AMERICAN EXPRESS CHAIRMAN AND CEO TO PRESENT AT BERNSTEIN STRATEGIC DECISIONS CONFERENCE

NEW YORK, May 28, 2003 -- American Express Chairman and Chief Executive Officer Kenneth I. Chenault will make an investor presentation relating to American Express's business strategies at Sanford C. Bernstein & Co.'s Strategic Decisions Conference on Wednesday, June 4, 2003, at 10:00 a.m. (ET).

A live audio webcast of Mr. Chenault's presentation will be made available to the general public on the American Express website at http://ir.americanexpress.com, along with certain presentation materials. An audio replay of Mr. Chenault's presentation will be made available to the general public later that day at the same website address.

American Express 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, travel, financial planning, investment products, insurance and international banking.