AMERICAN EXPRESS CO — Director's Dealing 2007

Apr 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2007-04-23

Reporting Person: SCHICK THOMAS A (EVP-Corp. Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-23	Common Stock	M	47896	$30.892	Acquired	181792	Direct
2007-04-23	Common Stock	M	109601	$43.601	Acquired	291393	Direct
2007-04-23	Common Stock	M	6103	$44.717	Acquired	297496	Direct
2007-04-23	Common Stock	S	1500	$61.08	Disposed	295996	Direct
2007-04-23	Common Stock	S	6000	$61.09	Disposed	289996	Direct
2007-04-23	Common Stock	S	75600	$61.1	Disposed	214396	Direct
2007-04-23	Common Stock	S	33500	$61.11	Disposed	180896	Direct
2007-04-23	Common Stock	S	17400	$61.12	Disposed	163496	Direct
2007-04-23	Common Stock	S	1500	$61.125	Disposed	161996	Direct
2007-04-23	Common Stock	S	14100	$61.13	Disposed	147896	Direct
2007-04-23	Common Stock	S	2500	$61.14	Disposed	145396	Direct
2007-04-23	Common Stock	S	3000	$61.15	Disposed	142396	Direct
2007-04-23	Common Stock	S	3400	$61.165	Disposed	138996	Direct
2007-04-23	Common Stock	S	5100	$61.17	Disposed	133896	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-23	Employee Stock Option (Right to Buy)	$30.892	M	47896	Disposed	2009-02-22	Common Stock (47896)	Direct
2007-04-23	Employee Stock Option (Right to Buy)	$43.601	M	109601	Disposed	2009-02-21	Common Stock (109601)	Direct
2007-04-23	Employee Stock Option (Right to Buy)	$44.717	M	6103	Disposed	2009-02-21	Common Stock (6103)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	991	Indirect

Footnotes

F1: Includes shares acquired pursuant to a dividend reinvestment feature of the Company's Shareholder Stock Purchase Plan and a similar reinvestment feature offered by the reporting person's broker-dealer.

F2: 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.