EX-99.1
4
a2163749zex-99_1.txt
EXHIBIT 99.1
EXHIBIT 99.1
News Release News Release News Release News Release
[LOGO OF AMERICAN EXPRESS] American Express Company
American Express Tower
World Financial Center
New York, N.Y. 10285-4815
Contacts: Michael J. O'Neill Judy Tenzer
212-640-5951 212-640-0555
mike.o'neill@aexp.com judy.g.tenzer@aexp.com
FOR IMMEDIATE RELEASE
AMERICAN EXPRESS COMPLETES AMERIPRISE SPIN-OFF
NEW YORK, September 30, 2005 -- American Express today announced that it has
completed the distribution of a special tax-free dividend to its shareholders
consisting of approximately 246 million shares of common stock of Ameriprise
Financial, Inc. (formerly American Express Financial Corporation).
American Express is distributing one share of Ameriprise common stock for every
five shares of American Express common stock outstanding as of September 19,
2005 to American Express shareholders as of that date. Shareholders will receive
cash in lieu of fractional shares.
As a result of the distribution, American Express will no longer own shares of
Ameriprise, and Ameriprise will be an independent company. Ameriprise's common
stock has been authorized for listing on the New York Stock Exchange, Inc.
(NYSE) and will trade under the symbol "AMP." Ameriprise will also become a
member of the S&P 500 Index.
Ameriprise Financial, Inc. is one of the nation's leading financial planning,
asset management and insurance companies. For more information, visit
www.ameriprise.com.
American Express Company is a leading global payments, network, travel and
banking company founded in 1850.
# # #

EX - 99 . 1 4 a2163749zex - 99 _ 1 . txt EXHIBIT 99 . 1 EXHIBIT 99 . 1 News Release News Release News Release News Release [ LOGO OF AMERICAN EXPRESS ] American Express Company American Express Tower World Financial Center New York , N . Y . 10285 - 4815 Contacts : Michael J. O'Neill Judy Tenzer 212 - 640 - 5951 212 - 640 - 0555 mike . o ' neill @ aexp . com judy.g.tenzer@aexp.com FOR IMMEDIATE RELEASE AMERICAN EXPRESS COMPLETES AMERIPRISE SPIN - OFF NEW YORK , September 30 , 2005 -- American Express today announced that it has completed the distribution of a special tax - free dividend to its shareholders consisting of approximately 246 million shares of common stock of Ameriprise Financial , Inc . ( formerly American Express Financial Corporation ) . American Express is distributing one share of Ameriprise common stock for every five shares of American Express common stock outstanding as of September 19 , 2005 to American Express shareholders as of that date . Shareholders will receive cash in lieu of fractional shares . As a result of the distribution , American Express will no longer own shares of Ameriprise , and Ameriprise will be an independent company . Ameriprise ' s common stock has been authorized for listing on the New York Stock Exchange , Inc . ( NYSE ) and will trade under the symbol " AMP . " Ameriprise will also become a member of the S & P 500 Index . Ameriprise Financial , Inc . is one of the nation 's leading financial planning , asset management and insurance companies . For more information , visit www.ameriprise.com . American Express Company is a leading global payments , network , travel and banking company founded in 1850 . # # #