NEW YORK,NY – May 19, 2008 ““ Today American International Group, Inc. (AIG) released its second report on corporate responsibility, “Putting our Strength Behind Sustainability”, which focuses on long-term sustainability and illustrates how AIG’s Vision and Values guide the company’s approach to environmental, social, and governance [ESG] issues.

“AIG is devoting the resources necessary to manage our risks while developing innovative solutions to help our clients better manage their own risks,” says AIG President and CEO Martin J. Sullivan. “At the same time, the spirit of entrepreneurship is helping us seize new markets in critical environmental, social and governance areas, particularly the environment.”

The report covers eight focus areas and details how these corporate responsibility initiatives are creating value for AIG, its customers, business partners and shareholders, as they contribute to the growth of sustainable, prosperous communities.

Highlights from the report include:

• A sustainable investment strategy – integrating ESG analysis into the company’s investment process.
  
• Environmental responsibility – developing new insurance products that address client needs related to alternative energy and limiting carbon emissions, as well as products that support the growing carbon market.
  
• Entrepreneurship and empowerment – continuing to deliver financial services to the world’s working poor through microfinance
  
• Diversity – recognizing that companies with diverse employees, clients and suppliers are better positioned to develop creative solutions to complex business challenges.
  
• Corporate giving – striving to make a difference in the communities where AIG does business by partnering with charitable organizations.
  

In 2008, AIG was listed again by Innovest as one of the 100 most sustainable companies in the world. The Global 100 includes companies from 16 countries that are evaluated according to how effectively they manage environmental, social and governance risks and opportunities, relative to their industry peers.

A downloadable version of the report is available at www.aig.com/responsibility. For a printed copy, send a request by e-mail to [email protected].

American International Group, Inc. (AIG), a world leader 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 Paris and Tokyo.