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New York Life Announces National Vietnamese Market Conference

Company's First Networking and Training Seminar for Agents Serving the Vietnamese Market

NEW YORK, N.Y., April 19, 2005 — New York Life Insurance Company announced today that it is holding its first conference for New York Life agents who serve the Vietnamese market. The national conference is being held in Santa Clara, California on April 23, 2005, and its purpose is to provide in-language instruction and support to its agents working with the Vietnamese-American community. Conference events will include training workshops, networking opportunities and a keynote address by Steve Ray, senior vice president in the Pacific Zone.

"New York Life agents are committed to meeting the financial needs of the communities we serve. As the Vietnamese market in the United States grows in size and affluence, it is important for New York Life to invest in conferences like this to recruit and train agents who serve this specific community," said Paul Morris, senior vice president in charge of the Agency Department. "Through our products, New York Life offers policyholders peace of mind for their families, an important value shared by the Vietnamese community."

"It means a great deal to us to be one of the only life insurance companies to offer this level of service and support to our field serving the Vietnamese market," said Lily Ku, assistant vice president and Vietnamese Market manager. "We expect a great turnout at this meeting - the first for the Vietnamese Market - which will go a long way in providing our agents with the tools and skills necessary to continue to meet the financial needs of the Vietnamese community."

The Vietnamese Marketing Unit is dedicated to supporting the Vietnamese agents and field managers, to increase outreach to the Vietnamese community. Services offered to the Vietnamese community include: a Vietnamese language Web site and concept papers; and sponsorship of Vietnamese festivals and fairs across the country. In addition, New York Life supports philanthropic programs in Vietnam such as the Hanoi Medical University Vietnam Family Medicine Development Project.

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, and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

Please visit New York Life's Web site at www.newyorklife.com for more information.

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New York Life Announces National Vietnamese Market Conference

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