AMERICAN EXPRESS CO — Director's Dealing 2006

Dec 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2006-11-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-21	Common Stock	G	485	—	Disposed	625052	Direct
2006-06-05	Common Stock	G	750	—	Disposed	624302	Direct
2006-06-13	Common Stock	G	8120	—	Disposed	616182	Direct
2006-08-10	Common Stock	G	4805	—	Disposed	611377	Direct
2006-09-19	Common Stock	G	4720	—	Disposed	606657	Direct
2006-11-29	Common Stock	S	8700	$58.76	Disposed	597957	Direct
2006-11-29	Common Stock	S	58100	$59	Disposed	539857	Direct
2006-11-29	Common Stock	S	25600	$59.01	Disposed	514257	Direct
2006-11-29	Common Stock	S	9900	$59.02	Disposed	504357	Direct
2006-11-29	Common Stock	S	1700	$59.05	Disposed	502657	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27600	Indirect
Common Stock	14903	Indirect
Common Stock	18618	Indirect
Common Stock	43611	Indirect
Common Stock	40764	Indirect
Common Stock	86000	Indirect

Footnotes

F1: Shares held in reporting person's account under the Company's Incentive Savings Plan. 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.