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AMERICAN EXPRESS COMPANY PLANS LIVE AUDIO WEB BROADCAST OF SEMI-ANNUAL FINANCIAL COMMUNITY MEETING

NEW YORK, July 30, 2003 -- American Express Company said today that it plans to host its semi-annual Financial Community Meeting on Wednesday, August 6 at 2:30 p.m. (ET). At the meeting, Kenneth I. Chenault, chairman and chief executive officer, and Alfred F. Kelly, group president, U.S. consumer and small business services, will update the financial community on the company's performance and senior management will be available to answer questions.

Live audio of the meeting, as well as the presentation slides that will be shown at the meeting, will be accessible to the general public on the American Express website at http://ir.americanexpress.com. A replay of the meeting's audio webcast and the speakers' presentation transcripts will be available the same day at the same address.

American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, financial planning, business services, insurance and international banking.



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