An American Express Credit Card

Now, Two Reasons Not to Leave Home without American Express Travelers Cheques: Peace of Mind and up to 45% Savings at Leading Hotels Worldwide

NEW YORK--Just in time for summer, travelers can save up to 45 percent on stays at leading hotels when they purchase $500 or more in American Express Travelers Cheques between June 1 and August 31, 2007. The Hotel Savings Offer provides travelers with additional savings on the best available hotel rates, resulting in a Lowest Rate Guarantee.1

To take advantage of this special promotion, customers can purchase $500 of Travelers Cheque products (US Travelers Cheques, Foreign Currency Travelers Cheques, Cheques for Two, or the Travelers Cheque Card) from a number of sources: on the American Express website, www.americanexpress.com/travelerscheque, and at any bank or American Express Travel Service Office location that sells Travelers Cheques. After purchasing American Express Travelers Cheques, customers log on to www.tcbonus.com to register for the offer and book hotel reservation online from among 7,000 participating hotels worldwide, including Hyatt, Sheraton, and Crowne Plaza.

In addition to hotel savings, travelers can also enjoy peace of mind. American Express Travelers Cheque products are an essential part of a diversified travel wallet that includes charge cards, credit cards, and local currency. They provide an extra measure of safety and security, and an additional payment option to help manage and budget money wisely while traveling.

“American Express Travelers Cheques now make it simple and easy for travelers to save on even the best available hotel rates while also protecting their travel money,” said Alpesh Chokshi, senior vice president and general manager, American Express Travelers Cheques and Prepaid Services North America. “Whether helping them find great hotel deals as they plan vacations, or easing concerns about securing money while on vacation, we are pleased to be part of our customers’ travel this summer.”

First offered 116 years ago, American Express Travelers Cheques remain the tried and true method of keeping travel money safe and secure. If lost or stolen, Travelers Cheques are refundable, usually with 24 hours. They never expire, and can be used like cash at U.S. retail locations, hotels and restaurants. Outside the U.S. they can be used like cash at many locations, or exchanged for local currency at banks, currency exchanges, and American Express Travel Service locations. They are also conveniently available nationwide at more than 88,000 locations, including banks, credit unions and American Express Travel Service locations.

About American Express

American Express is a leader in consumer prepaid products. In addition to the 116-year old American Express Travelers Cheque - the preeminent brand welcomed worldwide - the Company issues other prepaid products including the Travelers Cheque Card, Cheques for Two, Gift Cards, Gift Cheques, and a range of corporate incentive prepaid products through American Express Incentive Services.

American Express Company (www.americanexpress.com) is a leading global payments, network and travel company founded in 1850.

1 Promotion valid 6/1/07 through 8/31/07. Limit one offer of up to $500 in savings per person with a $500 Travelers Cheque purchase while supplies last. Lowest Rate Guarantee applies toward unrestricted published prices and refers to the price after savings have been applied. See www.tcbonus.com for complete terms and conditions.

Contacts
American Express, New York
Robert Sherman, 212-640-6221
Robert.a.sherman@aexp.com
or
M. Silver Associates
Lourdes Diaz/Joel Kaiman, 954-765-3636
Lourdes@msilver-pr.com
Joel@msilver-pr.com