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Ruchir N. Parekh - Fund Manager, Resigns from AIG Mutual Fund

Mr. Ruchir N. Parekh - Fund Manager, Fixed Income is leaving the Service of AIG Global Asset Management Co. Pvt. Ltd., with effect from January 10, 2011.

Subsequent to his resignation, Mr. Vikrant Mehta has been designated as the Fund Manger of AIG India Treasury Fund, AIG World Gold Fund and AIG Quarterly Interval Fund- Series I and II, with effect from January 11, 2011.