Aetna Names President Ronald A. Williams to Board of Directors

HARTFORD, Conn., September 30, 2002 — Aetna (NYSE: ΑET) today announced that company President Ronald A. Williams, 52, has been elected to the company's Board of Directors, bringing the number of directors to 12.

"Ron's strong leadership skills and organizational abilities have been critical to Aetna's ongoing turnaround accomplishments," said Chairman and CEO John W. Rowe, M.D. "He reoriented our Health business to better focus on and serve the needs of our customers. He also directed the development of Aetna HealthFund, our innovative new product that is a leader in the emerging consumer-directed health plans arena. Ron is a seasoned leader and strategic thinker, whose considerable talents and expertise should greatly benefit Aetna's board."

Williams joined Aetna in March 2001 as executive vice president and chief of Health operations. He was named president in May 2002, with responsibility for Aetna's Health business, Aetna Group Insurance and National Medical Services.

Before joining Aetna, Williams had been group president of the Large Group Division of WellPoint Health Networks and president of WellPoint's Blue Cross of California subsidiary. Earlier in his career, Williams was a senior vice president at Vista Health Corp., a group marketing executive at Control Data Corp., and president and co-founder of Integrative Systems. He also served as an administrative assistant in the office of the governor of Illinois. He is a graduate of Roosevelt University and holds an M.S. in Management from the Sloan School of Management at MIT.

Aetna is one of the nation's leading providers of health, dental, group life, disability and long-term care benefits, serving 14.4 million health care members, 11.9 million dental members and 12 million group insurance customers as of June 30, 2002. The company has an expansive nationwide network of more than 527,000 health care services providers, including over 321,000 primary care and specialist physicians and 3,300 hospitals.

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