Aetna Appoints Calvocoressi General Counsel

Baird to go to Yale

HARTFORD, Conn., December 6, 1996 — Aetna (NYSE: ΑET) announced today that Thomas J. Calvocoressi has been appointed vice president and general counsel, effective January 1, 1997. Calvocoressi, who was previously vice president and deputy general counsel, will report directly to Aetna Chairman Ronald E. Compton.

“Tom has been a major contributor to the strategic repositioning of the company and I am pleased that he has agreed to assume this new responsibility,” Compton said.

Calvocoressi will succeed ZoГ« Baird, senior vice president and general counsel, who has decided to leave the company by year-end to become a visiting scholar and senior research affiliate at Yale Law School, where she will write a book on the public policy issue of global crime.

“We have now repositioned the company for growth, including the sale of the property-casualty business and the merger with U.S. Healthcare,” Compton said. “This done, I understand ZoГ«’s decision to undertake new challenges and wish her the very best. I want to thank ZoГ« for all she has done for Aetna. She has been a strategic advisor to me on all aspects of the company. Her wise counsel and sharp business acumen have been critical to the challenging tasks Aetna has faced in the last six years.”

Calvocoressi joined Aetna’s legal and regulatory affairs department as an attorney in 1982 and has specialized in corporate and securities law. He was named counsel in 1985, appointed vice president and counsel in 1993 and deputy general counsel in February 1996. He holds B.A. and M.A. degrees from the University of Hartford, and a J.D. degree from the University of Connecticut School of Law.

Calvocoressi is a member of the American Bar Association and the American Corporate Counsel Association, and sits on the Advisory Board of the Quinnipiac College Legal Studies Program.

For more information about Aetna Inc., please visit the company’s website at www.aetna.com.