American International Assurance Company (Bermuda) Limited

September 28, 2006, Hong Kong – American International Assurance Company (Bermuda) Limited (AIA) today announced that a brand new education savings plan, "Talent Builder", will be launched on October 1, 2006. This plan is specially designed to assist customers to plan ahead for the education expenses of their children.

Mr. Thomas Lee, Vice President and Actuary of AIA said, "Nowadays, parents deeply understand the importance of having an education savings plan. With the costs of both local and overseas university education escalating, it takes time and prudent financial planning to achieve the savings target. To meet customer needs, AIA has designed "Talent Builder" which helps parents prepare for future education expenses."

Talent Builder is offered to children who are aged between 0 and 11. t provides coverage until 18 years of age, but the premium is payable only up to the age of 15. The premium amount is guaranteed to remain unchanged within the premium payment period. The face amount ranges from US$10,000 to US$1,000,000. Customers are guaranteed to receive the face amount when their children reach the age of 18. In addition, non-guaranteed dividends may be offered.

To cater for the future insurance needs, "Talent Builder" offers Guaranteed Insurability Privilege. It allows the insured to exercise the right to purchase a new life insurance policy within six months after the policy matures without any evidence of insurability. The coverage can be as high as three times the original face amount, up to a maximum of US$300,000. In addition, customers can choose to attach a "Payor's Benefit Rider" to the plan depending on their needs. In the event of the payorˇs death or total disability, AIA will pay the premiums for the payor until the end of the premium payment period, ensuring the education fund will accumulate according to the plan.

Applicants who successfully apply for the plan on or before November 30, 2006 will receive a lovely piggy bank.

AIA is Southeast Asia's largest life insurer, with branch offices, subsidiaries and affiliated companies located in countries and jurisdictions including Australia, Brunei, China, Guam, Hong Kong, India, Indonesia, Japan, Macau, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. AIA markets a full line of life insurance products through a multi-channel distribution system, whose core franchise is an extensive agency force. AIA is a wholly-owned subsidiary of American International Group, Inc. (AIG), the world's leading international insurance and financial services organization.