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AIG EXECUTIVES MARTIN SULLIVAN AND HOWARD SMITH TO SPEAK AT BANC OF AMERICA SECURITIES FINANCIAL SERVICES CONFERENCE ON MARCH 23, 2004
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NEW YORK--(BUSINESS WIRE)--March 18, 2004--American International Group, Inc. (AIG) Vice Chairman and Co-Chief Operating Officer Martin J. Sullivan and Vice Chairman, Chief Financial Officer and Chief Administrative Officer Howard I. Smith will present at the Banc of America Securities' "Financial Services: Unscripted" Conference on Tuesday, March 23, 2004 at 8:00 a.m. EST.

    The audio webcast can be accessed at the following URL:

    http://www.veracast.com/webcasts/bas/financial-services-2004/
    id09101178.cfm (Due to the length of this URL, it may be necessary
    to copy and paste this hyperlink into your Internet browser's URL
    address field)

    The replay will be archived at the same URL through April 9, 2004.

It should be noted that the statements of Mr. Sullivan and Mr. Smith may contain forward-looking statements. Please refer to the AIG Annual Report on Form 10-K for the year ended December 31, 2003 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.

American International Group, Inc. (AIG) is the world's leading international insurance and financial services organization, with operations in more than 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 services 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 services 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.
             Investment Community:
             Charlene Hamrah, 212-770-7074
              or
             News Media:
             Joe Norton, 212-770-3144

    SOURCE: American International Group, Inc.