as of 3/2/99
1999 DIRECTOR CHARITABLE AWARD PROGRAM
1. PURPOSE OF THE PROGRAM
The Aetna Inc. Director Charitable Award Program (the "Program") allows each eligible Director ("Director") of
Aetna Inc. (the "Corporation") to recommend that the Corporation make a donation of $1,000,000 to the eligible
tax-exempt organization(s) (the "Donee(s)") selected by the Director, with the donation to be made, in the
Director's name, in ten equal annual installments, with the first installment to be made following the Director's
retirement. The purpose of the Program is to recognize the interest of the Corporation and its outside Directors in
supporting worthy educational institutions and other charitable organizations.
All persons serving as outside Directors of the Corporation as of February 1, 1999, shall be eligible to participate
in the Program. All outside Directors who join the Corporation's Board of Directors after that date shall be
immediately eligible to participate in the Program upon election to the Board.
3. RECOMMENDATION OF DONATION
When a Director becomes eligible to participate in the Program, he or she may make a written recommendation
to the Corporation, on a form approved by the Corporation for this purpose, designating the Donee(s) which he
or she intends to be the recipient(s) of the corporate donation to be made on his or her behalf. A participating
Director may revise or revoke any such recommendation by signing a new recommendation form and submitting
it to the Corporation.
4. AMOUNT AND TIMING OF DONATION
Each eligible Director may choose one organization to receive a donation of $1,000,000, or up to five
organizations to receive donations aggregating $1,000,000. Each recommended organization must be
recommended to receive a donation of at least $100,000. The donation will be made by the Corporation in ten
equal annual installments, with the first installment to be made shortly after the Director's termination of service as