NEW YORK, N.Y., February 15, 2006 — New York Life Insurance Company today announced it has launched a Korean–language Web site (www.newyorklife.com/korean) to ensure that Korean–speaking policyholders and the agents who work with them can easily access in–language information about New York Life's products and services. This comprehensive online resource for insurance and financial information provides the latest news and details about New York Life's broad range of products and services.

"The Korean–language Web site is part of New York Life's continued effort to serve the Korean community in the United States," said Janet Choi, assistant vice president of the Korean market at New York Life. "This new site offers Korean–speaking consumers a convenient and user–friendly way to learn more about the importance of life insurance products and how New York Life's agents can help them achieve their financial goals. They can also explore employment opportunities at New York Life."

The Web site offers consumers important information on insurance and financial products. An education center is available for first–time life insurance buyers that provides helpful tips when dealing with life–changing events including the birth of a child, purchasing a home, getting married and entering retirement. Customers can use the interactive forms and e–mail addresses to submit questions and requests. The site also provides access to information on career opportunities at New York Life.

Additionally, New York Life has built a comprehensive internal Web site to support agents working in the Korean market. The Korean–language intranet offers over 100 in–language materials for agents to best serve their clients.

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. Headquartered in New York City, New York Life's family of companies offers life insurance, annuities 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 Korean–language Web site at www.newyorklife.com/korean for information.

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