Jason Griffith Joins Sanford C. Bernstein As Global Head of Trading

     Jason Griffith Joins Sanford C. Bernstein As Global Head of Trading

PR Newswire

NEW YORK, Jan. 7, 2013

NEW YORK, Jan.7, 2013 /PRNewswire/ --Sanford C. Bernstein announced today
that Jason Griffith has joined the firm as the new global head of trading. He
will be reporting to Robert van Brugge, Chairman and CEO of Sanford C.

"As a 20-year industry veteran, Jason brings extensive experience in global
equities and will play an integral role in helping us to better serve our
clients," said van Brugge.

Griffith was most recently at Jefferies & Company where he was global head of
equities, responsible for overseeing cash and electronic trading, equity
derivatives, convertibles, and prime brokerage, as well as sales and research.
Prior to Jefferies, Griffith was the global head of the hedge fund investors
group and equity-linked solutions at Banc of America, and later at Societe
Generale. He holds a bachelor's degree in economics from Columbia University.

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 U.K. 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, over 90% of the
firm's U.S. 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 Asia.

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
site www.alliancebernstein.com.

SOURCE AllianceBernstein

Website: http://www.alliancebernstein.com
Contact: Andrea Prochniak, Investors, +1-212-756-4542,
Andrea.Prochniak@alliancebernstein.com, or Jonathan Freedman, Media,
+1-212-823-2687, Jonathan.Freedman@alliancebernstein.com
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