|AIG TO WITHDRAW ITS COMMON STOCK LISTING ON NYSE ARCA, INC|
NEW YORK--(BUSINESS WIRE)--Dec. 20, 2006--American International Group, Inc. (AIG) today announced that it plans to voluntarily withdraw its Common Stock (par value $2.50 per share) from listing on NYSE Arca, Inc., formerly the Pacific Exchange. AIG's Common Stock will continue to be listed on the New York Stock Exchange.
The decision to voluntarily withdraw listing from NYSE Arca, Inc. was made to eliminate duplicate administrative requirements inherent with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca. NYSE Arca will continue trading AIG's Common Stock on an unlisted trading privilege basis.
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.