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AIG NAMES GORDON WATSON REGIONAL VICE PRESIDENT AND DIRECTOR OF ASIA PENSIONS
NEW YORK, March 25, 1998 - American International Group, Inc. (AIG), has announced that the Global Pension Division of AIG's worldwide life business has named Gordon Watson Regional Vice President and Director, Asia Pensions. Based in Hong Kong, he will be AIG's senior pensions executive in Asia.

Mr. Watson has been with AIG for more than twelve years, with various assignments in Europe, Africa, the Mid-East and North America. Most recently, he was the Director of International Pensions in New York. He has an MBA from the University of Hull, Fellow of the Chartered Insurance Institute, and Fellow of the Institute of Marketing.

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AIG is the leading U.S.-based international insurance organization and among the largest underwriters of commercial and industrial insurance in the United States. Its member companies write property, casualty, marine, life and financial services insurance in approximately 130 countries and jurisdictions, and are engaged in a range of financial services businesses. 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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