AMERICAN EXPRESS CO — Director's Dealing 2004

Feb 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2004-02-02

Reporting Person: CRACCHIOLO JAMES M (Member, Global Leadership Team)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-02	Common Shares	S	300.000	$52.86	Disposed	316495.497	Direct
2004-02-02	Common Shares	S	8700.000	$52.82	Disposed	307795.497	Direct
2004-02-02	Common Shares	S	9000.000	$52.80	Disposed	298795.497	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	4667.000	Indirect

Footnotes

F1: Shares held in reporting person's account under the Company's Incentive Savings Plan as of December 31, 2003. 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.