|AIG EXTENDS SUPPORT TO SOUTH ASIA EARTHQUAKE VICTIMS; AIG MAKES DONATION OF $1 MILLION AND AIG TO MATCH EMPLOYEE CONTRIBUTIONS|
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NEW YORK--Oct. 13, 2005--American International Group, Inc. (AIG) today announced that it is donating $1 million to support relief efforts in the areas affected by the October 8 earthquake in South Asia. In addition, AIG is encouraging its employees to help the earthquake victims by donating to the AIG Disaster Relief Fund. Employee donations will be matched 100 percent by AIG.
Martin J. Sullivan, AIG President and Chief Executive officer, said, "While we are grateful that none of AIG's employees were harmed in this tragedy, the earthquake in South Asia has left hundreds of thousands homeless with no access to the most basic necessities. The funds donated will be given to organizations throughout India and Pakistan that will be able to most efficiently and effectively provide much needed relief. AIG and its employees have a tradition of generosity, giving to those affected by tragedies including Hurricane Katrina, the South Asian tsunami and the September 11 terrorist attacks."
AIG has long-standing presence in the region. Through a joint venture in India, Tata AIG has offices throughout the country that provide general and life insurance. In Pakistan, AIG Companies, headquartered in Karachi, also provide general and life insurance.
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.