AMERICAN EXPRESS CO — Director's Dealing 2007

Jan 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2007-01-24

Reporting Person: CHENAULT KENNETH I (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-24	Common Stock	F	4547	$58.29	Disposed	619209	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27600	Indirect
Common Stock	18614	Indirect
Common Stock	53423	Indirect
Common Stock	40764	Indirect
Common Stock	75511	Indirect
Common Stock	100000	Indirect

Footnotes

F1: The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of a restricted stock award.

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.