AllianceBernstein Announces December 31, 2012 Assets Under Management

    AllianceBernstein Announces December 31, 2012 Assets Under Management

PR Newswire

NEW YORK, Jan. 10, 2013

NEW YORK, Jan. 10, 2013 /PRNewswire/ --AllianceBernstein L.P. and
AllianceBernstein Holding L.P. (NYSE: AB) today announced that preliminary
assets under management increased to $430 billion from $426 billion during
December 2012. The 1% increase was driven by positive investment returns and
continued total net inflows. Net inflows to Retail and Institutions were
partially offset by Private Client net outflows.

AllianceBernstein L.P. (The Operating Partnership)
Assets Under Management ($ in Billions)
               At December 31, 2012                                    At Nov
                                                                       30
               (preliminary)                                           2012
                                               Private
               Institutions       Retail       Client       Total      Total
Equity
 Value      $      25     $        $        $       $   
                                   16          16           57       57
 Growth     7                  18           14           39         39
Total Equity   32                 34           30           96         96
Fixed Income   146                78           32           256        255
Other^(1)      42                 32           4            78         75
Total          $     220      $        $        $       $   
                                  144           66          430       426
               At November 30, 2012
Total          $     218      $        $        $   
                                  141           67          426
(1) Includes Index, Structured, Asset Allocation services, and certain
other alternative investments

Cautions Regarding Forward-Looking Statements

Certain statements provided by management in this news release are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to
risks, uncertainties, and other factors that could cause actual results to
differ materially from future results expressed or implied by such
forward-looking statements. The most significant of these factors include,
but are not limited to, the following: the performance of financial markets,
the investment performance of sponsored investment products and
separately-managed accounts, general economic conditions, industry trends,
future acquisitions, competitive conditions, and current and proposed
government regulations, including changes in tax regulations and rates and the
manner in which the earnings of publicly-traded partnerships are taxed.
AllianceBernstein cautions readers to carefully consider such factors.
Further, such forward-looking statements speak only as of the date on which
such statements are made; AllianceBernstein undertakes no obligation to update
any forward-looking statements to reflect events or circumstances after the
date of such statements. For further information regarding these
forward-looking statements and the factors that could cause actual results to
differ, see "Risk Factors" and "Cautions Regarding Forward-Looking Statements"
in AllianceBernstein's Form 10-K for the year ended December 31, 2011 and
subsequent Forms 10-Q. Any or all of the forward-looking statements made in
this news release, Form 10-K, Forms 10-Q, other documents AllianceBernstein
files with or furnishes to the SEC and any other public statements issued by
AllianceBernstein, may turn out to be wrong. It is important to remember that
other factors besides those listed in "Risk Factors" and "Cautions Regarding
Forward-Looking Statements", and those listed above, could also adversely
affect AllianceBernstein's financial condition, results of operations and
business prospects.

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 December 31, 2012, AllianceBernstein Holding L.P. owned approximately37.9%
of the issued and outstanding AllianceBernstein Units and AXA, one of the
largest global financial services organizations, owned an approximate65.5%
economic interest in AllianceBernstein.

Additional information about AllianceBernstein may be found on our website,
www.alliancebernstein.com.

SOURCE AllianceBernstein

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