American Express Company Announces Final Results of Exchange Offers

  American Express Company Announces Final Results of Exchange Offers

Business Wire

NEW YORK -- December 12, 2012

American Express Company (NYSE: AXP) announced today the final results of its
previously announced private offers to exchange (i) any and all of its
outstanding8.125% Senior Notes due 2019 for its new 2.650% Senior Notes due
December 2, 2022 and cash and (ii) any and all of its outstanding8.150%
Senior Notes due 2038 for its new 4.050% Senior Notes due December 3, 2042 and

The exchange offers expired at11:59 p.m.,New York Citytime, onDecember 11,

Based on information provided by D.F. King& Co., Inc., the exchange agent for
the exchange offers, as of the expiration date $1,108,629,000 aggregate
principal amount of the 2019 notes had been validly tendered for exchange and
not validly withdrawn, representing approximately 63.35% of the outstanding
2019 notes, and $779,693,000 aggregate principal amount of the 2038 notes had
been validly tendered for exchange and not validly withdrawn, representing
approximately 77.97% of the outstanding 2038 notes.

In accordance with the terms of the exchange offers, American Express has
accepted or will accept all of the old notes that were validly tendered for
exchange. American Express expects final settlement to take place on December
13, 2012.

The exchange offers have not been registered under the Securities Act of 1933,
as amended or any state securities laws. Therefore, the new notes may not be
offered or sold inthe United Statesabsent an applicable exemption from the
registration requirements of the Securities Act and any applicable state
securities laws. American Express has entered into registration rights
agreements with respect to each series of the new notes.

This press release is not an offer to sell or a solicitation of an offer to
buy any security. The exchange offers were made solely by the confidential
offering circular for the exchange offers, dated November 13, 2012, and the
related letter of transmittal and only to such persons and in such
jurisdictions as permitted under applicable law.

In particular, this communication is only addressed to and directed at: (A) in
any Member State of the European Economic Area that has implemented the
Prospectus Directive, qualified investors in that Member State within the
meaning of the Prospectus Directive and (B) (i) persons that are outside the
United Kingdom or (ii) investment professionals falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the “Order”) or (iii) high net worth companies, and other persons to
whom it may lawfully be communicated, falling within Article 49(2)(a) to (d)
of the Order (all such persons together being referred to as “relevant
persons”). The new notes are only available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such new notes will be
engaged in only with, relevant persons. Any person who is not a relevant
person should not act or rely on this document or any of its contents.

This press release contains forward-looking statements, which are subject to
risks and uncertainties. The forward-looking statements contain words such as
“believe,” “expect,” “anticipate,” “intend,” “plan,” “will,” “may,” “likely”
and similar expressions. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date on which
they are made. American Express undertakes no obligation to update or revise
any forward-looking statements. Factors that could cause actual results to
differ materially from these forward-looking statements include, but are not
limited to, the timing of final settlement of the exchange offers.

About American Express

American Express is a global services company, providing customers with access
to products, insights and experiences that enrich lives and build business
success. Learn more at and connect with us on,,,, and

Key links to products and services: charge and credit cards, business credit
cards, travel services, gift cards, prepaid cards, merchant services, business
travel, and corporate card


Ken Paukowits, , +1.212.640.6348
Fixed Income Investor Relations
Vivian Zhou,, +1.212.640.6182
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