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New York Life Is Recognized For Encouraging Diversity

Company Named as Employer of Choice by LATINA style and Hispanic Business Magazines

New York, N.Y., September 10, 2007–For the seventh year in a row, New York Life Insurance Company was named one of the “50 Best Companies for Latinas to Work for in the U.S.” by LATINA Style magazine. And, for the first time, New York Life has been named to Hispanic Business magazine's “Diversity Elite,” with a listing in its Best Companies, Best Practices directory.

“We are proud to be recognized for our commitment to diversity and ensuring that all employees reach their full potential,” said Katherine O’Brien, vice president and chief diversity officer, New York Life. “Embracing the differences in our employees is one of the reasons New York Life attracts and retains top talent.”

New York Life will be featured in an upcoming issue of LATINA Style by virtue of its top 12 rank among the 50 Best Companies list. This annual survey of over 1,000 corporations ranks the top 50 companies for Latinas to work for in the United States and serves as a respected and important source of employment and career information for Hispanic women.

In addition, New York Life is one of 60 companies in Hispanic Business magazine's Diversity Elite 2007: Best Companies, Best Practices directory. This is the first time New York Life has been named to the list, which is in its third year. New York Life was recognized for its hiring, promotion, marketing and diversity goals. Hispanic Business magazine is a leader in original reporting on the growth, changes and trends associated with the U.S. Hispanic market.

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. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments 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 Is Recognized For Encouraging Diversity

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