Ameriprise Financial Increases Regular Quarterly Dividend 22 Percent

The Board of Directors of Ameriprise Financial, Inc.

has declared a $0.28 per common share dividend, payable on February 24, 2012 to shareholders of record at the close of business on February 10, 2012. The dividend represents a $0.05 or 22 percent increase from the current level. With this action, the company will have increased its dividend by 56 percent since the second quarter of 2011 and raised its dividend five times since becoming a public company in 2005. In the first nine months of 2011, the company returned approximately $1.4 billion to shareholders through dividends and share repurchases.