AMERICAN EXPRESS CO — Director's Dealing 2004

Oct 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2004-10-27

Reporting Person: SCHICK THOMAS A (EVP-Corp. Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-27	Common Shares	S	9700	$52.19	Disposed	166210	Direct
2004-10-27	Common Shares	S	32	$52.18	Disposed	166178	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	879	Indirect

Footnotes

F1: Shares held in reporting person's account under the Company's Incentive Savings Plan as of October 27, 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.