AMERICAN EXPRESS CO — Director's Dealing 2007

Jan 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2007-01-25

Reporting Person: HAYES JOHN D (EVP, Advertising)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-25	Employee Stock Option (Right to Buy)	$57.77	A	120000	Acquired	2017-01-24	Common Stock (120000)	Direct

Footnotes

F1: These options will become exercisable in four equal annual installments (25% on Jan. 25, 2008, 2009, 2010, and 2011, respectively) subject to award requirements including continuous employment.