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AIG PRESIDENT EVAN G. GREENBERG RESIGNS; DUTIES TO BE ASSUMED BY OTHER SENIOR AIG EXECUTIVES
NEW YORK, September 19, 2000 - American International Group, Inc. (AIG) Chairman M.R. Greenberg has announced that Evan G. Greenberg, AIG President and Chief Operating Officer, has resigned from the company to pursue other interests. M.R. Greenberg said that Evan Greenberg's responsibilities will be assumed by a number of other senior AIG executives.

M.R. Greenberg commented, "We wish Evan the very best in his future endeavors."

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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. 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.

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