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NEW YORK, September 5, 2003 - American International Group, Inc. (AIG) today announced the opening of a new 200,000 square foot data center facility in Fort Worth, Texas by American International Group Data Center, Inc., which will provide data recovery capabilities to AIG member companies.

"This new facility provides AIG companies with the enhanced data recovery and business continuity capabilities that are crucial components of managing the infrastructure needs of our global business," said Mark Popolano, Vice President and Chief Information Officer, AIG.

The Fort Worth data center utilizes innovative data storage and replication technologies to manage data across the network and improve recovery time. The data center also features an extensive telecommunications infrastructure to support AIG companies' business operations, including redundant Internet connectivity and a global e-messaging platform.

Through the new data center, applications are recoverable to the last business day, within 24 hours. The facility's network architecture allows for a continuous near-time replication of data utilizing the latest technological advancements.

The Fort Worth data center will also increase the capacity of American International Technology Enterprises, Inc. (doing business as AIG Technologies), a member company of AIG, to provide managed outsourcing solutions to third party clients. AIG Technologies (AIGT) provides data processing services to AIG and its member companies and is a leading supplier of insurance industry applications, data center managed operations and technology consulting services.

"The combined capabilities of AIGT's existing New Jersey processing center and the new Fort Worth data center will provide AIGT clients with complete redundancy, disaster recovery and business continuity opportunities beyond the typical services available in the market today," said Paul Madarasz, President, AIGT.

For more information on AIGT's products and services, please visit http://www.aigtechnologies.com, or email aigtmarketing@aig.com.

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.

CONTACT: American International Group, Inc. Andrew Silver, 212/770-3141 SOURCE: American International Group, Inc.