AIG To Report Third Quarter 2004 Earnings and Hold Conference Call on October 21, 2004.

NEW YORK -- American International Group, Inc. (AIG) will report its third quarter 2004 earnings on Thursday, October 21, 2004.

On that date, AIG Chairman M. R. Greenberg will host a conference call, broadcast live over the Internet, at 9:00 a.m. EDT. The audio webcast of the conference call can be accessed at: www.aigwebcast.com

A replay will be archived through Friday, October 29, 2004 at the same URL as well as by telephone. For domestic callers, the telephone replay number is 888/562-4353. For international callers, the telephone replay number is 402/530-7645.

It should be noted that the remarks made on the conference call may contain forward-looking statements. Please refer to the AIG Quarterly Report on Form 10-Q for the quarter ended June 30, 2004 and AIG's past and future filings and reports filed with the Securities and Exchange Commission (SEC) 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 obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Remarks made on the conference call may also contain certain non-GAAP financial measures. The reconciliation of such measures to the comparable GAAP figures will be included in AIG's third quarter 2004 earnings release and on its Form 8-K furnishing the earnings release to the SEC or on AIG's corporate website (www.aigcorporate.com).

American International Group, Inc. (AIG) is the world's leading international insurance and financial services organization, with operations in more than 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG's global businesses also include retirement services, financial services and asset management. AIG's financial services businesses include aircraft leasing, financial products, trading and market making. AIG's growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.