AIG CEO BOB BENMOSCHE'S MEMO TO EMPLOYEES

     (The following memo from AIG Chief Executive Officer Bob Benmosche was 
received by e-mail and was reformatted. The sender verified the statement.) 
Dear Colleagues: 
As you know, today the AIG Board of Directors met to review a demand received 
from Starr International Company that AIG either pursue, or allow Starr to 
pursue, legal claims brought by Starr in AIG's name contesting certain terms of 
the U.S. Government's rescue of AIG in 2008. 
Today, the AIG Board has determined to refuse Starr's demand in its entirety, 
which means we will neither pursue these claims nor allow Starr to do so. 
The Board's decision today was about continuing to move this company forward, 
not backward. We as a company have kept our promise to return every dollar 
America invested in us, plus a substantial profit. 
The Board was legally required to consider the Starr demand - the law and the 
courts required it - and we did so thoughtfully, weighing all the appropriate 
factors. That is what sound corporate governance and properly undertaking our 
responsibilities and obligations to our shareholders are all about. 
I want to reiterate how excited we are about the opportunities ahead. We mean 
it when we say thank you to the American people. They gave us the opportunity 
to rebuild this company. You, our employees, expressed your genuine gratitude 
every day over the last several years by keeping our promise and delivering a 
profit of $22.7 billion to those who put their trust in us. 
We will continue our momentum in honoring America's trust and confidence 
through our strong performance as a company and our commitment to doing right 
by each other, our customers, our investors, and the communities where we live 
and work. 
Thank you. 
Bob 
(kgt)NY
 
 
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