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NEW YORK, July 9, 2001- AIG eBusiness Risk Solutions, a division of American International Companies, has formed an alliance with Computer Associates International, Inc. (CA) to help AIGnetAdvantage Suitesm insureds manage Internet security risks.

“Cyber attacks are increasingly becoming a fundamental risk of doing business today. AIG eBusiness Risk Solutions is committed to working with leading e-security firms to provide insureds comprehensive and robust risk management solutions,” said Gretchen Hayes, President, AIG eBusiness Risk Solutions. “The addition of Computer Associates to our Technology Alliance strengthens the Internet security resources our insureds increasingly require.”

The alliance enables eligible AIG netAdvantage Security and AIGnetAdvantage Complete policy applicants to receive a premium discount of up to 10 percent (where permitted by law) from AIG member companies for using Computer Associates' eTrust Antivirus and EZ Armor Antivirus. Additionally, eligible AIGnetAdvantage Security and AIGnetAdvantage Complete policyholders will qualify for a discount from Computer Associates of up to 10 percent off of Computer Associates' list prices when purchasing licenses to Computer Associates' eTrust Antivirus or EZ Armor Antivirus security solutions.

Underwritten by AIG member companies, the AIG netAdvantage Suite of products provides up to $25 million in coverage for exposures including Internet liability, web media/content liability, technology errors and omissions, first party loss and damage to data and e-revenue business interruption due to computer attacks.*

This alliance expands the roster of the AIG eBusiness Risk Solutions Technology Alliance, which offers access to leading Internet Security firms to help AIG netAdvantage Suite insureds manage the risks of doing business on the Internet. The members of the Technology Alliance include CertCo, Invicta Networks, Inc, Kroll-O'Gara, Predictive Systems, Inc., Riptech, Inc., RSA Security, Inc., Securify, Inc., Unisys Corporation, and VIGILANTe.com, Inc. American International Companies insureds also have access to the Technology Panel Counsel, a roster of the nation's premier law firms specializing in emerging legal issues related to intellectual property law and high-technology issues, for legal defense against technology-related claims.

For more information on AIG netAdvantage or AIG eBusiness Risk Solutions, contact your insurance broker, local American International Companies office or email Ty R. Sagalow, Executive Vice President and Chief Operating Officer, AIG eBusiness Risk Solutions at ty.sagalow@aig.com.

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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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* Insurance provided by member companies of American International Group, Inc. The above described coverage may not be available in all states, and the above description thereof is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting. Premium discounts are void were prohibited by law and may change without prior notice.