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AIG ANNOUNCES VOTING RESULTS OF ANNUAL MEETING OF SHAREHOLDERS
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NEW YORK, May 12, 2010 (BUSINESS WIRE) --Shareholders of American International Group, Inc. (AIG) today elected thirteen directors at the company's annual meeting of shareholders, eleven by the vote of the common and Series C Preferred shareholders voting together, and two nominated and elected by the U.S. Department of the Treasury, as holder of the AIG Series E and Series F Preferred Stock. The shareholders voted to support each of the three proposals submitted by AIG, and, as the AIG Board recommended, shareholders withheld support for the three shareholder proposals submitted for consideration. Nominees to the Board were elected with shares in favor of 98 percent or more. The results were as follows:

(a) Elected thirteen directors as follows:

Nominee

Votes For

Votes Withheld

Abstained

Robert H. Benmosche 567,340,344 623,986 439,481
Harvey Golub 562,156,995 5,735,157 511,659
Laurette T. Koellner 562,220,396 5,667,016 516,399
Christopher S. Lynch 567,225,717 652,325 525,769
Arthur C. Martinez 561,857,049 6,015,133 531,629
George L. Miles, Jr. 563,720,202 4,155,733 527,876
Henry S. Miller 567,209,335 668,955 525,521
Robert S. Miller 567,020,724 859,724 523,345
Suzanne Nora Johnson 562,165,219 5,713,166 525,426
Morris W. Offit 566,071,845 1,811,228 520,738
Douglas M. Steenland 567,040,374 839,140 524,297

Preferred Director Nominee

Donald H. Layton All shares were voted for election of nominee.
Ronald A. Rittenmeyer All shares were voted for election of nominee.

(b) Approved by a vote of 594,292,296 shares for and 12,472,086 shares against, with 1,157,085 shares abstaining, a non-binding shareholder resolution to approve executive compensation.

(c) Approved by a vote of 555,366,838 shares for and 12,557,940 shares against, with 479,033 shares abstaining, the American International Group, Inc. 2010 Stock Incentive Plan.

(d) Approved by a vote of 605,531,573 shares for and 1,738,775 shares against, with 651,119 shares abstaining, a proposal to ratify the selection of PricewaterhouseCoopers LLP as AIG's independent registered public accounting firm for 2010.

(e) Rejected by a vote of 7,355,489 shares for and 560,432,827 shares against, with 615,495 shares abstaining, a shareholder proposal relating to the adoption of cumulative voting.

(f) Rejected by a vote of 6,117,562 shares for and 561,550,340 shares against, with 735,909 shares abstaining, a shareholder proposal relating to executive compensation retention upon termination of employment.

(g) Rejected by a vote of 2,880,277 shares for and 562,913,535 shares against, with 2,609,999 shares abstaining, a shareholder proposal relating to a shareholder advisory resolution to ratify AIG's political spending program.

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

SOURCE: American International Group, Inc.

American International Group, Inc.
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