Banque AIG Expands Financing Capabilities in Asia; Adds Equity Structu

    Business Editors/Financial Editors

    WILTON, Conn.--(BUSINESS WIRE)--May 11, 2005--AIG Financial Products Corp. (AIG-FP) today announced that its subsidiary, Banque AIG, has hired Jeremy Kloiser-Jones and John Enderle as Managing Directors, and Shuichi Shiraishi as a Vice President, in its Tokyo branch. This team will further enhance Banque AIG's proven ability to provide private structured equity financing to Japanese clients through its unique combination of a strong balance sheet, substantial capital and derivative markets expertise, and exceptional execution capabilities.
    Before joining Banque AIG, Jeremy Kloiser-Jones was the head of Equity Derivatives Marketing for JP Morgan in Tokyo, prior to which he held a similar position at Lehman Brothers, also based in Tokyo. All three members of the new team worked together at JP Morgan and bring a wealth of experience in equity derivatives trading, structuring and marketing.
    Nigel Pentland, CEO of Banque AIG Tokyo Branch, said "We are pleased to add Jeremy, John and Shuichi to our group. These additions will significantly enhance our capabilities, as we continue to source and structure equity related financings for our Japanese clients. They complement our existing team and business focus very well."

    About AIG Financial Products Corp.

    AIG-FP is a wholly-owned subsidiary of American International Group, Inc. (NYSE: AIG), the world's leading international insurance and financial services organization, with operations in more than 130 countries and jurisdictions. The AIG-FP group, with offices in London, Paris, Tokyo, Houston, and Wilton, CT, is a leading derivatives dealer in the commodities, credit, energy, equity, fixed income, foreign exchange and metals markets and provides solutions to the corporate finance, financial risk management and investment needs of its clients. For more information visit www.aigfp.com.

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CONTACT: Sloane & Company Whit Clay, 212-446-1864 or Keil Decker, 212-446-1875

KEYWORD: CONNECTICUT JAPAN INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: BANKING MANAGEMENT CHANGES SOURCE: AIG Financial Products Corp.

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