UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
_____________________________________________
:
In the Matter of :
:
AMERICAN ELECTRIC POWER COMPANY, INC. : CERTIFICATE OF
1 Riverside Plaza : NOTIFICATION
Columbus, Ohio 43215 : NO. 7
:
(70-8429) :
:
(Public Utility Holding Company Act of 1935) :
_____________________________________________:
THIS IS TO CERTIFY THAT AMERICAN ELECTRIC POWER COMPANY,
INC. ("American"), in accordance with the terms and conditions
of, and for the purposes represented by, the Application -
Declaration herein and the Order of the Securities and Exchange
Commission with respect thereto, dated December 22, 1994, HCAR
No. 35-26200 (the "Order"), has carried out the transactions set
forth below:
1. During the calendar quarter ended September 30, 1996,
American guaranteed the bank loans to AEP Resources
International, Limited listed on Exhibit A attached hereto.
2. During the calendar quarter ended September 30, 1996,
American guaranteed the bank loans to AEP Resources, Inc. listed
on Exhibit B attached hereto. During this same calendar quarter,
on September 16, 1996, AEP Resources International, Limited and
AEP Resources Project Management, Limited acquired 100% interest
in AEP Pushan Power, LDC, a Cayman Islands limited liability
company. AEP Resources International, Limited owns 99% and AEP
Resources Project Management, Limited owns the remaining 1%
interest in AEP Pushan Power, LDC. AEP Resources International,
Limited, AEP Resources Project Management, Limited and AEP Pushan
Power, LDC are Project Parents as described in the Order. The
Project Parents own direct or indirect interests in Nanyang
General Light Electric Co. Ltd. ("Nanyang"), a foreign utility
company. AEP Pushan Power, LDC owns 70% interest in Nanyang.
Nanyang will construct and operate a thermal power plant in
Nanyang City, Henan Province, People's Republic of China.
3. No investments have been made in Project Parents
through September 30, 1996.
This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.
AMERICAN ELECTRIC POWER COMPANY, INC.
By: /s/ G. P. Maloney
Vice President
December 31, 1996
certnot.7
Exhibit A
AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
QUARTERLY SHORT-TERM DEBT REPORT
AEP RESOURCES INTERNATIONAL, LIMITED
<TABLE>
<CAPTION>
Issue Maturity Interest Principal Maturity
Date Date Days Rate % Borrowed Interest Value
<S> <C> <C> <C> <C> <C> <C>
07/05/96 07/10/96 5 5.5200 $ 100,000.00 $ 76.67 $ 100,076.67
07/09/96 07/17/96 8 5.5800 200,000.00 248.00 200,248.00
07/10/96 07/17/96 7 5.5800 1,250,000.00 1,356.25 1,251,356.25
07/17/96 08/08/96 22 5.5800 1,450,000.00 4,944.50 1,454,944.50
07/31/96 08/08/96 8 5.6800 400,000.00 504.89 400,504.89
08/08/96 09/04/96 27 5.5800 1,900,000.00 7,951.50 1,907,951.50
08/21/96 09/04/96 14 5.5500 100,000.00 215.83 100,215.83
08/22/96 09/04/96 13 5.5800 175,000.00 352.63 175,352.63
09/03/96 09/18/96 15 5.5800 100,000.00 232.50 100,232.50
09/04/96 09/18/96 14 5.6100 2,225,000.00 4,854.21 2,229,854.21
09/18/96 09/30/96 12 5.5700 2,325,000.00 4,316.75 2,329,316.75
09/19/96 10/16/96 27 5.6500 100,000.00 423.75 100,423.75
09/25/96 10/16/96 21 5.6800 125,000.00 414.17 125,414.17<PAGE>
09/30/96 10/16/96 16 5.6300 2,325,000.00 5,817.67 2,330,817.67
TOTAL $12,775,000.00 $31,709.32 $12,806,709.32
AEP RESOURCES INTERNATIONAL, LIMITED TOTAL $12,775,000.00 $31,709.32 $12,806,709.32
</TABLE>
Average Number of Days 14.93
Weighted Average Rate 5.5965
Exhibit B
AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
QUARTERLY SHORT-TERM DEBT REPORT
AEP RESOURCES, INC.
<TABLE>
<CAPTION>
Issue Maturity Interest Principal Maturity
Date Date Days Rate % Borrowed Interest Value
<S> <C> <C> <C> <C> <C> <C>
07/09/96 07/12/96 3 5.5200 $ 100,000.00 46.00 $ 100,046.00
07/10/96 07/17/96 7 5.5800 250,000.00 271.25 250,271.25
07/11/96 07/17/96 6 5.5200 100,000.00 92.00 100,092.00
07/12/96 07/17/96 5 5.5500 100,000.00 77.08 100,077.08
07/17/96 08/08/96 22 5.5800 600,000.00 2,046.00 602,046.00
07/26/96 08/08/96 13 5.5200 100,000.00 199.33 100,199.33
08/05/96 08/08/96 3 5.6200 300,000.00 140.50 300,140.50
08/08/96 09/04/96 27 5.5800 1,000,000.00 4,185.00 1,004,185.00
08/15/96 09/04/96 20 5.6100 100,000.00 311.67 100,311.67
09/03/96 10/03/96 30 5.6800 100,000.00 473.33 100,473.33
09/04/96 10/03/96 29 5.6730 1,100,000.00 5,026.91 1,105,026.91
TOTAL 3,850,000.00 12,869.07 3,862,869.07
AEP RESOURCES, INC. TOTAL $3,850,000.00 12,869.07 $3,862,869.07
</TABLE>
Average Number of Days 15.00
Weighted Average Rate 5.6076
