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AMERICAN EXPRESS ANNOUNCES eCLIPSE ADVISORS WILL CONTINUE AS INDEPENDENT
TRAVEL PROCUREMENT SERVICES BUSINESS

American Express Also Merges Its Consulting Group With eCLIPSE, Further
Strengthening eCLIPSE?s Industry-Leading Travel Procurement Offering

New York -- American Express Corporate Travel announced today that it will
continue to operate eCLIPSE Advisors as an independent business, which will
now incorporate American Express? Consulting group. eCLIPSE Advisors, the
industry?s leading global travel procurement solution provider, was acquired
in the purchase of Rosenbluth International.  eCLIPSE currently offers
travel sourcing and procurement expertise in the areas of airline, hotel and
car rental, and assists Fortune 1000 companies in managing in excess of $3
billion in travel expenditures.
American Express will offer the eCLIPSE suite of products and services to
its current and prospective clients, and eCLIPSE will continue to offer its
solution set to any corporation seeking to more effectively manage and
reduce its total cost of travel.  eCLIPSE will continue to function
independently as a wholly owned subsidiary of American Express.
?American Express is proud to offer the travel procurement services of
eCLIPSE Advisors to corporate clients globally,? said Pamela Arway,
Executive Vice President and General Manager, Corporate Travel North
America, American Express.  ?The success of eCLIPSE Advisors to date
demonstrates that corporations find their solutions and expertise to be
among the best in the industry and central to the effective management of
their corporate travel spend.?
As a result of the integration, eCLIPSE Advisors will be better positioned
to offer DACODA, its patented airline procurement service, along with
various other products and services to all American Express clients
globally.  Through its relationship with American Express, eCLIPSE Advisors
will benefit from the global reach, extensive relationships, benchmarking
and reporting capabilities, and consulting practices that are core to
American Express.
?American Express? decision to continue the operations of eCLIPSE Advisors
illustrates the stated objective of the American Express/Rosenbluth
International integration team?combine the best-in-class features of both
companies and ultimately, offer the most compelling and comprehensive
solution in the marketplace,? said Michael Boult, COO, eCLIPSE Advisors.
?We believe that American Express offers the most dynamic travel management
solution in the industry, and are delighted to be part of a growing business
that is driving change in the travel industry.?
Effective immediately, eCLIPSE Advisors? travel procurement services are
available for consideration by all American Express corporate travel clients
in all global markets.


About American Express
American Express is the largest travel management company in North America
and worldwide, and it is one of the world?s largest travel agencies,
recording worldwide travel volume of $16 billion in 2003.  Through its
Global Corporate Services business, the company counts nearly 70 percent of
the Fortune 500, along with tens of thousands of mid-sized and small
companies as customers of its Corporate Travel, Corporate Card and/or
Corporate Purchasing Solutions.  American Express Company is a diversified
worldwide travel, financial and network services company founded in 1850.
It is a world leader in charge and credit cards, Travelers Cheques, travel,
financial planning, business services, insurance and international banking.

About eCLIPSE Advisors
eCLIPSE Advisors is a leading travel procurement solutions provider for
corporations, airlines, hotels and travel agencies with operations in USA,
Europe, Asia-Pacific and South Africa. eCLIPSE Advisors currently manages in
excess of $3 billion in airline, car rental and hotel expenditures for
Fortune 1000 Corporations.  eCLIPSE Advisors is recognized for developing
and enhancing the capabilities of travel procurement worldwide.  For
additional information about eCLIPSE Advisors, visit www.eclipseadvisors.com

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