AMERICAN EXPRESS CO — Director's Dealing 2003

May 30, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2003-05-30

Reporting Person: LINEN JONATHAN S (Member, Global Leadership Team)

Footnotes

F1: Mr. Linen also owns the following shares indirectly: 23,915 shares held in a GRAT; 9,558 shares held in a second GRAT; and 34,500
shares held by his spouse.

F2: As of May 29, 2003, 45,287 shares were held in Mr. Linen's account under the Company's Incentive Savings Plan. This plan uses unit accounting, and the number of shares that a participant is deemed to hold varies with the unit price of the Company pooled stock fund.

F3: These options vested in three equal annual installments beginning on the date shown as "Date Exercisable."