AMERICAN EXPRESS CO — Director's Dealing 2008

Jan 30, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2008-01-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-30	Common Stock	G	390	—	Disposed	551435	Direct
2007-06-21	Common Stock	G	260	—	Disposed	551175	Direct
2007-06-21	Common Stock	G	3200	—	Disposed	547975	Direct
2007-09-06	Common Stock	G	338	—	Disposed	547637	Direct
2007-09-06	Common Stock	G	6780	—	Disposed	540857	Direct
2007-11-12	Common Stock	G	180	—	Disposed	540677	Direct
2007-12-07	Common Stock	G	600	—	Disposed	540077	Direct
2007-12-07	Common Stock	G	600	—	Acquired	54023	Indirect
2008-01-28	Common Stock	F	1662	$46.234	Disposed	538415	Direct
2008-01-28	Common Stock	F	1847	$46.234	Disposed	536568	Direct
2008-01-28	Common Stock	F	14596	$47.4	Disposed	521972	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100000	Indirect
Common Stock	100000	Indirect
Common Stock	75511	Indirect
Common Stock	40764	Indirect
Common Stock	27600	Indirect
Common Stock	20820	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 Retirement 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.