American Express Announces More Everyday Savings For Small Businesses Through New Partnership With Dell Computer and Broader Partnerships With ExxonMobil and the Hilton Family Of Hotels.

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 12, 2001

American Express Small Business Cardmembers

Now Receive 5% Percent Savings At Dell;

ExxonMobil and Hilton Expand Cardmember Savings

To Include Thousands More Locations

American Express (NYSE:AXP) announced today that Dell has become its newest partner in Everyday Savings, an exclusive benefit of the American Express(R) Corporate Card for Small Business that provides valuable savings from industry leaders.

In addition, two current Everyday Savings partners, ExxonMobil Corporation and the Hilton(R) Family of Hotels, have enhanced their participation in the program by increasing the number of locations where American Express Small Business Corporate Cardmembers can save on gasoline purchases and hotel accommodations.

"American Express continually seeks to provide value for our small business customers by negotiating savings on their behalf, and Dell's addition to the Everyday Savings program makes what has been the strongest small business savings program even stronger," said Peggy Maher, vice president, American Express Small Business Services. "During these tough economic times, having access to this level of savings on everyday business expenses can have a meaningful impact on a small business."

5% Savings at Dell

Beginning now, American Express Small Business Corporate Cardmembers will receive a five percent discount when they use the Card to purchase Dell products for their businesses. This discount is exclusive to Dell's small business customers who are American Express Small Business Cardmembers, and it is applicable to everything Dell sells, from desktops and software to high-end storage devices.

To take advantage of the discount, American Express Small Business Cardmembers can either shop at Dell's dedicated Everyday Savings Web site www.dell.com/everydaysavings or call 877-785-DELL and request their Everyday Savings. The Everyday Savings program discount may not be combined with other Dell offers or promotions.

"Dell is doing everything it can to make it easy for small businesses to obtain the technology they need to help their companies succeed," said Frank Muehleman, senior vice president of Dell's small business division. "Dell is the leading provider of computers to small businesses, and because we listen to our customers' requests, we expect that they will find it easier and less expensive to purchase Dell systems with the card they use the most."

Expanded Savings Opportunities from ExxonMobil and The Hilton

Family of Hotels

ExxonMobil is extending its participation in the Everyday Savings program, enabling American Express Small Business Corporate Cardmembers to receive an automatic 2% discount on automotive gasoline purchases on the Card at all Exxon-branded service stations in the United States. These locations are in addition to the Mobil-branded stations that have been a part of Everyday Savings since 1995. This enhanced level of participation provides coverage in several new markets including San Francisco, Atlanta, Seattle, and Portland.

"We are pleased to participate in this special savings for our customers," said Don Taylor, Commercial Card Business Manager for ExxonMobil. "This program is an excellent opportunity for ExxonMobil to support small business owners throughout the country."

Small Business Corporate Cardmembers also have additional opportunities to save on travel expenses. The Hilton Family of Hotels is extending its participation in the Everyday Savings program, enabling American Express Small Business Cardmembers to now save 10% off the Best Available Rate at U.S. Hilton(R), Doubletree(R), Embassy Suites Hotels(R), Hampton Inn(R), Hampton Inn & Suites(R), Hilton Garden Inn(R) and Homewood Suites(R) by Hilton hotels when booking the Everyday Savings rate. Hilton and Hilton Garden Inn hotels have participated in the Everyday Savings program since 1994, and with the addition of these quality brands, the Hilton Family of Hotels now offers more than 1,800 hotels across the country at which Small Business Corporate Cardmembers can access reduced rates.

Noted Tom Keltner, Executive Vice President, Hilton Hotels Corporation & President Brand Performance and Franchise Development Group for Hilton, "The number of our guests who own small businesses is growing as rapidly as our family of hotels. We're delighted to expand our relationship with Everyday Savings, making it possible to provide small business customers with exceptional value at our hotels almost anywhere in the country."

"The Everyday Savings program can help Small Business Cardmembers save hundreds of dollars every year with brands they know and trust. No other small business credit card can match the value of our savings and the brand quality of our partners," Maher added.

Dell, ExxonMobil and the Hilton Family of Hotels, along with FedEx(R), Hertz and Qwest(R), represent the leading companies that provide significant savings and benefits for American Express Small Business Corporate Cardmembers through the Everyday Savings program (www.americanexpress.com/everydaysavings ). Small businesses interested in learning more about the program or applying for an American Express Corporate Card for Small Business can call 1-800-SUCCESS or visit www.americanexpress.com/smallbusiness.

American Express Small Business Services (SBS) is a division of American Express Travel Related Services Company, Inc., solely dedicated to serving companies with fewer than 100 employees. Small Business Services provides a broad range of financial services, including charge and credit cards, equipment financing, term loans and lines of credit to approximately 2.5 million small businesses in the U.S. To obtain more information about SBS, visit the Small Business Exchange at www.americanexpress.com/smallbusiness.

Terms and Conditions:

Dell: The discount is not combinable with other offers/promotions.

Exxon Mobil: Payment must be made with the American Express Corporate Card for Small Business. Account must be in good standing at the time of purchase to receive savings. Valid at participating Exxon(R)and Mobil(R)branded locations in the U.S. Valid on automotive gasoline only. Not valid on diesel fuel. Not valid for Corporate Cards issued outside the United States.

Hilton(R) Family of Hotels: Savings apply only to American Express Small Business Cardmembers. Discount represents ten percent off the Best Available Rate at participating Hilton, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn and Homewood Suites by Hilton hotels in the U.S. when booking the Everyday Savings Rate. This discount is only valid off the Best Available Rate and may not be applied to other discounted rates at participating hotels. Other restrictions may apply. The Hilton, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn and Homewood Suites by Hilton hotels name and logo are trademarks owned by Hilton Hospitality, Inc. (c)2001 Hilton Hospitality, Inc.