IMPORTANT UPDATE

Any requests for reissue of award checks for the Second Distribution of the SEC v AIG Fair Fund must be made by no later than January 31, 2011. You may send your reissue requests via email to the Settlement Administrator: info@aigsettlementadministration.com. Or you may mail requests for reissue to:

SEC v AIG Fair Fund Settlement
c/o Epiq Systems
P O Box 3605
Portland, OR 97208-3605

The Settlement Administrator will not be accepting any reissue requests after January 31, 2011.

The Distribution Agent is completing the review and allocation process for all received claims. Upon completion of this process, a Final Report, which will include all approved allocations, will be submitted to the Court for review and approval. Upon approval by the Court, the Distribution Agent will begin making payments to eligible claimants. It is expected that first payments will begin to be mailed to eligible claimants by the end of April - early May of 2009.

If you purchased American International Group, Inc., (“AIG”) common stock or certain AIG or AIG-affiliated fixed-income securities between February 8, 2001 and March 31, 2005, you may be eligible for compensation.

The United States Securities and Commission (the “Commission”) filed a Complaint in this action on February 9, 2006, alleging that from at least 2000 until 2005, AIG materially falsified its financial statements through a variety of sham transactions and entities and that AIG reported materially false and misleading information about its financial condition. On February 17, 2006, the United States District Court for the Southern District of New York (the “Court”) entered a Final Judgment against AIG, to which AIG consented without admitting or denying the allegations of the Complaint. Pursuant to the Final Judgment, on March 3, 2006, AIG paid a total of $800 million ($700 million in disgorgement and a civil penalty of $100 million) to the Clerk of the Court. The funds were thereafter deposited in an interest-bearing account with the Court Registry Investment System (“CRIS”). In an order of June 14, 2007, the Court authorized the Commission to establish a Fair Fund in accordance with Section 308(a) of the Sarbanes-Oxley Act. The Fair Fund includes all of the funds in the CRIS account established in this action and any other amounts subsequently paid into that account. The Court’s order also appointed Kenneth R. Feinberg as Distribution Agent to prepare and propose to the Court a plan of distribution for the Fair Fund.

The Court approved the Distribution Plan on April 14, 2008.

If you have additional questions, please contact the Distribution Agent by one of the following methods below.

You can also visit the U.S. Securities and Exchange Commission’s website by clicking here.