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NEW YORK, Apr 21, 2003 -- American International Group, Inc. Chairman M. R. Greenberg will participate in the UBS Warburg Global Financial Services Conference on Tuesday, April 29, 2003 at 8:50 a.m. EDT.

The audio portion of Mr. Greenberg's presentation will be webcast at the following URL:


To access the presentation, go to the Conferences link in the lower right hand side of the page. Follow the link for the webcast under the Global Financial Services Conference heading. A replay of the webcast will be available three hours after the presentation at the same URL and remain archived through May 6, 2003.

It should be noted that Mr. Greenberg's remarks may contain forward-looking statements. Please refer to the AIG Annual Report on Form 10-K for the year ended December 31, 2002 and its past and future filings and reports filed with the Securities and Exchange Commission for a description of the business environment in which AIG operates and the important factors that may affect its business. AIG is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

AIG is the world's leading international insurance and financial services organization, with operations in approximately 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance, and AIG American General is a top-ranked life insurer. AIG's global businesses also include financial services, retirement savings and asset management. AIG's financial services businesses include aircraft leasing, financial products, trading and market making. AIG's growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement savings businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

Investment Community: Charlene Hamrah, 212/770-7074 or News Media: Joe Norton, 212/770-3144