March 14, 2008, Hong Kong – American International Assurance Company (Bermuda) Limited (AIA) today announced two senior promotions and one new appointment.

Donald Chan has been promoted to Vice President and Head of Investment Linked Business. In his new role, Mr. Chan is responsible for exploring business opportunity and managing the growth of AIA¡¦s investment linked business. He will also focus on business strategy planning, enhancement of support to the agency force and customer services for the investment linked business. Mr. Chan is a seasoned professional with over 20 years experience. He joined AIA in 2002 and brings nearly 15 years of experience gained within the investment sector.

Jones Lam has been promoted to Vice President and Head of Financial Planning. Mr. Lam is in charge of developing and implementing strategy for Financial Planner (FP) expansion, formulating initiatives and monitoring FP development. He is also responsible for recruiting Financial Planners, enhancement of support and customer services to the FP team. Mr. Lam brings 18 years of experience gained within the insurance sector and other financial institutions. He holds a Master¡¦s Degree of Business Administration in Financial Services from The Hong Kong Polytechnic University, and has achieved the designations of Certified Financial Management Planner (CFMP), Registered Financial Planner (RFP) and Fellow, Life Management Institute (FLMI). Mr. Lam is also a Founding Member of the Society of Registered Financial Planners and a member of the Founding Committee of Institute of Financial Planners of Hong Kong.

Michael Kwok has been appointed Assistant Vice President of Marketing Department. Mr. Kwok is responsible for product advertising and marketing communication, as well as strategic planning to help achieve top line business results. He will also implement the service visions and strategies to ensure quality service is provided to the agency force. Mr. Kwok has extensive experience in marketing and communication gained from banking and telecommunication industry.

AIA is one of the largest life insurers in Southeast Asia, with branch offices, subsidiaries and affiliated companies located in countries and jurisdictions including Mainland China, Hong Kong, Macau, Taiwan, Australia, Brunei, Guam, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, 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). 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.

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