1 FILED PURSUANT TO RULE 424(b)(3) FILE NO.333-31024 PRICING SUPPLEMENT NO. 2 DATED June 21, 2001 (TO PROSPECTUS SUPPLEMENT DATED JANUARY 26, 2001 AND PROSPECTUS DATED MARCH 3, 2000) AMERICAN INTERNATIONAL GROUP, INC. SERIES F, MEDIUM TERM NOTES FIXED RATE NOTE DUE 9 MONTHS OR MORE FROM DATE OF ISSUE ---------------- Original Issue Date: June 26, 2001 Purchasing Agent: Merrill Lynch & Co. Specified Currency: U.S. Dollars Purchasing Agent's Discount or Commission (%): 0.051% Principal Amount: $100,000,000 Net Proceeds to the Company (%): 99.949% Book Entry: Yes-DTC CUSIP #: 02687QAY4 Redemption Commencement Date (if any): N/A Certificated: N/A Redemption Prices: N/A Interest Rate: 4.45% per annum Full Defeasance: Applies Stated Maturity: June 26, 2003 Covenant Defeasance: Applies Issue Price (as a percentage of principal amount): 100% Interest Payment Dates: June 1 and December 1, commencing December 1, 2001 Selling Agent: N/A Selling Agent's Commission (%): N/A Regular Record Dates: May 15 and November 15 "N/A" means not applicable. NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PRICING SUPPLEMENT IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.