Fact Card Update. Great News! Effective September 18, 2006, there will be additions to the

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1 Variable Annuities Fact Card Update Great News! Effective September 18, 2006, there will be additions to the Variable Annuities investment portfolio line-up. The total number of variable investment portfolios available under the Variable Annuities will increase to 76. Variable annuity contract values will fluctuate and are subject to market risk, including the possibility of loss of principal. Variable annuity contracts have limitations. For costs and complete details of coverage, call your financial professional or insurance-licensed registered representative. Charges for optional features selected apply and are deducted from the annuity account value. This material is not a complete description of all material provisions of the contract and must be preceded or accompanied by a current Variable Annuities prospectus and applicable prospectus supplements. The prospectus contains more complete information, including investment objectives, risks, charges and expenses. Please read these documents carefully before purchasing a contract. Variable annuities are long-term investment products designed for retirement purposes. In essence, an annuity is a contractual agreement in which payment(s) are made to an insurance company, which agrees to pay out an income or a lump sum amount at a later date. There are fees and charges associated with variable annuities which include, but are not limited to, mortality and expense risk charges, sales and surrender charges, administrative fees, and charges for optional benefits. Withdrawals of taxable amounts are subject to ordinary income tax and, if made prior to age , may be subject to an additional 10% federal income tax penalty. Variable Annuities are issued by AXA Equitable Life Insurance Company (New York, NY) and is co-distributed by AXA Advisors, LLC and AXA Distributors, LLC (New York, NY). Contract form #s: 94ICA/B, 94ICIA/B, 95IM, 2002BASEA/B, and any state variations. AXA Equitable, AXA Advisors and AXA Distributors are affiliated companies and do not provide tax and legal advice. Variable Annuities: Are Not Deposits of Any Bank Are Not FDIC Insured Are Not Insured by Any Federal Government Agency Are Not Guaranteed by Any Bank or Savings Association May Go Down in Value GE (9/06) Cat. # (9/06)

2 Variable Annuities: Are Not a Deposit of Any Bank Are Not FDIC Insured Are Not Insured by Any Federal Government Agency Are Not Guaranteed by Any Bank or Savings Association May Go Down in Value Important Notes This summary is not a complete description of all material provisions of the contract and must be preceded or accompanied by a current deferred variable annuity prospectus and any applicable prospectus supplements, which contain detailed information about the contract, including risks, charges and expenses, and investment objectives. You should read this summary and the prospectus carefully before purchasing a contract, which is included in the kit. In addition to the prospectus, the Build, Enhance and Protect brochure provides a summary of the product features, costs and restrictions. Deferred Variable Annuity Description A flexible payment deferred variable annuity, offering you a way to build, enhance and protect your assets. Variable annuities are long-term investment products designed for retirement purposes. The variable investment portfolios offered in this contract will fluctuate in value and are subject to market risk, including loss of principal. All guarantees described herein are subject to the claims-paying ability of AXA Equitable Life Insurance Company. Guarantees do not apply to variable investment portfolios. Markets & Issue Ages After-Tax (Non-Qualified): Inherited IRA: Rollover IRA, Roth Conversion IRA, Rollover TSA: Qualified Plan (Defined Contribution): Flexible Premium IRA: Flexible Premium Roth IRA: [Ages 0 19 as a custodian under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA). May vary in some states.] If you are purchasing an annuity contract as an Individual Retirement Account (IRA), or Tax-Sheltered Annuity (TSA), or to fund an employer retirement plan (QP or Qualified Plan), you should be aware that such annuities do not provide taxdeferral benefits beyond those already provided by the Internal Revenue Code. Before purchasing one of these annuities, you should consider whether its features and benefits beyond tax deferral meet your needs and goals. You may also want to consider the relative features, benefits and costs of these annuities with any other investment that you may use in connection with your retirement plan or arrangement. Investment Amounts Initial Minimum: Subsequent Minimum: Maximum: $5,000: ($2,000 Flex Premium IRA & Flex Premium Roth IRA) $500: Non-Qualified, Rollover TSA & QP $50: Rollover IRA, Roth Conversion IRA, Flex Premium IRA & Flex Premium Roth IRA $1,000: Inherited IRA $1.5 million (may be exceeded with company consent) $500,000 (for issue ages 81 85)

3 Withdrawing Your Money Free Withdrawal Amount: Access up to 10% of the beginning-of-contract-year account value free of withdrawal charges. Declining Contingent Withdrawal Charge: On withdrawals of contributions in the contract less than 7 full years. (In Pennsylvania, rate may vary based on annuitant age at issue. In New York, rate may vary for allocations and transfers from the FMOs.) Percentage based on premiums/contributions. Year: Thereafter 7% 6% 5% 3% 1% 0% Fees & Charges Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59 1 /2, may be subject to an additional 10% federal income tax penalty. Withdrawal charges may be waived under certain circumstances. See the prospectus for details. Annual Contract Fee: Lesser of 2% of annuity account value or $30 in the 1st and 2nd contract years; thereafter, $30 (waived if account value exceeds $50,000). Investment Portfolio Expenses: Over 60 investment portfolios from which to choose. Percentage charges vary by the investment portfolios selected. Total expenses incurred by the underlying portfolios range from 0.55% to 3.14% annually (as of 12/31/04) and are calculated as a percentage of the average daily net assets invested in each variable investment portfolio. Current charges may be different. Refer to the prospectus for portfolio-specific expense information. Annual Contract Charges (based on annuity account value, in the variable investment portfolios): Mortality and Expense Risks (M&E): 0.75% Administration: 0.30% Distribution: 0.20%

4 Optional Features at No Additional Charge See the Build, Enhance and Protect brochure, the prospectus and any prospectus supplements for details about benefits and restrictions where applicable. Guaranteed Principal Benefit (GPB) Option 1 (Not available if electing Principal Protector SM or Guaranteed Income Benefit) Standard Death Benefit Spousal Protection Beneficiary Continuation Option Investment Simplifier Dollar Cost Averaging 10 Fixed Maturity Options (FMOs) (Subject to age and state availability; depending on interest rates, FMOs may not be available) Guaranteed Interest Option (May be subject to restrictions) Optional Features at an Additional Annual Charge See the Build, Enhance and Protect brochure, the prospectus and any prospectus supplements for details about benefits and restrictions where applicable. Guaranteed Income Benefit (GIB) (Not available if electing Principal Protector SM or GPB Option 1 or 2): Principal Protector SM 5% annual withdrawal option: Principal Protector SM 7% annual withdrawal option: Guaranteed Principal Benefit (GPB) Option 2 (Not available if electing Principal Protector SM or GIB): Annual Ratchet to age 85 Death Benefit: Greater of Annual Ratchet or 6% Compounding to age 85 Death Benefit; in Washington, the Death Benefit is the Greater of the Annual Ratchet or 4% Compounding to age 85 (Not available if electing Principal Protector SM ): 0.65% of Benefit Base 0.35% of Account Value 0.50% of Account Value 0.50% of Account Value 0.25% of Benefit Base 0.60% of Benefit Base Protection Plus SM (Not available if electing Principal Protector SM ): 0.35% of Account Value Not all features and benefits are available in all jurisdictions and all markets. Please note, the annual increase is 3% for some investment portfolios and under certain circumstances. Contact your financial professional or see the prospectus for more complete information.

5 Choose from a Wide Variety of Portfolios from Some of the Industry s Most Experienced Investment Managers The investment objectives of certain investment portfolios may be similar to those of other investment portfolios managed by the same investment advisor. No representation is made, and there can be no assurance given, that any investment portfolio results will be comparable to the investment results of any other investment portfolio, including another portfolio with the same investment advisor or manager. The portfolio s investment results may be expected to differ and may be higher or lower than the investment results of such other portfolio. Certain types of contracts, features and benefits may not be available in all jurisdictions. This contract has limitations. For costs and complete details of coverage, contact your financial professional/insurance-licensed registered representative. is a registered service mark and Protection Plus SM and Principal Protector SM are service marks of AXA Equitable Life Insurance Company, New York, NY Issued by: AXA Equitable Life Insurance Company (AXA Equitable), New York, NY Co-distributed by: AXA Advisors, LLC and AXA Distributors, LLC, New York, NY Contract form #s: 94ICA/B, 94ICIA/B, 95IM, 2002BASEA/B, 2001CIAWA and any state variations 2005 AXA Equitable Life Insurance Company. All rights reserved Avenue of the Americas, New York, NY 10104, (212) Visit our Web site at GE (9/05) Cat. # (10/05)