American International Assurance Company (Bermuda) Limited

January 22, 2007, Hong Kong – American International Assurance Company (Bermuda) Limited (AIA) today held the presentation ceremony for the AIA Athletes Insurance Awards. At the ceremony, 42 local Hong Kong athletes who took home medals at last month's Doha Asian Games were awarded HK$25,845,000 worth of life insurance plans in recognition of their outstanding performance.

Mr Alwin Lam, Chairman and Mr Derek Yung, Senior Vice President and General Manager of AIA congratulated the Hong Kong delegation on their accomplishments at the Doha Asian Games. By winning 6 gold, 12 silver and 10 bronze medals, the athletes have marked a golden milestone in Hong Kong's history of sports.

Mr Derek Yung said, "As a good corporate citizen, AIA has always supported the development of sports in Hong Kong. Established in 2004, the AIA Athletes Insurance Awards is our largest-ever sports sponsorship program. Through rewarding local athletes who represent Hong Kong at the 2004 Olympics, 2005 Asian Games and 2006 East Asian Games with Whole Life Savings Insurance Plan and 15-Year Term Insurance Plan, we wish to pay tribute to our Hong Kong medal winners by offering them concrete life protection, enabling them to enjoy each game to the fullest. As of today, a total of 96 local athletes have benefited from a total of over HK$34 million of life coverage from AIA."

The Hon. Timothy T T Fok, President, Sports Federation & Olympic Committee of Hong Kong, China, said, "In addition to the wholehearted participation of our local elite athletes in the Doha Asian Games as well as the dynamic collaboration between the government, sports officials, athletes and the community; support from responsible corporations is indispensable to the success of local sports promotion and development. The AIA Athletes Insurance Awards have broadened the horizon of sports sponsorship by introducing a unique way of supporting the life-long development of athletes."

AIA Athletes Insurance Awards aim to reward medal-winning athletes who represent Hong Kong at the 2004 Olympics, 2005 Asian Games and 2006 East Asian Games. Each eligible athlete is awarded a Whole Life Savings Insurance Plan and a 15-Year Term Insurance Plan to support the long-term development of sports in Hong Kong.

Team Awards
Team of 2	50% of the above sum assured for each medalist	Team of 5	20% of the above sum assured for each medalist
Team of 3	35% of the above sum assured for each medalist	Team of 6-10	15% of the above sum assured for each medalist
Team of 4	25% of the above sum assured for each medalist	Team of more than 10	10% of the above sum assured for each medalist

AIA is one of the Southeast Asia's largest life insurers, 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), world leaders in insurance and financial services.

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.