AMERICAN EXPRESS CO — Director's Dealing 2007

Dec 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2007-11-30

Reporting Person: Linville Judson C (CEO, U.S. Consumer Division)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-30	Common Stock	M	221	$25.649	Acquired	44987	Direct
2007-11-30	Common Stock	M	24048	$46.564	Acquired	69035	Direct
2007-11-30	Common Stock	S	22721	$58.9	Disposed	46314	Direct
2007-11-30	Common Stock	S	99	$58.56	Disposed	46215	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-30	Employee Stock Option (Right to Buy)	$25.649	M	221	Disposed	2008-02-22	Common Stock (221)	Direct
2007-11-30	Employee Stock Option (Right to Buy)	$46.564	M	24048	Disposed	2008-02-22	Common Stock (24048)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2811	Indirect
Common Stock	27.1	Indirect

Footnotes

F1: Shares held in reporting person's account under the Company's Retirement 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.