AIG Chairman M. R. Greenberg Meeting With Financial Community to be Available as Listen Only Conference Call.

Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 1, 2001

American International Group, Inc. (AIG) is providing a listen-only conference call of its meeting for the financial community with Chairman M. R. Greenberg on Monday, February 12 at 4:00 PM.

Those interested in listening to this invitation-only meeting live should telephone 20 minutes in advance to establish a connection. For domestic U.S. listeners, the telephone number is 888/809-8966. For international callers, the telephone number is 415/228-4564.

For those unable to listen to the live conference, a replay of the meeting will be available through February 19, 2001. For that replay, domestic U.S. listeners should call 888/566-0697. International callers should telephone [phone].

It should be noted that Mr. Greenberg's remarks may contain forward-looking statements. AIG refers you to the AIG Quarterly Report on Form 10-Q for the quarter ended September 30, 2000 for a description of the business environment in which AIG operates and the important factors that may affect its business. AIG is not under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

AIG is the leading U.S.-based international insurance and financial services organization and the largest underwriter of commercial and industrial insurance in the United States. Its member companies write a wide range of commercial and personal insurance products through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. AIG's global businesses also include financial services and asset management, including aircraft leasing, financial products, trading and market making, consumer finance, institutional, retail and direct investment fund asset management, real estate investment management, and retirement savings products. American International Group, Inc.'s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.