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Gary L. Warren Joins New York Life as First Vice President

Investment Services Professional To Oversee Kansas City Advanced Markets Network

NEW YORK, N.Y., June 23, 2005 — New York Life Insurance Company announced today that Gary L. Warren, CFA has been named first vice president in charge of the company's Advance Markets Network department in Leawood, Kansas. He reports to senior vice president Robert Hebron. Mr. Warren is responsible for the Executive Benefit operation, which encompasses sales, client services and systems for all corporate-owned life insurance (COLI), bank-owned life insurance (BOLI) and Private Placement products delivered through the outside broker/consultant channels.

Mr. Warren joins New York Life from National City Corporation where he was senior vice president in Institutional Asset Management. Prior to National City, Mr. Warren was vice president at Allmerica Financial, Inc. and a COLI producer for eight years with The Todd Organization’s Pittsburgh office. He is a Chartered Financial Analyst, CFA.

Mr. Warren graduated from Grove City College with a B.S. in Management Engineering. He received a Master of Business Administration in Finance from Gannon University. He resides in Chagrin Falls, Ohio, and will be relocating to the Kansas City area.

New York Life's Advanced Markets Network operates through producers, marketing organizations, brokerage general agents and COLI and BOLI organizations that are active in the upscale wealth transfer and/or executive benefits markets.

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.

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Gary L. Warren Joins New York Life as First Vice President

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