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NEW YORK--June 22, 2006--American International Group, Inc. (AIG) has named Anthony J. Galioto to the position of AIG Companies Senior Executive - East. Based in Atlanta, Mr. Galioto succeeds David M. Hupp, who was recently elected President and Chief Executive Officer of AIG Aviation, Inc.

In his new role, Mr. Galioto will be responsible for coordinating the marketing within the Eastern zone of all commercial and consumer benefit products provided by the AIG Companies, including a full range of life insurance and other employee benefit products, medical excess insurance products, accident and health insurance products, and identity theft and fraud insurance products developed by the AIG Companies serving both the employer-paid and voluntary markets. The Eastern zone comprises the AIG Companies regional operations based in offices in Atlanta, Boston, Cleveland, Philadelphia, and New York.

Mr. Galioto joined the AIG Companies in 1985, and held various management positions in Boston, New York, Paris, and London, including Senior Vice President, American International Life Assurance Company of New York, managing the North American Accident & Health Division. From 1994 until 2001 he served as Chief Operating Officer and then as President of AIG Claims Services, Inc. He subsequently served as President of the AIG Companies Domestic Accident & Health Division before he was named President of the Worldwide Accident & Health Division in 2003. He is a graduate of Seton Hall University.

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.

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