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AMERICAN EXPRESS LAUNCHES AMERICA EXPRESS SELECTS, EXCEPTIONAL SHOPPING, DINING AND TRAVEL VALUES IN 11 COUNTRIES, AVAILABLE TO CARDMEMBERS WORLDWIDE ON EASY TO NAVIGATE WEBSITE

NEW YORK, June 29, 2004 -- American Express Company today introduced American Express Selects, a new benefit for consumers carrying American Express-branded cards worldwide. The new program, with close to one thousand offers of high quality shopping, dining and travel values from merchants in 11 countries is available on an easily navigable site at www.americanexpress.com/selects.

American Express Selects is a win for both consumers and merchants,” said David House, global president, American Express Establishment Services. “Cardmembers can now take advantage of exceptional shopping, dining and travel values, not only in their home countries but also when they travel to other parts of the world. And merchants from all over the world have an opportunity to reach out to high spending consumers with their best values.”

In keeping with American Express' commitment to providing cardmembers with premium value in all offers, the company has adopted strict criteria for the new program. American Express is working closely with its worldwide merchant network to ensure that all offers on American Express Selects meet its standards for value and duration of the offer.

For example, by going to americanexpress.com/selects U.S. cardmembers can enjoy:

  • Car Rental savings of up to 25 percent
  • Savings at leading national and local retailers
  • Up to 20 percent off rates from national hotel chains and many other premier lodging properties in New York, Chicago, Florida and other top destination markets.

U.S. cardmembers traveling abroad can also take advantage of:

  • Up to 50 percent off hotels in the UK and Ireland;
  • 15 percent off at leading retailers in France
  • Stay three nights, get one night free in Singapore hotels
  • 20 percent off at fine restaurants in Mexico, Greece and Argentina

These special values can be accessed at americanexpress.com/selects or from the American Express homepage.

Cardmembers and merchants participating in the first phase of American Express Selects are from the United States, United Kingdom, Canada, Mexico, Argentina, Australia, Malaysia, France, Italy, Singapore and Greece. In the coming months, the company expects to make the service available to a wider range of merchants in an increasing number of locations.

Establishment Services is the merchant network of American Express which acquires and maintains millions of merchants around the globe and across industries who welcome the American Express Card. 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 Cheque, travel, financial planning, business services, insurance and international banking.



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