AMERICAN EXPRESS CO — Director's Dealing 2007

Aug 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2007-07-31

Reporting Person: Gupta Ashwini (Pres-Risk/Info Mgmt/Banking Gp)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-31	Employee Stock Option (Right to Buy)	$58.54	A	15000	Acquired	2017-07-31	Common Stock (15000)	Direct

Footnotes

F1: These options will vest in four equal annual installments beginning on the date shown as "Date Exercisable" subject to award requirements including continuous employment.