AMERICAN EXPRESS CO — Director's Dealing 2007

May 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2007-05-11

Reporting Person: Squeri Stephen J (EVP, Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-11	Common Stock	S	200	$62.529	Disposed	67380	Direct
2007-05-11	Common Stock	S	100	$62.52	Disposed	67280	Direct
2007-05-11	Common Stock	S	2900	$62.51	Disposed	64380	Direct
2007-05-11	Common Stock	S	8000	$62.5	Disposed	56380	Direct
2007-05-11	Common Stock	S	2200	$62.49	Disposed	54180	Direct
2007-05-11	Common Stock	S	600	$62.49	Disposed	53580	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4426	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.