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Investments in RMBS

The following table presents AIG’s RMBS investments by year of vintage:

December 31, 2011 December 31, 2010

Gross Gross Percent of Gross Gross Percent of

Amortized Unrealized Unrealized Fair Amortized Amortized Unrealized Unrealized Fair Amortized

(in millions) Cost Gains Losses Value Cost Cost Gains Losses Value Cost

Total RMBS*

2011 $ 8,972 $ 306 $ (31) $ 9,247 26% $-$-$-$- -%

2010 3,787 139 (1) 3,925 11 4,157 11 (53) 4,115 20

2009 598 22 - 620 2 881 9 (3) 887 4

2008 665 49 - 714 2 937 39 (2) 974 5

2007 5,225 153 (330) 5,048 15 2,836 114 (213) 2,737 14

2006 and prior 15,533 718 (1,201) 15,050 44 11,850 527 (1,282) 11,095 57

Total RMBS $ 34,780 $ 1,387 $ (1,563) $34,604 100% $ 20,661 $ 700 $ (1,553) $19,808 100%

Agency

2011 $ 6,701 $ 306 $ (2) $ 7,005 44% $-$-$-$- -%

2010 3,636 139 (1) 3,774 24 4,067 10 (52) 4,025 40

2009 528 21 - 549 3 784 9 (3) 790 8

2008 665 49 - 714 4 937 39 (2) 974 9

2007 549 43 - 592 4 526 36 (2) 560 5

2006 and prior 3,303 420 - 3,723 21 3,825 357 (1) 4,181 38

Total Agency $ 15,382 $ 978 $ (3) $16,357 100% $ 10,139 $ 451 $ (60) $10,530 100%

Alt-A

2011 $-$-$-$- -%$-$-$-$- -%

2010 63 1 - 64 1 70 1 (1) 70 2

2009 ----------

2008 ----------

2007 1,783 59 (191) 1,651 28 1,004 39 (76) 967 28

2006 and prior 4,437 76 (420) 4,093 71 2,449 41 (380) 2,110 70

Total Alt-A $ 6,283 $ 136 $ (611) $ 5,808 100% $ 3,523 $ 81 $ (457) $ 3,147 100%

Subprime

2011 $-$-$-$- -%$-$-$-$- -%

2010 ----------

2009 ----------

2008 -----44 - - 44 3

2007 79 13 (12) 80 4 111 19 (5) 125 9

2006 and prior 1,713 25 (362) 1,376 96 1,104 16 (317) 803 88

Total Subprime $ 1,792 $ 38 $ (374) $ 1,456 100% $ 1,259 $ 35 $ (322) $ 972 100%

Prime non-agency

2011 $ 2,270 $ - $ (29) $ 2,241 21% $-$-$-$- -%

2010 88 - - 88 1 20 - (1) 19 -

2009 70 1 - 71 1 97 - - 97 2

2008 ----------

2007 2,672 28 (105) 2,595 24 1,097 19 (71) 1,045 21

2006 and prior 5,802 153 (356) 5,599 53 4,010 96 (483) 3,623 77

Total Prime non-agency $ 10,902 $ 182 $ (490) $10,594 100% $ 5,224 $ 115 $ (555) $ 4,784 100%

Total Other Housing Related $ 421 $ 53 $ (85) $ 389 100% $ 516 $ 18 $ (159) $ 375 100%

* Includes foreign and jumbo RMBS-related securities.

148 AIG 2011 Form 10-K