Published: May 17, 2010
MetLife Declares Second Quarter 2010 Preferred Stock Dividends
NEW YORK - (BUSINESS WIRE) - MetLife, Inc. (NYSE: MET) announced today that it has declared second
quarter 2010 dividends of $0.2555555 per share on the company's floating
rate non-cumulative preferred stock, Series A (NYSE: METPrA), and
$0.4062500 per share on the company's 6.50% non-cumulative preferred
stock, Series B (NYSE: METPrB). Both dividends are payable June 15, 2010
to shareholders of record as of May 31, 2010.
MetLife, Inc. is a leading provider of insurance, employee benefits and
financial services with operations throughout the United States and the
Latin America, Europe and Asia Pacific regions. Through its subsidiaries
and affiliates, MetLife, Inc. reaches more than 70 million customers
around the world and MetLife is the largest life insurer in the United
States (based on life insurance in-force). The MetLife companies offer
life insurance, annuities, auto and home insurance, retail banking and
other financial services to individuals, as well as group insurance and
retirement & savings products and services to corporations and other
institutions. For more information, visit www.metlife.com.
This press release may contain or incorporate by reference information
that includes or is based upon forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements give expectations or forecasts of future
events. These statements can be identified by the fact that they do not
relate strictly to historical or current facts. They use words such as
"anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe" and other words and terms of similar meaning in connection
with a discussion of future operating or financial performance. In
particular, these include statements relating to future actions,
prospective services or products, future performance or results of
current and anticipated services or products, sales efforts, expenses,
the outcome of contingencies such as legal proceedings, trends in
operations and financial results.
Any or all forward-looking statements may turn out to be wrong. They can
be affected by inaccurate assumptions or by known or unknown risks and
uncertainties. Many such factors will be important in determining
MetLife's actual future results. These statements are based on current
expectations and the current economic environment. They involve a number
of risks and uncertainties that are difficult to predict. These
statements are not guarantees of future performance. Actual results
could differ materially from those expressed or implied in the
forward-looking statements. Risks, uncertainties, and other factors that
might cause such differences include the risks, uncertainties and other
factors identified in MetLife, Inc.'s filings with the U.S. Securities
and Exchange Commission (the "SEC" ). These factors include: (i)
difficult and adverse conditions in the global and domestic capital and
credit markets; (ii) continued volatility and further deterioration of
the capital and credit markets, which may affect MetLife's ability to
seek financing or access its credit facilities; (iii) uncertainty about
the effectiveness of the U.S. government's plan to stabilize the
financial system by injecting capital into financial institutions,
purchasing large amounts of illiquid, mortgage-backed and other
securities from financial institutions, or otherwise; (iv) exposure to
financial and capital market risk; (v) changes in general economic
conditions, including the performance of financial markets and interest
rates, which may affect MetLife's ability to raise capital, generate fee
income and market-related revenue and finance statutory reserve
requirements and may require MetLife to pledge collateral or make
payments related to declines in value of specified assets; (vi)
potential liquidity and other risks resulting from MetLife's
participation in a securities lending program and other transactions;
(vii) investment losses and defaults, and changes to investment
valuations; (viii) impairments of goodwill and realized losses or market
value impairments to illiquid assets; (ix) defaults on MetLife's
mortgage loans; (x) the impairment of other financial institutions; (xi)
MetLife's ability to identify any future acquisitions and consummate
such acquisitions, including the acquisition of American Life Insurance
Company ("Alico" ), on successful terms, and to successfully integrate
acquired businesses with minimal disruption; (xii) economic, political,
currency and other risks relating to MetLife's international operations;
(xiii) MetLife, Inc.'s primary reliance, as a holding company, on
dividends from its subsidiaries to meet debt payment obligations and the
applicable regulatory restrictions on the ability of the subsidiaries to
pay such dividends; (xiv) downgrades in MetLife, Inc.'s and its
affiliates' claims paying ability, financial strength or credit ratings;
(xv) ineffectiveness of risk management policies and procedures,
including with respect to guaranteed benefits (which may be affected by
fair value adjustments arising from changes in MetLife's own credit
spread) on certain of MetLife's variable annuity products; (xvi)
availability and effectiveness of reinsurance or indemnification
arrangements; (xvii) discrepancies between actual claims experience and
assumptions used in setting prices for MetLife's products and
establishing the liabilities for MetLife's obligations for future policy
benefits and claims; (xviii) catastrophe losses; (xix) heightened
competition, including with respect to pricing, entry of new
competitors, consolidation of distributors, the development of new
products by new and existing competitors and for personnel; (xx)
unanticipated changes in industry trends; (xxi) changes in accounting
standards, practices and/or policies; (xxii) changes in assumptions
related to deferred policy acquisition costs, value of business acquired
or goodwill; (xxiii) increased expenses relating to pension and
postretirement benefit plans; (xxiv) deterioration in the experience of
the "closed block" established in connection with the reorganization of
Metropolitan Life Insurance Company; (xxv) adverse results or other
consequences from litigation, arbitration or regulatory investigations;
(xxvi) discrepancies between actual experience and assumptions used in
establishing liabilities related to other contingencies or obligations;
(xxvii) regulatory, legislative or tax changes that may affect the cost
of, or demand for, MetLife's products or services; (xxviii) the effects
of business disruption or economic contraction due to terrorism, other
hostilities, or natural catastrophes; (xxix) the effectiveness of
MetLife's programs and practices in avoiding giving its associates
incentives to take excessive risks; (xxx) other risks and uncertainties
described from time to time in MetLife, Inc.'s filings with the SEC; and
(xxxi) any of the foregoing factors as they relate to Alico and its
operations.
MetLife, Inc. does not undertake any obligation to publicly correct or
update any forward-looking statement if MetLife, Inc. later becomes
aware that such statement is not likely to be achieved. Please consult
any further disclosures MetLife, Inc. makes on related subjects in
reports to the SEC.

MetLife, Inc.
For Media:
John Calagna,
212-578-6252
or
For Investors:
Conor Murphy,
212-578-7788
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