|AIG RELEASES AIA INFORMATION PROVIDED IN CONNECTION WITH HONG KONG ANALYST REPORTS|
NEW YORK, Sep 25, 2010 -- On September 25, 2010, American International Group, Inc. (AIG) announced that certain analysts ("Analysts") had published research reports in Hong Kong regarding AIA Group Limited ("AIA"). AIA had provided the attached financial information (the "AIA Information") to the Analysts.
The AIA Information includes selected unaudited interim financial information for the nine months and three months ended August 31, 2009 and 2010 and prospective financial information for the fiscal year ending November 30, 2010 (the "Profit Forecast"). The draft unaudited financial information is presented in U.S. dollars and was prepared in accordance with International Financial Reporting Standards ("IFRS") in accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, as amended from time to time. IFRS differs in certain material respects from accounting principles generally accepted in the United States ("U.S. GAAP").
The Profit Forecast was not prepared with a view to compliance with published guidelines of the U.S. Securities and Exchange Commission (the "SEC") or the American Institute of Certified Public Accountants (the "AICPA") for the preparation and presentation of prospective financial information. Accordingly, the Profit Forecast does not include presentations and disclosure of all information required by the AICPA guidelines for prospective financial information. The Profit Forecast is necessarily based upon a number of assumptions and estimates that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of AIA Group Limited. Accordingly, there can be no assurance that the results set forth in the Profit Forecast will be realized.
None of AIG or any of its affiliates or any of their respective directors, officers or employees has approved, or accepts responsibility for, any reports or other information published by the Analysts.
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.
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SOURCE: American International Group, Inc.
American International Group, Inc.