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: PARENT LOUISE M (EVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-11	Common Stock	S	5000	$62.53	Disposed	275300	Direct
2007-05-11	Common Stock	S	2300	$62.56	Disposed	273000	Direct
2007-05-11	Common Stock	S	8700	$62.57	Disposed	264300	Direct
2007-05-11	Common Stock	S	1300	$62.58	Disposed	263000	Direct
2007-05-11	Common Stock	S	3700	$62.59	Disposed	259300	Direct
2007-05-11	Common Stock	S	10800	$62.6	Disposed	248500	Direct
2007-05-11	Common Stock	S	500	$62.61	Disposed	248000	Direct
2007-05-11	Common Stock	S	3200	$62.62	Disposed	244800	Direct
2007-05-11	Common Stock	S	1300	$62.63	Disposed	243500	Direct
2007-05-11	Common Stock	S	11000	$62.64	Disposed	232500	Direct
2007-05-11	Common Stock	S	200	$62.65	Disposed	232300	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	81	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.