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AMERICAN EXPRESS PRESENTS BUSINESS UPDATE AT INVESTOR CONFERENCE

NEW YORK, November 16, 2005 -- American Express Chairman and Chief Executive Officer Kenneth I. Chenault delivered an investor presentation this morning on the company's business and strategies. The presentation was made at the Merrill Lynch Banking and Financial Services Investor Conference and broadcast on the website at http://ir.americanexpress.com.

A copy of the presentation is available through the American Express web site at http://ir.americanexpress.com. An audio replay of Mr. Chenault's presentation will be available to the general public later today through the same web site address.

American Express is a leading global payments, network and travel company founded in 1850.



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