|AIG INCREASES QUARTERLY DIVIDEND ON COMMON STOCK 20 PERCENT|
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NEW YORK--Aug. 11, 2005--The Board of Directors of American International Group, Inc. (AIG) has increased the quarterly cash dividend on the company's common stock to 15 cents per share from the previously declared 12.5 cents per share. The dividend is payable on September 16, 2005 to shareholders of record on September 2, 2005.
This represents a 20 percent increase in the quarterly cash dividend. It is the second time that the Board has increased the dividend within the last year and the twentieth consecutive year that AIG has increased its dividend.
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
Joe Norton (News Media)