Ameriprise Financial, Inc. Information Statement

Each holder of American Express common stock on the September 19, 2005 record date received a dividend of one share of Ameriprise Financial common stock for every five shares of American Express held.

Please consult the information statement sent to you by American Express for information about the tax consequences of the distribution, including your receipt of a check in lieu of any fractional shares of Ameriprise Financial stock and information reporting.

As a consequence of the distribution, you will need to allocate the tax basis in your American Express shares immediately before the distribution between your American Express shares and your newly-received Ameriprise shares (including any Ameriprise fractional share for which you receive cash). One possible measure of this, based on the relative market prices of the shares of the two companies immediately after the distribution, results in an allocation of the tax basis of your American Express shares as follows: 87.53% to your American Express shares and 12.47% to the Ameriprise shares you receive. For more information on how to determine and allocate your tax basis, please refer to the letter containing tax information distributed to shareholders of record. A copy of this letter and the tax information statement to be filed with 2005 tax returns are available on the American Express website at http://ir.americanexpress.com in the Shareholder Services section.