Axa To Delist From NYSE, To Be Traded OTC In US

PARIS (Dow Jones)--French insurance giant AXA SA (CS.FR) said Tuesday it has file a Form 25 with the U.S. Securities and Exchange Commission to voluntarily delist its American Depositary Shares from the New York Stock Exchange.

MAIN FACTS:

-The delisting is effective on March 26, and it is expected AXA's ADS will trade on the U.S. over-the counter market, quoted on the OTC QX platform.

-The last trading day of the ADS on the NYSE is expected to be March 25.

-As announced Jan. 25, following the delisting from the NYSE, AXA intends to file a Form 15F with the SEC to deregister and terminate its reporting obligations under the Exchange Act. AXA intends to file the Form 15F on March 26, and the form should become effective within 90 days.

-AXA will continue to publish its annual reports and other financial communications in both English and French, which will be available to U.S. holders and other investors through AXA's website (www.axa.com).

-AXA is Europe's second-largest insurance company in terms of market value, behind Allianz AG, of Germany.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; art.mooradian@dowjones.com

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