REG-American Intnl Group AIG to Sell Its Consumer Finance Operations in Mexico

NEW YORK--(Business Wire)--

American International Group, Inc. (AIG) today announced that it has entered
into an agreement to sell 100 percent of its shares in its consumer finance
operations in Mexico, consisting of AIG Universal, S.A. de C.V. SOFOM E.N.R. and
Markcenter Services, S. de R.L. de C.V, toDesarrollo de Negocios Integrados,
S.A. de C.V. and Inversiones DNI, S.A. de C.V., companies related to Afirme
Grupo Financiero and Consorcio Villacero. The transaction is subject to the
satisfaction of certain conditions, including approval by the Mexican Federal
Competition Commission.

Terms of the transaction were not disclosed.

Launched in 2005, AIG Universal has a network of 50 branches serving
approximately 50,000 clients in twelve states in the central and northern
regions of Mexico, and offers its clients personal loans and third party
insurance.

UBS Investment Bank acted as financial advisor and Kramer Levin Naftalis &
Frankel served as legal counsel to AIG on this transaction.

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 Ireland and
Tokyo.

American International Group, Inc.
News Media
Peter Tulupman, 212-770-3141
or
Investor Community
Teri Watson, 212-770-7074

American International Group, Inc.

Copyright Business Wire 2009