3 October, 2008

Dear Valued Policyholders

We are delighted to be able to draw a line under the uncertainty of the last few weeks. We understand that these have been somewhat unsettling times for our policyholders, agents and staff, and we are deeply grateful for the exceptional support that they have shown us.

Our parent company AIG indicated on 3 October 2008 its intention to retain a majority interest in the AIA companies, whilst seeking minority strategic investors' participation. The introduction of one or more minority investors will ensure the AIA companies' ability to grow to their full potential in future years.

AIA is financially-strong. During our unparalleled history in Asia, we have built a pre-eminent position with about 20 million policyholders and over 250,000 agents. We are clearly a leader in our markets.

The announcement is good news for AIA, our policyholders, staff, agents and distribution partners, and we will ensure that we continue to grow and offer the quality of services and products for which we are renowned.

Across Asia, you, our customers have been loyal during the last few weeks. Indeed, AIA Companies have retained more than 99% of our customers in the last few weeks.

In Singapore, AIA has been serving customers since 1931. We have more than 1 million policyholders and 2.8 million policies in force. As at 22 September 2008, AIA Singapore held total assets at market value amounting to more than S$24 billion. These assets include our 5 AIA buildings located at Robinson Road, Alexandra, Changi, Tampines and Tanjong Pagar.

We would like to assure you that AIA has a strong and well-positioned business in Singapore. As stated by the Monetary Authority of Singapore (MAS) on 16 September 2008:

"As with all insurance companies in Singapore, AIA is required under the Insurance Act to maintain statutory insurance funds, including an investment-linked fund. These funds are segregated from its head office and other shareholders' funds. Within these insurance funds, AIA must maintain sufficient assets to meet all its liabilities to policyholders, which include participating policies and investment-linked policies ... AIA currently has sufficient assets in its insurance funds to meet its liabilities to policyholders."

Once again, thank you for your support. AIA is committed to serving your needs and providing you with valuable insurance protection and financial security.

Latest News Releases from AIA
10 November 2008 - AIA continues to be profitable and robust despite challenging environment

03 October 2008 - AIA Companies Media Statement

18 September 2008 - AIA Announces Change in Singapore Leadership

18 September 2008 - AIA Announces Policy Conservation Programme

16 September 2008 - AIA Assures Policyholders That It has More Than Sufficient Capital and Reserves to Meet All Obligations



Latest News Releases from AIG
03 October 2008 - AIG to Refocus as Worldwide Property and Casualty Company with Continuing Presence in Foreign Life