PR Newswire/Les Echos/ AXA PRESS RELEASE PARIS, NOVEMBER 29, 2013 AXA to sell its Romanian operations AXA announced today it has entered into an agreement with Astra Asigurari to sell its Life & Savings insurance operations in Romania and exit the Romanian market. Astra Asigurari is one of the leading Romanian insurance groups. The parties agreed not to disclose the terms and conditions of the transaction. Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals. ABOUT THE AXA GROUP The AXA Group is a worldwide leader in insurance and asset management, with 160,000 employees serving 102 million clients in 57 countries. In 2012, IFRS revenues amounted to Euro 90.1 billion and IFRS underlying earnings to Euro 4.3 billion. AXA had Euro 1,116 billion in assets under management as of December 31, 2012. 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: Individual Shareholder Relations: Mattieu Rouot: +220.127.116.11.46.85 +18.104.22.168.48.43 Jennifer Lejeune: +22.214.171.124.39.27 Yael Beer-Gabel: +126.96.36.199.47.93 Florian Bezault: +188.8.131.52.59.17 Clémence Houssay: +184.108.40.206.73.22 Varvara Romanenco : +220.127.116.11.73.63 Media Relations: Garance Wattez-Richard: +18.104.22.168.46.42 Guillaume Borie: +22.214.171.124.49.98 Hélène Caillet: +126.96.36.199.55.51 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, 2012, 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. The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication. -0- Dec/02/2013 07:16 GMT
AXA to sell its Romanian operations
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