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New York Life Insurance Company Appoints Eileen Slevin As Chief Information Officer

Veteran Executive Oversees Company’s Technology Functions

NEW YORK, N.Y., NOVEMBER 5, 2007 – New York Life Insurance Company announced today that Senior Vice President Eileen T. Slevin has been elected Chief Information Officer. She reports to Executive Vice President and Chief Administrative Officer Frank Boccio.

Directing a staff of more than 1,300 technology professionals in six U.S. locations, Ms. Slevin is responsible for setting the strategic technology direction of New York Life as the leader of the Company’s Corporate Information Department, which provides a wide range of technology services for New York Life customers, employees and agents. She also has direct management responsibility for two other strategic areas of the Company: Business Resilience and Corporate Internet.

Ms. Slevin joined New York Life in 1977 in the Group Insurance Department, and was promoted to assistant vice president in 1988, corporate vice president in 1991 and vice president in 1993. After a transfer to the Corporate Information Department in 1995, Ms. Slevin was elected senior vice president in 1999. Ms. Slevin has also served two terms in the company’s Management Advisory Council and currently is a steering committee member of New York Life’s Political Action Committee.

Ms. Slevin received a bachelor’s degree from Herbert H. Lehman College, City University of New York, and has been a member of the Health Insurance Association of American (HIAA) since 1979.

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 Insurance Company Appoints Eileen Slevin As Chief Information Officer

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