01.12.2005 23:30:00

Chairman and CEO Robert H. Benmosche Sets Retirement Dates; C. Robert Henrikson to Succeed Benmosche as CEO & Chairman

MetLife, Inc. (NYSE: MET) today announced that itsChairman and Chief Executive Officer, Robert H. Benmosche will retireas CEO on March 1, 2006, and as Chairman of the Board on April 25,2006, following the company's Annual Shareholder Meeting. The Board ofDirectors has elected C. Robert (Rob) Henrikson, MetLife, Inc.'sPresident and Chief Operating Officer, to succeed Benmosche as ChiefExecutive Officer and Chairman.

MetLife, Inc. announced on April 26, 2005 that Benmosche advisedthe company's Board of Directors that he would retire in the spring of2006. At that time the Board unanimously elected Henrikson to theBoard of Directors and named him to succeed Benmosche.

Henrikson, 58, became President and COO, overseeing all ofMetLife's revenue-generating businesses, including the Individual,Institutional, Auto & Home, International and Asset Managementbusiness segments, as well as MetLife Bank, in June 2004. During morethan 33 years with MetLife, he has held numerous executive positions,including President of MetLife's U.S. Insurance and Financial Servicesbusinesses from 2002 to 2004.

Benmosche, 61, who was named to his current positions in 1998, hasled the 137-year-old company through a successful demutualization andsubstantial growth in its core businesses, including MetLife's July 1,2005 acquisition of Travelers Life and Annuity and substantially allof Citigroup's international insurance businesses for $11.8 billion.

Benmosche joined MetLife as an Executive Vice President in 1995and was President and Chief Operating Officer from November 1997through June 1998. He was named Chairman of the Board, President andChief Executive Officer in July 1998. Prior to joining MetLife, hespent over 13 years at PaineWebber Group Incorporated, includingserving as Executive Vice President from 1989 to 1995.

Henrikson began his career at MetLife as a sales representative in1972, and held roles of increasing breadth and responsibility, headingup the pensions business, group insurance and retirement and savingsbusinesses, and both group and individual businesses at MetLife,representing 90% of total revenues for the company. He serves on theboards of various MetLife entities, including MetLife Auto & Home,MetLife Bank and MetLife Foundation. In addition, he has been activelyinvolved in industry organizations and initiatives, and has testifiedat Congressional, Department of Labor and other governmental hearingsregarding pension and related retirement security matters.

MetLife, Inc. is a leading provider of insurance and otherfinancial services to millions of individual and institutionalcustomers throughout the United States. Through its subsidiaries andaffiliates, MetLife, Inc. offers life insurance, annuities, automobileand homeowner's insurance and retail banking services to individuals,as well as group insurance, reinsurance and retirement and savingsproducts and services to corporations and other institutions. Outsidethe U.S., the MetLife companies have direct insurance operations inAsia Pacific, Latin America and Europe. For more information, pleasevisit www.metlife.com.

This release contains statements which constitute forward-lookingstatements within the meaning of the Private Securities LitigationReform Act of 1995, including statements relating to trends in theoperations and financial results and the business and the products ofthe company and its subsidiaries, as well as other statementsincluding words such as "anticipate," "believe," "plan," "estimate,""expect," "intend" and other similar expressions. Forward-lookingstatements are made based upon management's current expectations andbeliefs concerning future developments and their potential effects onthe company. Such forward-looking statements are not guarantees offuture performance.

Actual results may differ materially from those included in theforward-looking statements as a result of risks and uncertaintiesincluding, but not limited to, the following: (i) changes in generaleconomic conditions, including the performance of financial marketsand interest rates; (ii) heightened competition, including withrespect to pricing, entry of new competitors and the development ofnew products by new and existing competitors; (iii) unanticipatedchanges in industry trends; (iv) the company's primary reliance, as aholding company, on dividends from its subsidiaries to meet debtpayment obligations and the applicable regulatory restrictions on theability of the subsidiaries to pay such dividends; (v) deteriorationin the experience of the "closed block" established in connection withthe reorganization of Metropolitan Life Insurance Company; (vi)catastrophe losses; (vii) adverse results or other consequences fromlitigation, arbitration or regulatory investigations; (viii)regulatory, accounting or tax changes that may affect the cost of, ordemand for, the company's products or services; (ix) downgrades in thecompany's and its affiliates' claims paying ability, financialstrength or credit ratings; (x) changes in rating agency policies orpractices; (xi) discrepancies between actual claims experience andassumptions used in setting prices for the company's products andestablishing the liabilities for the company's obligations for futurepolicy benefits and claims; (xii) discrepancies between actualexperience and assumptions used in establishing liabilities related toother contingencies or obligations; (xiii) the effects of businessdisruption or economic contraction due to terrorism or otherhostilities; (xiv) the company's ability to identify and consummate onsuccessful terms any future acquisitions, and to successfullyintegrate acquired businesses with minimal disruption; and (xv) otherrisks and uncertainties described from time to time in the company'sfilings with the Securities and Exchange Commission, including its S-1and S-3 registration statements. The company specifically disclaimsany obligation to update or revise any forward-looking statement,whether as a result of new information, future developments orotherwise.

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