Dow Jones Indexes, AIG Financial Products Corp. To Launch Commodity Forward Indexes - New Benchmarks Created For Forward Exposure In Response To Continued Expansion Of Asset Class

Dow Jones Indexes, a leading global index provider, and AIG Financial Products Corp. (AIG-FP), a leader in financial derivatives products and a wholly-owned subsidiary of American International Group, Inc. (AIG), today launched three new versions of the Dow Jones – AIG Commodity Index^SM (DJ-AIGCI^SM): the Dow Jones – AIG Commodity Forward Indexes. The new indexes will allow investors to measure exposure to longer-dated commodity futures contracts. The DJ-AIG Commodity Index 1 Month ForwardSM, the DJ-AIG Commodity Index 2 Month Forward^SM, and the DJ-AIG Commodity Index 3 Month Forward^SM were created as tools for investors who have begun to seek increasingly sophisticated tools to manage their commodity investments as they move a portion of their exposure into longer-dated commodity futures. With the expansion of commodity futures markets in recent years, trading volume in further dated contracts has generally increased.

The Dow Jones - AIG Commodity Forward Indexes are constructed according to the rules of the DJ-AIGCI and represent the index composition one, two, and three months into the future. Each of the indexes uses different contract months for the 19 underlying commodity futures. Thus, in July 2006 the DJ-AIG Commodity Index 1 Month Forward includes those commodity futures contracts which will be in the DJ-AIGCI in August. Similarly, in July 2006 the 2 and 3 Month Forward Indexes include those contracts which will be in the DJ-AIGCI in September and October, respectively. Excess and Total Return versions of each of the new indexes are available. The new indexes join the 45 other DJ-AIGCI related indexes and sub-indexes already calculated daily by Dow Jones Indexes and AIG Financial Products Corp.

As commodity index-based investment has expanded in recent years, investors have increasingly begun to articulate views on the shape of commodity futures curves. These new indexes provide investors with a benchmark to measure the performance of deferred commodity futures markets. While futures markets have continued to develop, investors have also become increasingly sensitive to the details of index construction. These new indexes have the advantage of being constructed according to the rules of the DJ-AIGCI.

"We want to be responsive to commodity index investors’ needs now that commodities have gained acceptance as a mainstream asset class,” said Michael A. Petronella, President, Dow Jones Indexes/Ventures. “As forward commodity futures markets have become more liquid, we feel it is important to develop new indexes for investors seeking to take advantage of the different return characteristics of longer-dated commodity futures."

"The story here is that commodity index investors have become increasingly sophisticated about the types of exposure they want in their portfolios, including the option of moving a portion of their overall commodity exposure into longer dated maturities,” said Joseph Cassano, President, AIG Financial Products Corp. “These new indexes allow investors to do this with the credibility of a benchmark that has attracted in excess of $30 billion in assets."

The Dow Jones-AIG Commodity Index, a diversified and highly liquid benchmark for the commodities markets, is composed of futures contracts on 19 physical commodities and was introduced in 1998. Index methodology and futures contracts used to calculate the index are published in the DJ-AIGCI Handbook. The handbook can be requested via www.djindexes.com or www.aigfp.com.