The Equitable Group Inc.

$20,000,000 Series 9 Subordinated Debentures

Structured, Funded and Managed By:
Integrated Private Debt
Integrated Asset Management

The Equitable Life Insurance Company of Canada

$17,000,000 Senior Secured Term Debt

Participation in:
$27,000,000 Subordinated Notes
10 year interest only

Syndicated By:
Stonebridge Financial
Integrated Private Debt
Integrated Asset Management