Press Release

AllianceBernstein Investments Joins RolloverSystems Professional Network, Bolstering Rollover Solutions for Advisors

CHARLOTTE, N.C. (February 26, 2007) -- RolloverSystems, which pioneered the independent, automated 401(k) rollover platform, today announced that AllianceBernstein Investments will offer its proprietary IRA product on the RolloverMarket® Professional Network. The relationship marks a significant step for RolloverSystems as the company expands its product and service offerings for financial advisors.

With the build-out of the Professional Network, RolloverSystems opens its private label rollover and asset retention programs to financial advisors who service employer-sponsored retirement plans. Financial advisors can take advantage of automated participant communications and a self-service transaction platform that includes a choice of Rollover IRA products. By pre-populating participant data and combining IRA account opening and benefit election in one place, the RolloverSystems Professional Network streamlines the rollover process and reduces the administrative burden on all stakeholders.

"Our research shows that financial advisors are increasingly selling and servicing 401(k) plans," said Lisa Pickrum, RolloverSystems CEO. "With the addition of AllianceBernstein to our Network, advisors can take advantage of a systematic asset retention program, while offering their clients the added value of a quick and easy way to open a Rollover IRA."

"We are pleased to be a part of RolloverSystems' RolloverMarket Professional Network," said John Curry, Managing Director of AllianceBernstein's Individual Retirement Services. "We think that the best outcomes for investors are created through high-quality investment products delivered by skilled advisors--and the Network helps make sure that happens even as employees leave their company-sponsored plan".

AllianceBernstein's Rollover IRA offers flexibility in investment choices from a wide array of AllianceBernstein mutual funds covering the spectrum of asset classes, enabling advisors to create diversified portfolios for almost any investment goal.

About AllianceBernstein Investments

For 40 years, AllianceBernstein Investments, Inc. has helped investors build and preserve wealth by providing innovative investment strategies from a diverse line of investments including mutual funds, college savings (529) plans, retirement products and separately managed accounts. A globally recognized leader in growth, value and fixed-income investing, we serve over four million clients, with approximately $167 billion in assets under management for both U.S. and non-U.S. investors. Our parent company, AllianceBernstein L.P., is one of the world’s largest publicly traded asset management firms, with approximately $717 billion in assets under management at December 31, 2006.

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