AIG To Sponsor Hideki Matsui Notebook Day at Yankee Stadium on May 15, 2004.

Sports Editors/Business Editors

NEW YORK--(BUSINESS WIRE)--May 14, 2004

American International Group, Inc. (AIG) will sponsor Hideki Matsui Notebook Day on May 15, 2004 when the New York Yankees play the Seattle Mariners at Yankee Stadium at 1:05 p.m. EDT.

The first 18,000 fans ages 14 and under will receive a spiral-bound notebook featuring a photograph of Yankees All-Star outfielder Hideki Matsui on the front and a list of popular Japanese baseball terms on the back cover. Additionally, AIG will make a donation to Little League baseball in the United States and Japan as part of the promotion. AIG will donate a minimum of 100,000 Japanese yen to both the Bronx-based Parkchester Little League and the Japan Little League Baseball Association. The contribution will be increased to one million yen (approximately $10,000) per league for each home run Matsui hits in the game.

A pre-game ceremony featuring AIG Vice Chairman Howard I. Smith and Michihiro Takakuwa, Matsui's junior high school baseball coach, will take place at home plate announcing AIG's promotion and the Little League contributions.

"AIG has the leading foreign insurance presence in Japan, where the New York Yankees, Hideki Matsui and Ichiro Suzuki of the Seattle Mariners are household names," said Mr. Smith. "This promotion celebrates baseball, AIG's home-base in New York City, our valued customers in Japan and our relationship with New York Yankees fans worldwide."

AIG's operations in Japan include American International Underwriters (AIU), American Home Assurance Company, American Life Insurance Company (ALICO), AIG Star Life Insurance Company, Ltd., and AIG Edison Life Insurance Company.

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 financial services, retirement 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.