WTC Records Folder 0124 Clippings label, Sept 2001

NYC 9/11 Public Portal Document z 09/24/01 11:15 FAX 212 980 9578 S&B LL? f~002/003

Media Contact: Kevin Foley 212-578-4132 kfole (a,metlife.com

Investor Contact: Kevin Helmintoller 212-578-5140 heltnintoller(anetlife.com

MetLife Invests $1 Billion in Equities America's Future CEO Says We Must Get Back to the Business of Building had NEW YORK, September 21, 2001 —MetLife Inc. (NYSE: MET) announced it stocks. The invested Si billion today in a broad array of publicly traded common company said this was the beginning of a program to sigtiftcantly increase our investment in the public equity markets. making MetLife chairman and chief executive officer Robert H. Benmosche said "We are and its this strong move today because we have enormous confidence in our country long term and this investment is economy. Our investment philosophy has always been consistent with it.

"While we are very much focused on the payment of claims to beneficiaries arising out of the September 11 tragedy, we nevertheless believe that we must heed the words of President Bush and get back to the business of building America's future. Our financial look strength and the dedication of our employees enable us to fulfill our obligations and to the horizon of the American economy.

"The President has told us that the fight against terrorism will not be won overnight. It is important that we not be blinded in our economic thinking by the understandable emotional reaction to recent events. We must remember that it is earnings that drive are markets and we believe the long-term prospects for earnings growth and the economy quite positive."

MetLife, Inc., through its subsidiaries and affiliates, is a leading provider of insurance and other financial services to individual and group customers. The MetLife companies serve approximately nine million individual households in the U.S. and companies and institutions with 33 million employees and members. It also has international insurance operations in 13 countries. # # #

This release contains statements which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to trends in the company's operations and financial results and the business and -more-

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