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AIG Names Monika M. Machon AIG Treasurer; Brian T. Schreiber, Geoffrey N. Cornell Promoted To AIG Deputy Chief Investment Officers

Ms. Machon joined AIG Asset Management (Europe) Limited in 1998 as Director, Credit and Emerging Markets. She was appointed Global Head of Asset Management in January 2009. In this role, she was responsible for managing AIG insurance assets and leading a multinational investment team comprising over 175 global professionals. Previous roles at AIG include Head of Fixed Income, CEO of AIG Asset Management (Europe) Limited, and Global Head of Emerging Markets Fixed Income. Prior to joining AIG, Ms. Machon worked with Barclays Capital, Providian (now Aegon USA), Northwestern Mutual Life, and INB. Ms. Machon holds a Doctor of Jurisprudence and MBA (Finance) degrees from Indiana University, and a B.S. in Business Administration from Rockhurst University. She is a member of the Wisconsin Bar and a CFA charter holder. Ms. Machon is a member of the AIG Senior Leadership Team.

Mr. Cornell joined AIG in 1994 and most recently served as North American Regional Chief Investment Officer, responsible for developing strategic asset allocation and managing investment portfolios for the AIG Property Casualty North America region and other AIG Corporate functions. In this new role, Mr. Cornell will oversee certain public market portfolios, including High Grade and High Yield Corporate Debt, Municipal Securities, and Investment Strategy & Sovereign Research. Mr. Cornell is a graduate of Bryant University and earned an MBA degree in Finance from Fordham University. He is a CFA charter holder.

Certain statements in this press release constitute forward-looking statements. These statements are not historical facts but instead represent only AIG’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside AIG’s control. It is possible that actual results will differ, possibly materially, from the anticipated results indicated in these statements. Factors that could cause actual results to differ, possibly materially, from those in the forward-looking statements are discussed throughout AIG’s periodic filings with the SEC pursuant to the Securities Exchange Act of 1934.

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