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NEW YORK--Aug. 16, 2006--American International Group, Inc. (AIG) today announced that Nicholas J. Ashooh will join AIG in September as Senior Vice President, Communications. Mr. Ashooh succeeds John T. Wooster, Jr. who had filled that role on a temporary basis since year-end 2005, and earlier had been AIG Vice President, Communications from 1989 to 2001.

Most recently, Mr. Ashooh was Vice President, Corporate Communications at American Electric Power in Columbus, Ohio, a role he assumed in 2000. Prior to that, Mr. Ashooh was Vice President, Public Affairs and Corporate Communications at Niagara Mohawk Power Corp. in Syracuse, New York for eight years. Earlier, he held the position of Vice President, Corporate Communications at Paramount Communications, Inc. and before that was Director, Corporate Communications at Public Service of New Hampshire from 1978 to 1990. Mr. Ashooh is a native of Manchester, New Hampshire and a graduate of Marquette University in Milwaukee, Wisconsin.

Mr. Ashooh will report directly to AIG President and Chief Executive Officer Martin J. Sullivan. His new responsibilities will include corporate and employee communications, publications, advertising and global branding, media and public relations, marketing communications and the AIG archives. He will also have management responsibility for communications policies, programs and activities undertaken by AIG subsidiaries domestically and overseas.

Commenting on the announcement, Mr. Sullivan said, "Nick has an outstanding background and is an experienced communications professional. We are delighted he has agreed to join AIG in this important position."

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 on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

American International Group, Inc.
Joe Norton