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For Filing Pursuant to Rule 424(b)(3)
Registration Statement No. 33-60827
PRICING SUPPLEMENT NO. 5 DATED MARCH 23, 1998
(To Prospectus dated February 20, 1996 and Prospectus
Supplement dated June 11, 1996)
AMERICAN INTERNATIONAL GROUP, INC.
MEDIUM-TERM NOTES, SERIES E
INTEREST RATE
RANGE OF MATURITIES PER ANNUM
------------------- -------------
2 years 6.00%
The Series E Notes to which this Pricing Supplement relates will bear interest
at the rate specified above and will be Fixed Rate Notes. Morgan Stanley & Co.
Incorporated has purchased the Notes as principal in this transaction, at a
discount of .029%, for resale to one or more investors at varying prices
related to prevailing market conditions at the time or times of resale as
determined by Morgan Stanley & Co. Incorporated.
