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Press release

Ameriprise Financial Plans Live Audio Webcast of Annual Financial Community Presentation

MINNEAPOLIS — October 24, 2008 — Ameriprise Financial, Inc. (NYSE: AMP) is hosting its annual Financial Community Presentation on Wednesday, November 12, 2008 in New York City. The presentation will begin at 9:00 a.m. (ET). At the meeting, Jim Cracchiolo, chairman and chief executive officer, and Walter Berman, executive vice president and chief financial officer, will update the financial community on the company's business, strategy, financial position and key areas of focus. Members of the senior management team will also be available to answer questions.

Live audio of the meeting and presentation slides will be accessible to the general public on the Ameriprise Financial website at ir.ameriprise.com. An audio replay of the speakers' presentations and the question and answer session will be available after the meeting at the same website address.

Ameriprise Financial, Inc. is a diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent. For more information, visit ameriprise.com.

© 2008 Ameriprise Financial, Inc. All rights reserved.

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