FORM 5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Form 3 Holdings Reported Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * GREENBERG MAURICE R 2. Issuer Name and Ticker or Trading Symbol AMERICAN INTERNATIONAL GROUP INC [AIG] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 399 PARK AVENUE, 17TH FLOOR 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2007 (Street) NEW YORK, X1 10022 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Reporting (check applicable line) _X_ Form Filed by One Reporting Person ___ Form Filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Amount (A) or (D) Price Common Stock 01/03/2007   G 167 D $ 0 12,985,977 D   Common Stock 01/03/2007   G 167 D $ 0 12,985,977 D   Common Stock 02/26/2007   G(1) 174 D $ 0 12,985,977 D   Common Stock 04/16/2007   G(1) 178 D $ 0 12,985,977 D   Common Stock 05/07/2007   G(1) 167 D $ 0 12,985,977 D   Common Stock 05/14/2007   G 100 D $ 0 12,985,977 D   Common Stock 06/11/2007   G(1) 167 D $ 0 12,985,977 D   Common Stock 06/25/2007   G(1) 168 D $ 0 12,985,977 D   Common Stock 07/11/2007   G(1) 175 D $ 0 12,985,977 D   Common Stock 08/14/2007   G 187 D $ 0 12,985,977 D   Common Stock 09/11/2007   G 185 D $ 0 12,985,977 D   Common Stock 10/12/2007   G(1) 176 D $ 0 12,985,977 D   Common Stock 11/12/2007   G 209 D $ 0 12,985,977 D   Common Stock 11/12/2007   G 209 D $ 0 12,985,977 D   Common Stock 12/05/2007   G 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G 205 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 205 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 205 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 206 D $ 0 12,985,977 D   Common Stock 12/05/2007   G(1) 203 D $ 0 12,985,977 D   Common Stock 12/05/2007   G 206 D $ 0 12,985,977 D   Common Stock 12/18/2007   G(1) 215 D $ 0 12,985,977 D   Common Stock 12/26/2007   G 109,852 D $ 0 25,269,689 I See Footnote (2) Common Stock 12/26/2007   G 312,658 D $ 0 25,269,689 I See Footnote (2) Common Stock 12/26/2007   G(3) 632,801 D $ 0 25,269,689 I See Footnote (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
GREENBERG MAURICE R 399 PARK AVENUE 17TH FLOOR NEW YORK, X1 10022	Â	  X	Â	Â

Signatures

By: /s/ Bertil P-H Lundqvist, Attorney-in-Fact		02/13/2008
**Signature of Reporting Person		Date
By: /s/ George Y. Liu, Attorny-in-Fact		02/13/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This transaction represents a gift of common stock of American International Group, Inc. ("AIG") previously owned by Mr. and Mrs. Greenberg as tenants in common to a family trust for which Mr. Greenberg is the trustee.
(2)	Shares of common stock of AIG are owned by the Maurice R. and Corinne P. Greenberg Joint Tenancy Company, LLC (the "Greenberg Joint Tenancy Company"), a Florida limited liability company, whose sole member is the Maurice R. and Corinne P. Greenberg Joint Tenancy Corporation, Inc., a Florida corporation, whose common stock is held by Mr. and Mrs. Greenberg as tenants by the entities.
(3)	This transaction represents a gift of common stock of AIG previously owned by the Greenberg Joint Tenancy Company to The Maurice R. and Corinne P. Greenberg Family Foundation, Inc. (the "Greenberg Foundation"), of which Mr. Greenberg is chairman of the board of directors.
  Remarks: Mr. Greenberg may be deemed to beneficially own more than 10% of the common stock of AIG under Rule 16a-1(a)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as a result of him being deemed a member of a group under Section 13(d)(3) of the Exchange Act.

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