Avantrust Makes Key Additions to Business Development, Technology, and Finance Posts.

Business Editors

NEW YORK--(BUSINESS WIRE)--May 29, 2001

Avantrust, LLC, a joint venture formed by American International Group Inc. (NYSE:AIG) and Dun & Bradstreet (NYSE:DNB), today announced the appointment of three executives, Nancy Callahan, Joel Plaut and Scott Klein, to the posts of director of business development, chief technology officer and director of finance and operations, respectively.

As the director of business development, Ms. Callahan will build strategic partnerships for Avantrust, a provider of innovative insurance, risk management, technology and information products that empower companies to buy and sell more online. Previously, Ms. Callahan served as the executive vice president for business development at e-STEEL, a leading provider of e-commerce solutions to the metals industry. Ms. Callahan also has 13 years experience developing online financial trading systems with Reuters America, where at her departure, she held the position of executive vice president of the Reuters Transaction Products Division. Ms. Callahan holds an MBA from the Darden School of Business and a BS in engineering from the University of Virginia.

Leading Avantrust's technology team is Joel Plaut, chief technology officer. Mr. Plaut brings significant client server and Internet development experience to Avantrust as he previously headed up software development at TheStreet.com. Prior to the TheStreet.com, he served eight years as program manager at Dun & Bradstreet, where he managed credit information and credit decision support systems. Mr. Plaut also spent seven years at Chemical Bank working as a software engineer for the Retail Banking sector. Mr. Plaut holds an MBA in finance and international business from New York University's Stern School of Business and a BS in computer science from Brooklyn College.

Scott Klein has been named director of finance and operations for Avantrust, responsible for maintaining the company's financial controls and its operations efforts. Prior to joining Avantrust, Mr. Klein served as director of AIG's internal consulting. Before AIG, Mr. Klein worked for more than 14 years at The Penn Mutual Insurance Company as assistant vice president of financial operations. He is a certified public accountant and holds an MBA in finance and a BBA in accounting from Temple University.

"We are putting a seasoned management team in place to continue to grow Avantrust and establish the company as an independent entity," said Gretchen Hayes acting CEO and president of AIG's Global eBusiness Risk Solutions. "Nancy, Joel and Scott each bring substantial and complementary skill sets to Avantrust. We are confident that these additions, collectively, will further our goal of being the first choice for companies seeking to reduce the risks of doing business online."

For more information on Avantrust, please visit www.avantrust.com.

Avantrust (pronounced aho vahno trust) empowers companies to buy and sell more online by reducing the risks and frictions inherent in eCommerce. Formed in October 2000 by American International Group (NYSE: AIG) and Dun & Bradstreet (NYSE: DNB), Avantrust offers an integrated suite of insurance products, risk management services, technology and information offerings. Leveraging the two founding firms' trusted leadership in insurance, financial services, and business information, Avantrust provides innovative solutions for sellers, buyers and marketplaces. For more information, visit our Web site at www.avantrust.com.

American International Group, Inc. (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. Avantrust's insurance and risk management services are provided through AIG eBusiness Risk Solutions. 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. For more information, please visit www.aig.com.

Dun & Bradstreet (NYSE:DNB), the world's leading provider of business information, has been enabling business-to-business commerce for nearly 160 years. D&B's information and technology solutions help businesses reduce credit risk, find profitable customers and manage vendors efficiently. Businesses also use D&B's information and technology to authenticate and verify potential trading partners online, increasing their trust and confidence in e-commerce transactions. That's why so many companies -- including over 90 percent of the Business Week Global 1000 -- rely on D&B as the most trusted source for information they need to make their business a success. For more information, please visit www.dnb.com.

-- Insurance coverages are underwritten by AIG member companies. Products and service may not be available in all states. Issuance of insurance coverage is subject to underwriting. Please see the policy for a complete description of its scope and limitations of coverage.