X0202 4 2004-12-15 0 0000005272 AMERICAN INTERNATIONAL GROUP INC (AIG) 0001236591 CASTELLI MICHAEL J AMERICAN INTERNATIONAL GROUP, INC. 70 PINE STREET NEW YORK NY 10270 0 1 0 0 Vice President & Comptroller Common Stock 2004-12-15 4 J 0 1890 64.7200 A 16553.00 D Common Stock 2004-12-15 4 J 0 1890 64.7200 D 14663.00 D Common Stock 2004-12-15 4 M 0 965 15.3087 A 15628.00 D Employee Stock Option (Right to Buy) 15.3087 2004-12-15 4 M 0 1265 D 1998-12-15 2004-12-15 Common Stock 1265.00 0.00 D Distribution pursuant to Starr International Company, Inc. Deferred Compensation Profit Participation Plan. The distribution was paid in cash based on an AIG common stock price of $64.72 per share. Includes 584.11 shares that were withheld to satisfy certain tax liabilities. On December 15, 2004, Mr. Castelli exercised options for 1,265 shares using previously owned shares to pay for options granted pursuant to the 1991 Employee Stock Option Plan. This acquisition reflects the number of options exercised less the 300 shares surrendered to purchase the option. These options were granted under AIG's 1991 Employee Stock Option Plan. Pursuant to the terms of the plan, 25% of the option becomes exercisable on the anniversary date of the grant in each of the four years following the grant. By: /s/ Kathleen E. Shannon, by power of attorney for 2004-12-16