AMERICAN EXPRESS CO — Director's Dealing 2004

Nov 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2004-11-08

Reporting Person: JORDAN VERNON E JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-08	Common Shares	M	3000	$20.938	Acquired	41471	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-08	Director Stock Option (right to buy)	$20.938	M	3000	Disposed	2007-04-28	Common Shares (3000)	Direct

Footnotes

F1: These options vested in three equal annual installments beginning on the date shown as "Date Exercisable."