AMERICAN EXPRESS CO — Director's Dealing 2004

Nov 12, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2004-11-10

Reporting Person: GILLIGAN EDWARD P (Member, Global Leadership Team)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-10	Common Shares	S	11700	$54.65	Disposed	186319	Direct
2004-11-10	Common Shares	S	1300	$54.66	Disposed	185019	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1330	Indirect

Footnotes

F1: Shares held in reporting person's account under the Company's Incentive Savings Plan as of November 8, 2004. 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.