AllianceBernstein Announces January 31, 2013 Assets Under Management

     AllianceBernstein Announces January 31, 2013 Assets Under Management

PR Newswire

NEW YORK, Feb. 12, 2013

NEW YORK, Feb. 12, 2013 /PRNewswire/ --AllianceBernstein L.P. and
AllianceBernstein Holding L.P. (NYSE: AB) today announced that preliminary
assets under management increased to $437 billion from $430 billion during
January 2013. The 1.6% increase was driven by positive investment returns and
a fifth consecutive month of total net inflows, as net inflows to Institutions
more than offset Retail and Private Client net outflows.

AllianceBernstein L.P. (The Operating Partnership)
Assets Under Management ($ in Billions)
               At January 31, 2013                                    At Dec
               (preliminary)                                          2012
               Institutions           Retail     Client     Total     Total
 Value      $      26        $  15     $  17    $  58    $   
 Growth     8                      19         14         41        39
Total Equity   34                     34         31         99        96
Fixed Income   145                    79         32         256       256
Other^(1)      44                     34         4          82        78
Total          $     223         $ 147      $  67    $ 437     $  
               At December 31, 2012
Total          $     220         $ 144      $  66    $ 430
(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, 2012. 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,

SOURCE AllianceBernstein

Contact: Andrea Prochniak, Investors, +1-212-756-4542,; or Jonathan Freedman, Media,
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