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AIG NAMES STEVEN RAUTENBERG VICE PRESIDENT, COMMUNICATIONS
NEW YORK, June 11, 2001 – American International Group, Inc. (AIG) has announced that Steven A. Rautenberg has joined AIG as Vice President, Communications, with responsibility for corporate communications, public relations, advertising, marketing services and event marketing. Mr. Rautenberg succeeds John T. Wooster, Jr., who will remain at AIG as Special Adviser.

Mr. Rautenberg joins AIG from Canon U.S.A., where he had been Vice President and General Manager, Corporate Communications. Prior to that he was the senior corporate communications executive at Reliance Group Holdings for five years. Before that, Mr. Rautenberg was an executive with The Chase Manhattan Bank for 19 years, where he served in a variety of communications positions, including Vice President, Director of Public Relations and Vice President, Director of Public Affairs. Earlier in his career, he held communications positions at Citibank and with members of the U.S. House of Representatives and the U.S. Senate.

Mr. Rautenberg is a graduate of Northwestern University and attended the New York University Graduate School of Business.

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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, personal and life 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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