X0201 4 2004-02-28 0 0000004962 AMERICAN EXPRESS CO AXP 0001209458 SALOW GLEN AMERICAN EXPRESS TOWER 3 WORLD FINANCIAL CENTER NEW YORK NY 10285-5003 0 1 0 0 EVP, Technologies Common Shares 2004-02-28 2004-03-01 4 F 0 1733.000 53.63 D 115678.000 D Common Shares 213.000 I by ISP Trust Common Shares 9.000 I by spouse The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of a restricted s tock award. Shares held in reporting person's account under the Company's Incentive Savings Plan as of February 27, 2004. 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. Glen Salow 2004-03-02