA — M&A Activity 2015

Jul 3, 2015

AXA PRESS RELEASE

PARIS, JULY 3, 2015

Termination of the sale and purchase agreement between AXA, Certinvest and SIF Transilvania

The agreement with Certinvest and SIF Transilvania to sell AXA's Life & Savings insurance operations in Romania, announced on December 18, 2014, has lapsed.

AXA is reviewing its strategic options considering the interests of its clients and employees in Romania.

ABOUT THE AXA GROUP

Clemence Houssay: +33.1.40.75.73.22 Sulabh Kakkar: +33.1.40.75.48.91 Varvara Romanenco: +33.1.40.75.73.63

The AXA Group is a worldwide leader in insurance and asset management, with 161,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA's American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme's Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.

THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE

www.axa.com

Investor Relations:	+33.1.40.75.46.85	Individual Shareholder Relations:	Media Relations:	+33.1.40.75.46.74
Andrew Wallace-Barnett:+33.1.40.75.46.85		+33.1.40.75.48.43	Garance Wattez-Richard:	+33.1.40.75.46.42
Florian Bezault:	+33.1.40.75.59.17		Hélène Caillet:	+33.1.40.75.55.51
François Boissin:	+33.1.40.75.39.82		Jean-Baptiste Mounier:	+33.1.40.75.49.68
Aurore Chaussec:	+33.1.40.75.96.20

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 the section "Cautionary statements" in page 2 of AXA's Document de Référence for the year ended December 31, 2014, for a description of certain important factors, risks and uncertainties that may affect AXA's business. 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.