Estee Lauder’s Langhammer, Citigroup’s Willumstad Join AIG Board

January 18, 2006

The board of directors of American International Group, Inc. has elected Fred H. Langhammer and Robert B. Willumstad as directors.

Langhammer served was chief executive officer of The Estée Lauder
Companies Inc. from 1999 to 2004, and was president and chief operating officer of the cosmetics company from 1995 to 1999. Currently, he is chairman of global affairs for Estée Lauder.

Willumstad recently retired as president and chief operating officer of
Citigroup Inc. He was a member of the Citigroup board of directors.

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