An Expense Management Programme for every company

CORPORATE EXPENSE MANAGEMENT SOLUTIONS American Express Corporate Services An Expense Management Programme for every company ES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I REAL BUSINESS. REAL SOLUTIONS. SM

CORPORATE EXPENSE MANAGEMENT SOLUTIONS For real savings and real cost control An American Express Expense Management Programme, such as our market leading Corporate Card, will deliver immediate benefits to your business. Our solutions will help you save money, for example, up to 9% on travel and entertainment spend 1. You can also expect best-in-class management information to put you in greater control of company spending. And, as always with American Express, you can count on the highest standards of account management. Our experienced team can share best practices and advise you on how to make the most of your expense programme. So if you want the best for your company, be sure to choose American Express. For more information, please speak to your account manager or visit www.americanexpress.co.uk For new customer enquiries please call 0800 917 1535. XIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIM

A best-in-class expense management solution for your company When you choose American Express, you re choosing to simplify your expense management, control your spending and save money. Here s why: A company spending one million pounds annually on travel and entertainment should make incremental savings of around 90,000 with American Express 1 You save as you spend With an American Express Corporate Card, your company can save up to 20% on travel spend and 70% on day-to-day business expenses with our preferred suppliers (including Virgin Atlantic, Hertz, HP, Fedex and Orange). Employees can also earn Membership Rewards points whenever they use the card to pay for goods and services 1 point for virtually every 1 spent 2. These can be redeemed for a wide range of rewards and gifts for example, 12,000 points will reward you with a return flight from London to Paris! You save as you manage Our online management tools reduce administration time and the need for manual processing. Just go online to cancel cards, apply for cards, update details and request statement copies. Employee convenience Cardmembers can complete their expense reports online, as well as view statements, pay their account, and receive up-to-the minute account balance information. Improved cash flow We offer up to 55 days credit before payment is due to help the cash in your business to stay there for as long as possible. Control over spending View all of your business expenditures through the most up-to-date management information reports available 24/7. This helps drive employee compliance with your preferred suppliers as well as with industry and government regulations. Flexible payment options American Express offers a range of flexible and customised billing and settlement options for your Corporate Card account including individual or central billing and individual or central settlement. Flexible liability options We will work with you to determine the right level of control to suit your business. Choose from 3 types of liability Individual, Company or Joint and Several Liability. Joint and Several Liability provides a level of risk protection to both the Cardmember, for larger business related spend, and the Company against any personal or unauthorised spend. Secure data American Express is unique in that we have a direct relationship with merchants and customers. Therefore, once data is captured it cannot be compromised by third party relationships. This ensures that you receive the highest levels of data consistency, integrity and security. ISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE

CORPORATE EXPENSE MANAGEMENT SOLUTIONS An unrivalled choice of solutions At American Express, we offer a range of solutions that you can choose from to optimise the benefits to your business. American Express Corporate Card and American Express Gold Corporate Card Our Corporate Card solutions offer you the convenience of putting all your day-to-day business expenses onto a single card programme, helping you to control spending and drive savings. An American Express Corporate Card can be used for practically any expense too from travel and entertainment to office equipment and supplies, insurance, couriers, and even advertising. This means that the more you use the Card, the greater the control you ll have over all of your business spend and the more Membership Rewards points you can earn. American Express Business Travel Account Companies with a number of employees who travel regularly may wish to combine an American Express Corporate Card with a Business Travel Account. Continue to book travel as you do today, but receive a monthly statement from American Express. This will offer you generous credit terms, travel accident and inconvenience insurance benefits 3 and savings with suppliers. British Airways American Express Corporate Card This is a unique offering for organisations with more than 5 travellers seeking a cost-saving Expense Management Programme that rewards both the company and its employees. Your company will be given membership to the British Airways On Business programme. This allows your business to earn valuable points on every British Airways flight taken 4. On Business Points can be redeemed for a wide range of travel benefits including reward flights 5 and hotel stays. With the new British Airways American Express Corporate Card, your company will earn 50% more 6 On Business Points for each flight. So you'll earn these rewards even faster which can amount to big savings on your travel budget and help reduce your costs. Your Cardmembers will be given membership to the Executive Club, British Airways frequent flyer programme, and will earn 1 BA Mile 7 for virtually every 1 charged to their British Airways American Express Corporate Card. XIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIM

British Airways American Express Business Travel Account The British Airways American Express Business Travel Account (BTA) allows your company to streamline travel expenditure and make big savings. In addition to a centrally billed solution that your company can t afford to be without, the new British Airways American Express BTA will provide your company with 50% more 6 On Business Points for each flight. American Express Corporate Meeting Card Managing the cost of meetings and events is a major challenge for businesses today. The American Express Corporate Meeting Card streamlines the payment process and consolidates all event charges onto a single statement. It also delivers meeting discounts of up to 10% with a selection of hotel chains in the UK and Europe, with further savings resulting from spend information being used to negotiate supplier discounts. Just as importantly, it separates meeting expenses from other spending for better visibility. This improves expense monitoring and helps drive compliance to meeting policies. Corporate Purchasing Solutions With American Express Corporate Purchasing Solutions you can look forward to savings of up to 6.4% 8 on your indirect spend. Using our unique preferred supplier restrictions we can help you ensure your employees comply with corporate policies and spend company money with the suppliers you want them to. The result will be that you have greater bargaining power in supplier negotiations. Advantages extend to cost reconciliation and VAT reclaim, as we supply level 3 data accepted by HM Revenue & Customs in the place of paper invoices. ISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE

CORPORATE EXPENSE MANAGEMENT SOLUTIONS Why choose American Express? Renowned Customer Service Our world class customer support service includes: 24/7 replacement of lost cards. Worldwide cash access at ATMs with Express Cash. 24 hour advice and assistance in an emergency. Door-to-door business accident and baggage travel insurance benefits 3. Over 1,700 Travel Service locations worldwide to assist your employees while they are travelling. Our Reputation and Market Leadership Voted Best Corporate Card Provider 2 years running by Buying Business Travel in 2004 and 2005. Almost 75% of leading British companies use American Express Corporate Cards to pay for business expenses 9. American Express is the leading supplier of Corporate Card solutions globally 10. Expense management is our core business, and we have been providing superior Corporate Card solutions for nearly 40 years. XIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIM

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1 Source: The American Express Corporate Card Value Study by Accenture 2003. 2 Membership Rewards are available only on the American Express Corporate Card and American Express Corporate Gold Card. Points are not earned on the following charges: Cash Advances, American Express Travellers Cheque purchases, Foreign Exchange and Express Cash transactions, charges for dishonoured cheques, late payment and referral charges. Points never expire as long as your American Express Corporate Card remains in good standing and is enrolled in Membership Rewards. 3 American Express Services Europe Limited ( AESEL ) makes various benefits available to Cardmembers. These benefits derive from contracts which AESEL has made with third parties which AESEL is free to amend, extend or terminate at its sole discretion. These benefits do not form part of AESEL s contract with you but AESEL will aim to inform you 30 days in advance of any changes to the available benefits which may be to your detriment. One of the benefits currently available is the benefit of contracts of insurance made between AESEL and certain insurers which include Business Travel Accident Benefit, Travel Inconvenience Benefit and Baggage and Personal Possessions Benefit. You will lose these benefits if you cease to be a Cardmember. Exclusions apply. Full details of the insurance benefits currently available are contained in the Summary of Benefits document received by Cardmembers in their welcome pack. 4 On Business Points are earned on all British Airways fares including franchisees but excluding codeshare partners and oneworld TM alliances. 5 Reward flights subject to applicable taxes, fees, charges and surcharges. 6 Companies participating in the British Airways American Express Corporate Card programme receive 50% more On Business Points than those solely participating in the On Business Programme. 7 BA Miles issued are subject to UK Executive Club terms and conditions. BA Miles will not accrue in respect of any Cash Withdrawal, American Express Travellers Cheque purchases, Foreign Exchange Transactions or fees. BA Miles will accrue in respect of spending in each month provided the account is not more than 60 days overdue for payment. BA Miles will not accrue in respect of amounts which are subsequently recredited to the account because of refunds. 8 Source: Accenture study Procurement to Pay Processes and the Role of Procurement Cards 2003. 9 Source: The Independent on Sunday, 24/7/05. 10 Source: Business Travel News 2004. American Express Insurance Services Europe Limited, registered in England and Wales, company no. 05048826, 60 Buckingham Palace Road, London, SW1W 0RR, is authorised and regulated by the Financial Services Authority, registration no. 311684. Full details can be found on the Financial Services Authority register by visiting www.fsa.gov.uk/register/ or by telephoning 0845 606 1234. American Express Insurance Services Europe Limited is a separate corporation within the American Express group of companies. The information contained in this brochure is updated as of 31 December 2005. LOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYEES I MAXIMISE CONTROL I DRIVE SAVINGS I BENEFIT EMPLOYE