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Sara Badler Joins New York Life as a Vice President and Associate General Counsel

Ms. Badler Had Prior Service with New York Life From 1994-1999

NEW YORK, N.Y., November 19, 2004 — New York Life Insurance Company announced today that Sara Badler has joined the Office of the General Counsel as vice president and associate general counsel, reporting to Senior Vice President & Deputy General Counsel Thomas English. Ms. Badler is responsible for the Distribution Unit of the law department, providing advice and counsel to the Agency Department and NYLIFE Securities.

Prior to joining New York Life, Ms. Badler worked for Morgan Stanley, where she was Executive Director responsible for all legal work associated with their U.S. equity mutual funds. She also has previous experience with Van Kampen Investments, Inc., Oppenheimer Management Corporation and Damson Oil Corporation, as well as prior service with New York Life from 1994-1999 in the asset management unit of the Office of the General Counsel.

Ms. Badler received her Bachelor of Arts from Cornell University, her Juris Doctorate from the Fordham University School of Law and her M.A. from Bank Street College of Education. She resides in New York City.

New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. Headquartered in New York City, New York Life's family of companies offers life insurance, annuities and long-term care insurance. New York Life Investment Management LLC provides institutional asset management, retirement planning and trust services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

Contacts:
Terri Marchon
New York Life
212-576-5624

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Sara Badler Joins New York Life as a Vice President and Associate General Counsel

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