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AMERICAN EXPRESS CHIEF EXECUTIVE OFFICER TO PARTICIPATE AT MORGAN STANLEY CONFERENCE

NEW YORK, November 01, 2006 -- American Express Chairman and Chief Executive Officer, Kenneth I. Chenault, will participate in the Morgan Stanley Under the Hood: Battle of the Payment Networks conference on Wednesday, November 8, 2006 at 11:00 a.m. (ET) at Morgan Stanley's headquarters in New York City.

A live audio webcast of Mr. Chenault's presentation will be made available to the general public 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 that day through the same Web site address.

American Express Company (www.americanexpress.com), founded in 1850, is a global travel, financial and network services provider.



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