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AIG NAMES PHILIP M. JACOBS DIRECTOR OF TAXES
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NEW YORK--April 11, 2006--American International Group, Inc. (AIG) has announced that Philip M. Jacobs will join AIG in July as Vice President and Director of Taxes. Mr. Jacobs will report to Steven J. Bensinger, AIG Executive Vice President and Chief Financial Officer. Mr. Jacobs succeeds Peter K. Lathrop, who is retiring.

Mr. Jacobs presently serves as Vice President and Global Tax Director, GE Insurance Solutions. Prior to that he was Europe and Asia Tax Director, GE Insurance Solutions, based in Munich, and before that served as Senior Tax Advisor at GE Capital Corp. Before that he was Senior Tax Manager, Ernst & Young, serving more than ten years in the Philadelphia, National, and New York offices. Mr. Jacobs earned his A.B. Degree from Princeton University and is a Certified Public Accountant.

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 as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

CONTACT:
American International Group, Inc.
Joe Norton
212-770-3144