PARIS (Standard&Poor's) April 2, 2010--Standard&Poor's Ratings Services today corrected an error related to the long- and short-term counterparty credit ratings and outlook of AXA Bank Europe S.A. (ABE), a core banking subsidiary of the AXA insurance group (core operating entities insurer financial strength rating AA-/Stable). On March 30, 2010, we lowered the ratings on the AXA group to 'AA-' and assigned a stable outlook (see "AXA Group Lowered To 'AA-'; Capitalization And Operating Performance Recovering But Not Enough To Support An 'AA' Rating"). Due to an administrative error, the counterparty credit ratings and outlook on ABE were not changed at that time. We have today rectified the error by lowering the long- and short-term ratings on
