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Outstanding Results for Sanford C. Bernstein in 2010 II Poll

October 14, 2010

From Peter Kraus and Jim Gingrich: Research excellence has been, and always will be, the calling card of the firm. We are delighted to announce that our sell-side unit, Sanford C. Bernstein, has again achieved outstanding results in this year’s Institutional Investor’s All-America Research Team poll, which surveys Wall Street’s largest and most important money managers. As a firm, SCB ranked sixth on the overall Leaderboard, in line with last year, and on a weighted basis ranked fourth. Ten analysts were rated the very best in their sector, tying last year’s record result. Essentially every SCB analyst was once again recognized, a performance no other firm can match.

Please join us in congratulating the entire team - research, sales, and trading - on these terrific results!

Our All-American Analysts and their teams for 2010 were:

Tim Anderson #1 in Major Pharmaceuticals (second time)

Rod Bourgeois #1 in Computer Services & IT Consulting (fifth time)

Janet Brashear Runner-Up in Gaming & Lodging

Ben Dell #1 in Oil Exploration & Production (third time) and #3 in Natural Gas

Ali Dibadj #1 in Cosmetics, Household & Personal Care Products (second time)

Dan Dowd #3 in Machinery

Jeff Evenson #3 in Data Networking & Wireline Equipment

Ronny Gal #1 in Specialty Pharmaceuticals (second time)

Scott Gruber Best Up and Comer in Oil Services & Equipment

Ana Gupte Runner-Up in Managed Care

Doug Harned #2 in Aerospace & Defense Electronics

Brad Hintz #1 in Brokers, Asset Managers & Exchanges (second time)

Alexia Howard #2 in Food (up from 3rd place last year)

Suneet Kamath Runner-Up in Life Insurance

John McDonald #2 in Large-Cap Banks (up from 3rd place last year)

Colin McGranahan #1 in Hardlines Retail (fifth time)

Neil McMahon #3 in Integrated Oil

Craig Moffett #1 in Cable & Satellite (fifth time) and #3 in Telecom Services

Geoff Porges #3 in Biotechnology

Stacy Rasgon Best Up and Comer in Semiconductors

Toni Sacconaghi #1 in IT Hardware (ninth time)

Sara Senatore Best Up and Comer in Restaurants

Kevin St. Pierre #1 in Midcap Banks (up from 2nd place last year)

Derrick Sung Best Up and Comer in Medical Supplies & Devices

Steve Winoker Best Up and Comer in Electrical Equipment & Multi-Industry

Hugh Wynne #2 in Electric Utilities

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