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AIG Announces U.S. Department of the Treasury Pricing of Offering to Sell Shares of AIG Common Stock



  AIG Announces U.S. Department of the Treasury Pricing of Offering to Sell
  Shares of AIG Common Stock

Business Wire

NEW YORK -- May 06, 2012

American International Group, Inc. (NYSE: AIG) today announced that the U.S.
Department of the Treasury (Treasury) has priced an offering of 163,934,426
shares of its AIG common stock at the public offering price of $30.50 per
share. Treasury has also granted an option to the underwriters for the
offering to purchase up to an additional 24,590,163 shares to cover
over-allotments, if any. In connection with Treasury’s offering and as
permitted by the previously announced authorization by the AIG Board of
Directors, AIG has agreed to purchase 65,573,770 shares of AIG common stock in
the offering at the public offering price for an aggregate purchase amount of
approximately $2.0 billion.

This press release contains “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995. In particular, no
assurance can be given that the offering or purchase will be completed. These
forward-looking statements reflect AIG’s current views with respect to future
events and are based on assumptions and are subject to risks and
uncertainties. Except for AIG’s ongoing obligation to disclose material
information as required by federal securities laws, it does not intend to
provide an update concerning any future revisions to any forward-looking
statements to reflect events or circumstances occurring after the date hereof.

The offering is being made under AIG's shelf registration statement filed with
the Securities and Exchange Commission and only by means of a prospectus
supplement and accompanying prospectus. When available, a copy of the
prospectus supplement and accompanying prospectus relating to the offering may
be obtained from the Securities and Exchange Commission’s Web site at
www.sec.gov or by contacting any of (i) Deutsche Bank Securities Inc.,
Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by
calling 1-800-503-4611 or emailing prospectus.cpdg@db.com, (ii) Goldman, Sachs
& Co. Attn: Prospectus Department, 200 West Street, New York, New York 10282,
by calling toll-free 866-471-2526, by faxing 212-902-9316 or by emailing
prospectus-ny@ny.gmail.gs.com, (iii) BofA Merrill Lynch, 4 World Financial
Center, New York, NY 10080, Attn: Prospectus Department, by emailing
dg.prospectus_requests@baml.com, (iv) Barclays Capital Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by
emailing Barclaysprospectus@broadridge.com or calling 888-603-5847, (v)
Citigroup Global Markets Inc., Attn: Prospectus Department, Brooklyn Army
Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220, by calling
800-831-9146, (vi) Credit Suisse Securities (USA) LLC, Attn: Prospectus
Department, One Madison Avenue, New York, NY 10010, by emailing
newyork.prospectus@credit-suisse.com or calling 800-221-1037, (vii) J.P.
Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, by calling 866 803-9204, (viii) Macquarie Capital
(USA) Inc., 125 West 55th Street, New York, NY 10019, Attn: Prospectus
Department, by emailing US.Prospectus@Macquarie.com or calling (888) 268-3937,
(ix) Morgan Stanley & Co. LLC, c/o Prospectus Department, 180 Varick Street
2/F, New York, NY 10014 or by emailing at prospectus@morganstanley.com, (x)
UBS Securities LLC, 299 Park Avenue, New York, NY 10171, Attn: Prospectus
Department, by calling (888) 827-7275, and (xi) Wells Fargo Securities, LLC,
375 Park Avenue, New York, NY 10152, Attention: Equity Syndicate Department,
by emailing cmclientsupport@wellsfargo.com or calling 800-326-5897.

American International Group, Inc. (AIG) is a leading international insurance
organization serving customers in more than 130 countries. AIG companies serve
commercial, institutional, and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and retirement services
in the United States. AIG common stock is listed on the New York Stock
Exchange and the Tokyo Stock Exchange.

Contact:

American International Group, Inc.
News Media
Jim Ankner, 212-770-3277
Cell: 917-882-7677
or
Investment Community
Liz Werner, 212-770-7074
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