Sanford C. Bernstein Boosts Asia Research Team with Three New Analyst Launches

Sanford C. Bernstein Boosts Asia Research Team with Three New Analyst Launches

Latest Launches Bring More Depth to the Region

PR Newswire

NEW YORK, Nov. 1, 2012

NEW YORK, Nov. 1, 2012 /PRNewswire/ -- Sanford C. Bernstein continues to boost
its research team in Asia with the recent launch of three additional analysts.
Today's launch by Kenneth Tsang, who covers the Asia Property sector,
increases the total number of Bernstein analysts covering Asian equities in
the region.

Over the last few months, newly launched analysts Vanessa Lau, an industry
expert in the Asia Metals and Mining sector, and Kevin Kwek, who covers South
East Asian banks, added to the growth of our Asia investment research firm.

Sanford C. Bernstein is known for hiring industry experts to bring in-depth
fundamental research to its clients. Prior to joining Bernstein, Kenneth
Tsang was Head of Research and Strategy for Asia Pacific at LaSalle Investment

Kevin Kwek joined Bernstein from Standard Chartered Bank in Singapore where
his most recent role was the Regional Head of Strategy for Singapore and
Southeast Asia.

Vanessa Lau previously worked at Alcoa Inc, one of the world's largest
aluminum producers, as the Chief Financial Officer for the Global Rolled
Products group, responsible for finance, strategy and M&A.

"We are delighted about the expansion of our Asia-based team," said Ghislain
de Charentenay, Asia's Director of Research at Sanford C. Bernstein. "The Asia
Pacific region is extremely important to us globally and to our clients. We
remain committed to maintaining our high quality brand of deep-dive research
and offering our clients the best research in the industry."

Sanford C. Bernstein's research is highly regarded in the financial services
sector. Many investors have come to depend on our high-caliber research and
hard-hitting, in-depth, independent analysis. Sanford C. Bernstein's Research
Analysts are acknowledged thought leaders and typically have years of
experience in the industries they cover. The company will announce additional
launches in the months ahead to add to our extensive global community of
Research Analysts.

About Sanford C. Bernstein

Sanford C. Bernstein is an investment research firm and equities broker that
was founded in the United States in 1967 and in the UK in 1999.The firm is
widely recognized as Wall Street's premier sell-side research firm. Its
research is sought out by leading investment managers around the world, and
the firm is annually ranked at the top of its industry. In independent surveys
of major institutional clients, Bernstein's research is ranked #1 for overall
quality, industry knowledge, most trusted, best detailed financial analysis,
major company studies, most useful valuation frameworks and best original
research. In Institutional Investor's latest annual client survey, the leading
survey by which analysts in this industry are evaluated, all of the firm's US
analysts were recognized as among the best in their respective fields. The
firm began operations in Hong Kong in 2010, covering a range of sectors across

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers
high-quality research and diversified investment services to institutional
investors, individuals and private clients in major world markets.

At September 30, 2012, AllianceBernstein Holding L.P. (NYSE: AB) owned
approximately 37.9% of the issued and outstanding AllianceBernstein Units and
AXA, one of the largest global financial services organizations, owned an
approximate 64.2% economic interest in AllianceBernstein.

Additional information about AllianceBernstein may be found on our internet

SOURCE AllianceBernstein

Contact: Janine Canham, Asia Media, 852 2918 5739,
or Jonathan Freedman, U.S. Media, +1-212-823-2687,
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