GREENSBORO, NC— AIG United Guaranty,¹ whose subsidiary companies provide mortgage guaranty and education loan insurance, emerging markets support, and other financial products and services, has named Barbara Stein (formerly Barbara Lorenz) as vice president of credit risk management for its Domestic Residential Group.

According to Jason Bohrer, executive vice president and group executive for the Domestic Residential Group, “We are thrilled to have Barbara on board. With her extensive experience in the mortgage industry, she will provide valuable expertise in ensuring we remain a competitive partner of choice for our customers’ credit risk needs.”

Stein was most recently director and operations risk manager at GMAC RFC Mortgage Corporation. In 2006, she was awarded GMAC’s Pinnacle award for outstanding achievement. Previously, she built more than 20 years’ experience managing risk, underwriting, compliance, and client services within the mortgage insurance industry.

The mortgage insurance subsidiaries of AIG United Guaranty provide mortgage guaranty insurance service to financial institutions worldwide, helping to minimize reliance on government fiscal support through private-sector risk management. Mortgage insurance coverage on low-down-payment loans protects a lender against losses due to homeowner default. Home ownership studies show that loans with limited down payments have an increased likelihood of default, particularly in periods of severe or prolonged economic distress.

About AIG United Guaranty

United Guaranty Corporation (AIG United Guaranty) and its subsidiaries are member companies of American International Group, Inc. (AIG). The company has been headquartered in Greensboro, North Carolina, since it was established in 1963.

Subsidiaries of AIG United Guaranty provide a comprehensive range of financial products and services to lenders and investors, including mortgage guaranty insurance for first and second mortgages, and private education loan default insurance. AIG United Guaranty’s international locations include offices in 18 countries.

About AIG

American International Group, Inc. (AIG), world leaders 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 in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland, and Tokyo.

# # #