American General Securities Incorporated to Join the AIG Advisor Group Broker-Dealer Organization.

LOS ANGELES -- 1,400 Insurance-oriented Independent Financial Advisors Gain Access to Expanded Support Services and Broad-based Product Portfolio Offered through Nation's Largest Independent Broker-Dealer Network

AIG Retirement Services, Inc., a member company of American International Group, Inc. (AIG), today announced that American General Securities Incorporated (AGSI), an AIG subsidiary broker-dealer and part of AIG American General, will join the AIG Advisor Group in the first quarter of 2006. On a combined basis, the AIG Advisor Group broker-dealers, which include Advantage Capital Corporation, AIG Financial Advisors, Inc., FSC Securities Corporation, Royal Alliance Associates, Inc. and American General Securities Incorporated, represent $989 million in total revenues and more than $100 billion in total client assets at year-end 2005.

The AIG Advisor Group will introduce network-wide support services to AGSI-affiliated independent producers in 2006, including:

--VISION2020(R) Core, a state-of-the art Internet-based financial advisor workstation, and VISION2020(R) Advisor, one of the industry's most successful fee-based advisory services platforms with more than $7 billion in assets under management.

--The Investment Products and Research Division (IP&R), which provides financial advisors with independent research, product selection and positioning strategies, pre- and post-sales assistance, and consultation services from a team of investment professionals.

--The Legal and Compliance department, including the advertising review team, which provides timely approvals and quality control to ensure adherence with regulatory requirements.

--Business development support, including personal coaching, networking tools, recruiting support and practice-management assistance.

--Operational support and superior customer service to help streamline and simplify the operations of independent producers.

In commenting on the announcement, Rodney O. Martin, Jr., President and CEO of AIG American General, said, "This affiliation underscores our commitment to the independent distribution model and to providing insurance-oriented financial advisors with the products, services and support needed to address the evolving financial needs of their clients. Taking advantage of the opportunity to access the AIG Advisor Group's shared services quickly and cost effectively is in the best interests of AGSI's affiliated financial advisors and an attractive alternative to duplicating those services at AIG American General. We believe that this move represents a 'win-win' for the independent producers who have chosen to affiliate with AGSI and for our organization."

Peter A. Harbeck, President and CEO of the AIG Advisor Group, said, "The affiliation of AGSI with the AIG Advisor Group represents an outstanding strategic fit in many ways: First, both organizations possess a strong commitment to the independent, entrepreneurial culture that is the cornerstone of our affiliated broker-dealers today. Secondly, the addition of AGSI further strengthens our position as an attractive alternative for independent financial advisors with a strong insurance-based practice who are seeking a firm that delivers on their product and service requirements."

Harbeck added, "We welcome AGSI's independent producers to our organization and believe that the services we provide will help them build their businesses and serve their clients. We also welcome Andy Kalbaugh, President and CEO of AGSI, and his management team. We look forward to their contributions and future successes as we further strengthen our leadership position in one of the fastest-growing sectors of the financial services industry today."

The AIG Advisor Group broker-dealers have become industry leaders as a result of a disciplined focus on customer service, advanced technology and continuing education, in addition to offering a broad-based portfolio of products to entrepreneurial financial advisors. While all the AIG Advisor Group broker-dealers work together on various initiatives and share common support services, each firm has its own management team, market focus, and unique business culture.

The AIG Advisor Group is the largest independent broker-dealer network in the United States and consists of Advantage Capital Corporation, AIG Financial Advisors, Inc., American General Securities Incorporated, FSC Securities Corporation, and Royal Alliance Associates, Inc. These independent broker-dealers, with more than 7,000 independent financial professionals, are all wholly-owned subsidiaries of the AIG Advisor Group, Inc. The AIG Advisor Group, Inc. is a wholly-owned subsidiary of American International Group, Inc. (AIG).

AIG American General is the marketing name for the insurance companies and affiliates of American International Group, Inc. that comprise its domestic life insurance operations. AIG American General companies offer a broad spectrum of life insurance, annuity, investment and accident and health products to serve the financial and estate planning needs of its customers throughout the United States.

American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.