AMERICAN EXPRESS CO — Director's Dealing 2005

Aug 10, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2005-08-08

Reporting Person: CHENAULT KENNETH I (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-24	Common Shares	G	4735	—	Disposed	1290303	Direct
2005-07-15	Common Shares	G	3355	—	Disposed	1286948	Direct
2005-08-08	Common Shares	S	300	$55.96	Disposed	1286648	Direct
2005-08-08	Common Shares	S	32800	$55.95	Disposed	1253848	Direct
2005-08-08	Common Shares	S	5000	$55.98	Disposed	1248848	Direct
2005-08-10	Common Shares	S	51900	$56.376	Disposed	1196948	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	14903	Indirect
Common Shares	17949	Indirect
Common Shares	40764	Indirect
Common Shares	27600	Indirect
Common Shares	43211	Indirect

Footnotes

F1: Shares held in reporting person's account under the Company's Incentive Savings Plan as of August 9, 2005. 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.