Atlantic Station. Award-Winning Redevelopment Community. 6 million square feet of Class A office

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Edmund Stevens
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Atlantic Station Award-Winning Redevelopment Community AIG Global Real Estate s Atlantic Station, a 138-acre mixed-use development project in midtown Atlanta,

The site preserves 11 acres of open space and is estimated to include: The Commons 6 million square feet of Class A office 5,000 residential units 2 million

1930s The District Atlantic Station: Then and Now Former site of Atlantic Steel Mill was contaminated after years of industrial use AIG Global Real Estate

underground water and state-of-e-art sewer system, saving e city tax dollars wi a more efficient water treatment process and fewer overflows at e water treatment

Social Impact Linked to Atlanta s mass transit system by a free shuttle service Estimated to create over 40,000 new jobs Public And Private Sector Sector

1 Atlantic Station Award-Winning Redevelopment Community AIG Global Real Estate s Atlantic Station, a 138-acre mixed-use development project in midtown Atlanta, reflects a close collaboration wi e community and a strong commitment to e environment. The site preserves 11 acres of open space and is estimated to include: The Commons 6 million square feet of Class A office 5,000 residential units 2 million square feet of retail and entertainment 1,000 hotel rooms Development Focus on Environmental Remediation And Sustainable Building Practices Remediation Energy 1930s The District Atlantic Station: Then and Now Former site of Atlantic Steel Mill was contaminated after years of industrial use AIG Global Real Estate remediated e site which involved e removal of 12,000 truckloads of soil and e recycling of 150,000 cubic yards of materials Water Installed wells to monitor underground water and state-of-e-art sewer system, saving e city tax dollars wi a more efficient water treatment process and fewer overflows at e water treatment plant Designed and built e largest, most environmentally-friendly cooling system in soueastern U.S. Social Impact Linked to Atlanta s mass transit system by a free shuttle service Estimated to create over 40,000 new jobs Public And Private Sector Sector Collaboration: U.S. U.S. Environmental Protection Protection Agency And Agency Project XL Atlantic Station qualified under a national initiative at tests innovative ways of achieving better heal and environmental protection, ultimately resulting in approval for development of e 17 Street Bridge 1999 Atlantic Station Site Map 2009

Green Building Council s Leadership in Energy and Environmental Design (LEED) Core and Shell Development program: First-ever LEED Silver-Core and Shell certified high-rise office building First

reet, a 350,000 square foot office building completed in 2007 Awarded gold certification in e U.S.

tempered vision glass, creating open air views from inside LEED GOLD certification pursuits include: Waterless urinals Reduction of Heat Island Effect Site classified as Brownfield Development

2 Street Building AIG Global Real Estate developed Street, a 510,000 square foot office building Awarded silver certification in e U.S. Green Building Council s Leadership in Energy and Environmental Design (LEED) Core and Shell Development program: First-ever LEED Silver-Core and Shell certified high-rise office building First high-rise office building in Georgia to receive any LEED certification Doubled LEED Core and Shell requirements for bo recycled content and local/regional materials Street Building Street Building Street Building AIG Global Real Estate developed Street, a 350,000 square foot office building completed in 2007 Awarded gold certification in e U.S. Green Building Council s Leadership in Energy and Environmental Design (LEED) Core and Shell Development program Building exterior features an aluminum-framed glass curtain wall wi full-height tempered vision glass, creating open air views from inside LEED GOLD certification pursuits include: Waterless urinals Reduction of Heat Island Effect Site classified as Brownfield Development Construction waste management Alternative transportation (shuttle service) Regionally manufactured materials Life Happens At Atlantic Station Recognitions U.S. Environmental Protection Agency s 2004 Phoenix Award Best National Brownfield Redevelopment U.S. Green Building Council Leadership In Energy And Environmental Design (LEED) Received prototype credits for e entire site to be applied to future buildings Street Building First ever high-rise office building to be awarded LEED Silver-Core and Shell Certification Sierra Club America s Best New Development Projects Street Building Awarded LEED Gold-Core and Shell Certification Live 700 high-rise condos and lofts in e retail district 1,100-plus condominiums and apartments encircling a two-acre lake wi park area Single family, town homes, detached homes and lofts Work 17 Street is one of e best addresses for business in Atlanta Environmentally-friendly and energy efficient commercial office space Central location wi interstate highway and alternative transportation access 271 Street building will deliver additional 535,000 square feet of Class-A office space Play 800,000 square foot retail district and e soueast U.S. s first IKEA and H&M stores World-class restaurants, shopping, and eaters Ample park space, including National Monument Foundation s Millennium Gate for outdoor concerts Contact Information (Atlanta Office) AIG Global Real Estate Street, Suite 1650 Atlanta, GA phone fax AIG Asset Management ( AIGAM ) is a group of international companies at provide investment advice to clients around e world. AIGAM is a registered mark of American International Group, Inc. ( AIG ). Services and products are provided by one or more affiliates of American International Group, Inc. (AIG). The real estate activities of AIG and its subsidiaries are conducted primarily by AIG Global Real Estate. AIG Global Real Estate is a group of international companies at actively invests in and manages real estate for clients and member companies of AIG around e world. Interests in a real estate fund are speculative, may be leveraged and involve a significant degree of risk, and investors may lose all or a significant portion of eir invested capital. There is generally no secondary market for fund interests nor is one expected to develop; additionally, ere are restrictions on transferring fund interests. Fund returns will be reduced by management fees and oer expenses. We are not soliciting or recommending any action based on is material. Unless oerwise noted, all information contained herein is sourced wi AIG and/or AIGAM internal data. In e UK is material is intended for Intermediate Customers only and has been approved by AIG (Europe) Ltd, auorised and regulated by e Financial Services Auority. 03/10 FS 142

AIG Global Real Estate Associate Development Program AIG Global Real Estate is seeking MBA or equivalent Master s Level graduates, wi a concentration in real estate and at least two years of real

These individuals will have e opportunity to join a successful and rapidly growing organization where ey will gain exposure to a wide variety of real estate projects, transactions, and products.

Le Centorial Paris, France About AIG Global Real Estate AIG Global Real Estate comprises a group of international companies wiin AIG Investments.

to deal flow and e ability to execute quickly an established investment process, a culture of risk management, and a spirit of entrepreneurialism longstanding relationships wi local real estate

7 billion in equity 2 under management and its property portfolio includes more an 53 million square feet of retail, residential, industrial, office and hospitality properties owned, managed, or

3 AIG Global Real Estate Associate Development Program AIG Global Real Estate is seeking MBA or equivalent Master s Level graduates, wi a concentration in real estate and at least two years of real estate or related work experience, to join its 2009 Associate Program. These individuals will have e opportunity to join a successful and rapidly growing organization where ey will gain exposure to a wide variety of real estate projects, transactions, and products. There will also be opportunities to work wi investment and development professionals around e world. The positions will be based in New York, wi a potential opportunity to work in San Francisco. Le Centorial Paris, France About AIG Global Real Estate AIG Global Real Estate comprises a group of international companies wiin AIG Investments. Formed in 1987, AIG Global Real Estate invests in and actively manages real estate around e world for a globally diversified investor base, including unaffiliated investors and American International Group, Inc. (AIG), member companies. AIG Global Real Estate targets above-market returns rough a responsive and global investment strategy at features: 1 an expertise and proven track record in major real estate markets extensive access to deal flow and e ability to execute quickly an established investment process, a culture of risk management, and a spirit of entrepreneurialism longstanding relationships wi local real estate operators Atlantic Station Atlanta, Georgia AIG Global Real Estate has approximately US $25.7 billion in equity 2 under management and its property portfolio includes more an 53 million square feet of retail, residential, industrial, office and hospitality properties owned, managed, or under development in more an 50 countries. AIG Global Real Estate has created and closed 12 real estate funds, including 11 private, closed-end funds and investment programs and one publicly listed fund. Strategic Locations Worldwide International Finance Centre Seoul, Sou Korea NORTH AMERICA Atlanta Birmingham Dallas Hartford Houston Los Angeles Mexico City New York San Francisco San Juan Toronto SOUTH AMERICA Buenos Aires Santiago São Paolo EUROPE Barcelona Berlin Bucharest Budapest Dublin Essex Glasgow Istanbul London Luxembourg Madrid Milan Moscow Munich Prague Rome Vienna Warsaw Zurich AFRICA/MIDDLE EAST Cairo Dubai Johannesburg Nairobi ASIA Bangkok Hong Kong Jakarta Kuala Lumpur Manila Mumbai Seoul Shanghai Singapore Taipei Tokyo AUSTRALIA Melbourne Spruce Peak at Stowe Stowe, Vermont AIG Global Real Estate operates from more an 35 of AIG Investments offices worldwide, complemented by e extensive network of AIG, which operates in 130 countries and jurisdictions Denotes AIG Global Real Estate office location. 1 Past performance is not indicative of future results. 2 As of 30 June 2008.

The Associate Development Program: 360 Degrees Of Support The Sail @ Marina Bay Singapore Employer of Choice AIG Global Real Estate s commitment to being e employer of choice is reflected in its

4 The Associate Development Program: 360 Degrees Of Support The Marina Bay Singapore Employer of Choice AIG Global Real Estate s commitment to being e employer of choice is reflected in its cohesive system of values, goals, and behaviors. Training and Development Mentoring Program New associates will participate in a professional year-long mentoring program, wi mentors serving as role models to teach, guide, and advise new associates. Each new associate will be matched wi a mentor outside of his/her management line upon joining e team. Regional Focus From more an 35 offices worldwide, AIG Global Real Estate acquires, develops, and manages all major property types. Asia Major Asian markets in all asset types; focus on ose markets wi high barriers to entry and strong economic indications Europe Acquisition and development opportunities roughout Western, Central and Eastern Europe United States Concentrated in major U.S. cities, primarily infill and coastal markets Latin America Major markets, wi an emphasis on Mexico; focus on institutional quality assets, dollar-denominated cash flows and realistic exit strategies India Opportunistic developments across all asset classes primarily in Tier I/II markets wi best infrastructure and labor pools; select investments in Tier III markets wi attractive labor costs AIG Global Real Estate strives to assist employees in e development of eir careers by offering a variety of opportunities to help increase knowledge and improve skills. In addition, all new associates will attend our comprehensive week-long Associate Orientation which provides e resources and training at Associates need to be successful wiin e organization. The Associate Experience Past Associates Say: Peer Partners In addition to a mentor, all new associates will be paired wi a current associate (or senior associate/manager in certain locations) to build a shared learning experience and understanding of company culture. The program allows me e opportunity to observe real estate from different perspectives; for example, a macro-level approach in product development and a micro-level approach in e investment group. As a member of e AIG/Lincoln European investment team, I ve had e pleasure of working wi highly qualified, international development partners, and traveling to fantastic cities and towns in Spain, Italy, Poland, Hungary, and e Czech Republic. The associate program enables me to gain exposure to multiple asset classes, working on bo acquisitions and asset management. AIG Global Real Estate s commitment to increasing associates experience rough deal flow as well as extensive training and continuing education demonstrates its investment in our careers long-term. AIG Global Real Estate offers an opportunity to learn about and be involved wi a variety of opportunistic development projects across various product types and geographies. As an Associate wiin e Architecture & Construction Group of GRE, I conduct due diligence on e design and construction phases for AIG s entire domestic and international real estate portfolio. I focus on factors such as efficiency, marketability, quality, and most importantly, cost. My latest undertaking involves managing e day-to-day development process of an AIG facilities building in Kampala, Uganda, which will incorporate many sustainable design components. Contact Information Corporate Recruiting AIG Global Real Estate Greg Cassel 277 Park Avenue, 46 Floor New York, NY How Do I Apply? Please contact your school s career services center to submit your cover letter and resume phone fax greg.cassel@aig.com AIG Investments is a group of international companies at provide investment advice and market asset management products and services to clients around e world. AIG Investments is a registered mark of American International Group, Inc. ( AIG ). Services and products are provided by one or more affiliates of American International Group, Inc. (AIG). The real estate activities of AIG and its subsidiaries are conducted primarily by AIG Global Real Estate. AIG Global Real Estate is a group of international companies at actively invests in and manages real estate for clients and member companies of AIG around e world. Unless oerwise noted, all information contained herein is sourced wi AIG and/or AIG Investments internal data. 9/08 FS 151

AIG Global Real Estate offers 20 years of real estate investment experience, wi global real estate investment strategies in all property sectors. AIG Asian Real Estate Pa

( Asia Fund II ) Fund Overview Opportunistic Asian real estate fund seeking JPY50 billion of capital commitments and targeting 20% net IRR* Second Pan Asian fund and six AIG real estate fund

Strategy 17 Bund Shanghai, China Office renovation Leverage existing real estate platform in Asia to source, evaluate and manage opportunities Diversity rough targeted country mix wi emphasis on

incurred by purchasing a comparable, fully-completed property ASIA FUND II - COUNTRY ALLOCATION RANGES (%) ASIA EXPERIENCE 110 Repulse Bay & Peak Homes Hong Kong, China For-sale residential JAPAN

5 AIG Global Real Estate offers 20 years of real estate investment experience, wi global real estate investment strategies in all property sectors. AIG Asian Real Estate Partners II, L.P. ( Asia Fund II ) Fund Overview Opportunistic Asian real estate fund seeking JPY50 billion of capital commitments and targeting 20% net IRR* Second Pan Asian fund and six AIG real estate fund investing in Asia Pacific Attractive warehoused investments pre-specifying 31 percent of e Fund s targeted size Alignment wi AIG Member Companies who will co-invest 10 percent of fund size Fund Strategy 17 Bund Shanghai, China Office renovation Leverage existing real estate platform in Asia to source, evaluate and manage opportunities Diversity rough targeted country mix wi emphasis on strategic acquisitions generating appreciation over a relatively short period of time Target potential gains from e spread between e cost of developing projects and e cost at would be expected to be incurred by purchasing a comparable, fully-completed property ASIA FUND II - COUNTRY ALLOCATION RANGES (%) ASIA EXPERIENCE 110 Repulse Bay & Peak Homes Hong Kong, China For-sale residential JAPAN GREATER CHINA % CHINA HONG KONG TAIWAN MACAU HONG KONG Chayamachi Crystal Osaka, Japan Retail JAPAN 20-50% THAILAND VIETNAM SINGAPORE 0-20% OTHER % MALAYSIA SINGAPORE 1 Includes Mainland China, Hong Kong, Macau and Taiwan 2 Includes Malaysia, Thailand, Vietnam, and oer select Asian countries Diversification does not insure against market loss. AIG Tower Hong Kong, China Office development *Investment in e Fund requires a long term commitment, wi no certainty of returns. However, is document references certain targeted returns at e Fund will seek to achieve. While e General Partner believes at e assumptions upon which such targeted returns are based are reasonable, such targeted returns are not necessarily a valid guide to future performance and e actual results of e Fund may differ from any of e performance targets referred to in is document. In developing targeted returns for e Fund, e General Partner has developed a model at includes assumptions regarding continuing distributions from Investments and financially advantageous resolutions of Investments. The targeted returns are based upon e General Partner s assumptions about factors including, but not limited to, general, regional and local real estate markets, property tax rates, stability of governments, interest rates, availability of mortgage funds, leasing issues and transaction costs. In addition, e targeted returns are based upon e General Partner s anticipated distribution and cash flow schedule, market data obtained directly rough local sources, and ird party consultant reports. The targeted returns generally assume holding periods of between 2 and 5 years and fees as disclosed in is document. The Fund s targeted returns are merely a goal and ere can be no assurance at e targeted returns can be achieved. If one or more of e underlying assumptions upon which e target is based turns out to be incorrect, results will differ. Such specific events include, wiout limitation, change or downward turn in e general, regional and local real estate markets, changes in real property tax rates, government instability, changes in interest rates, changes in e availability of mortgage funds which may render e sale or refinancing of e property difficult or impracticable, leasing of property issues and transaction costs relating to e sale of property at may arise in any realization of e Fund s Investment. Actual exits from investments and cash flows to e Fund may also vary from e assumptions made in e Fund s targeted returns. Interests in e Fund are speculative, may be leveraged and involve a significant degree of risk, and investors may lose all or a significant portion of eir invested capital. There is no secondary market for Fund interests nor is one expected to develop; additionally, ere are restrictions on transferring Fund interests. The Fund s returns will be reduced by management fees and oer expenses.

( Asia Fund II ) Local Expertise 150 direct employees in local markets wi a distinct advantage of sourcing deals not offered rough typical brokerage channels Offices in Hong Kong, Taipei, Shanghai,

financing, development, valuation, structuring and management of real estate investments Final Closing Commitments 2 Gross IRR 3 Net IRR 3 AIG Asian Real Estate Pa

6 AIG Global Real Estate offers 20 years of real estate investment experience, wi global real estate investment strategies in all property sectors. AIG Asian Real Estate Partners II, L.P. ( Asia Fund II ) Local Expertise 150 direct employees in local markets wi a distinct advantage of sourcing deals not offered rough typical brokerage channels Offices in Hong Kong, Taipei, Shanghai, Tokyo, Singapore, Bangkok, and Kuala Lumpur Investment specialists experienced in acquisition, construction and design, asset management, leasing, and dispositions Global expertise in underwriting, financing, development, valuation, structuring and management of real estate investments Final Closing Commitments 2 Gross IRR 3 Net IRR 3 AIG Asian Real Estate Partners, L.P. ( Asia I ) March 2003 US $100 million 33% 27% AIG Japan Real Estate Y.K. ( Japan Fund I ) 4,5 March 2004 JPY15 billion 65% 54% AIG Japan Real Estate Value Added II Y.K. ( Japan Fund II ) 4,5 July 2005 JPY30 billion 49% 37% AIG Japan Real Estate Value Added III Y.K. ( Japan Fund III ) 6 November 2006 JPY53 billion N/A N/A Superior Access AIG GLOBAL REAL ESTATE ASIA FUNDS TRACK RECORD 1 Deals sourced rough vast network of local employees, partners, and relationships Entrepreneurial approach in executing complex transactions ideal for opportunistic strategy Benefits of Investing in Asia Fund II Warehoused Investments Approximately JPY15.6 billion of pre-specified investments to date Strong pipeline of additional deals exceeding JPY30 billion in equity ASIA EXPERIENCE Shanghai Centre Shanghai, China Mixed-use, Hotel The Sail@Marina Bay Singapore For-sale residential Kohoku Shopping Center Yokohama, Japan Retail, Construction Thorough Investment Process Emphasis on risk management supported by cohesive and consistent investment review process Due diligence enhanced by in-house construction, design and project management team Streng of AIG company AIG capital commitment demonstrates Investor to Investor philosophy AIG reputation, global platform, and long-term market presence attracts top local partners 1 Past performance is not indicative of future results. 2 Commitments includes co-investments by AIG member companies. 3 Gross and Net IRRs are calculated from inception rough September 30, Certain funds may realize early dispositions during e initial years, prior to calling all capital from investors. In such cases, distributions are made in early periods and erefore IRRs reported in ose periods may be significantly higher an a fund will achieve over e full life of e fund. Consequently, future performance cannot be predicted and ere can be no assurance at distributions will exceed expenses for any particular fund. 5 The high IRRs figures for Japan Fund I and II can be attributed to cash distribution from incomes generated from e fund properties, cash distribution from e disposed asset, as well as e mark up of e portfolio s NAV. The recovery of e Japan economy has enabled e assets in e funds to perform well and increase in value. 6 Japan Fund III had its final closing in November 2006 wi aggregate capital commitments of JPY53 billion. Nan Shan Financial Center Taipei, Taiwan Office The materials contained herein do not constitute an offering of securities. Any such offering of securities will only be made pursuant to e Private Placement Memorandum ( PPM ) for e Fund, a copy of which can be obtained from e Fund s placement agent(s). All of e information contained herein is qualified by detailed information in e PPM, as e same may be modified or supplemented from time to time. The Fund is not offered or sold in any jurisdiction in which such offer, solicitation or sale is not auorized or to any person to whom it is unlawful to make such an offer, solicitation or sale. The shares in e Fund are not offered to e public and no invitation to subscribe for shares in e Fund is being made to e public. The Fund has not been registered wi any regulatory auority, but is duly organized wi an auority in e jurisdiction in which it is domiciled. An investment in e Fund will involve significant risks at are addressed in e PPM. Investors should have e financial ability and willingness to accept e risk characteristics and illiquidity of e Fund s investments. AIG Investments is a group of international companies at provide investment advice and market asset management products and services to clients around e world. AIG Investments is a registered mark of American International Group, Inc. Services and products are provided by one or more affiliates of American International Group, Inc. (AIG). AIG Equity Sales Corp. is e Fund s placement agent in e U.S. only and does not offer is product in jurisdictions outside of e U.S. AIG Equity Sales Corp., member FINRA, 70 Pine St., New York, NY / telephone: AIG Equity Sales Corp. and member companies of AIG Investments are subsidiaries of AIG and are not affiliated wi oer entities mentioned. In e UK is material is intended for Intermediate Customers only and has been approved by AIG Investments Europe Limited, auorised and regulated by e Financial Services Auority. Web site: May 2008.

AIG Global Real Estate

AIG Global Real Estate Asia Capabilities This material must be read in conjunction with the Disclosure Statement. INTRODUCTION AIG Global Real Estate comprises a group of international companies within