AIG

Insurance and Insurance-Related Services Rendered to Corporate and Other Commercial Clients-Namely, Insurance-Management Services, Insurance-Consulting Services, Self-Insurance Services, Actuarial Services, Pension-Fund Administrative Services, Loss-Adjustment Services, and Insurance-Related Safety-Engineering Services; Insurance and Insurance-Related Services Rendered to Insurance-Company Clients-Namely, Reinsurance Services and Loss-Adjustment Services; Insurance-Related Financial Services Rendered to Commercial and Individual Clients-Namely, Installment-Loan Services

insurance underwriting in all fields of insurance except risk management safety programs; insurance related services and financial services; namely, insurance administration services; self-insurance services other than in the fields of life and title insurance; namely, assisting others to protect against loss by setting aside reserves against potential losses, and risk management to minimize the impact of such losses; actuarial services; pension fund administrative services; loss adjustment services; insurance consulting services; namely, evaluation of others' insurance programs in order to analyze current or potential risks, to recommend corrective actions and to conduct follow-up assessments for containing risks, to conduct insurance-related corporate safety programs and surveys, and to increase safety and identify and eliminate loss producing conditions in corporate settings; reinsurance services; namely, sharing insurance risks, either by accepting such risks from clients or placing them with other insurers; interest rate and currency swaps; namely, the creation and marketing of standard and customized financial products, derived from interest rate and currency transactions; equity-derivative product transactions; commodities trading performed for others; securities broker/dealer services; pension and investment fund management; provision of loans and of credit and of guarantees and surety; investment consultation, investment management and investment advisory services; mutual fund creation, marketing, sales and management; investment and merchant banking; management of real estate and the leasing thereof; real estate mortgage lending services; installment loan services; and financial management

financial management services; namely, investing in high yield portfolios specializing in investments in high yield increasing rate and resetting notes issued by corporations; financial lending services; namely, providing bridge financing and other short term interim loans relating primarily to reorganization and leveraged buyouts; financial debt management services; namely, providing lines of credit to municipalities to enable the freeing up of funds placed in reserve; financial investments in collateralized mortgage obligation residual interests; investment management services of short term pool accounts; trading in currency markets; financing services; namely, issuance of commercial paper to finance the purchase of receivables; "CAPITAL CORP."