<PAGE>
UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
______________________________________________
:
In the Matter of :
:
AMERICAN ELECTRIC POWER COMPANY, INC. : CERTIFICATE OF
AEP GENERATING COMPANY : NOTIFICATION
APPALACHIAN POWER COMPANY : NO. 15
COLUMBUS SOUTHERN POWER COMPANY :
INDIANA MICHIGAN POWER COMPANY :
KENTUCKY POWER COMPANY :
KINGSPORT POWER COMPANY :
OHIO POWER COMPANY :
WHEELING POWER COMPANY :
Columbus, Ohio :
:
(70-8693) :
Public Utility Holding Company Act of 1935 :
______________________________________________:
THIS IS TO CERTIFY THAT AMERICAN ELECTRIC POWER COMPANY, INC., and
certain of its electric utility subsidiaries, in accordance with the terms
and conditions of, and for the purposes represented by, the Application or
declaration herein, as amended, the orders of the Securities and Exchange
Commission with respect thereto, dated December 8, 1995 and May 4, 1998, have
carried out the transactions listed below:
1. AEP Generating Company, Kentucky Power Company, Kingsport Power
Company, Ohio Power Company and Wheeling Power Company made short-term
note borrowings from banks during the calendar quarter ended September
30, 1999; Appalachian Power Company and Indiana Michigan Power Company
sold commercial paper to Lehman Brothers Commercial Paper,
Incorporated; Appalachian Power Company sold commercial paper to Banc
One Capital Markets; Columbus Southern Power Company sold commercial
paper to Solomon Smith Barney; Indiana Michigan Power Company and Ohio
Power Company sold commercial paper to Goldman Sachs Money Markets,
L.P.; Kentucky Power Company sold commercial paper to Merrill Lynch
Money Markets, Incorporated; and American Electric Power Company, Inc.,
Columbus Southern Power Company and Kentucky Power Company sold
commercial paper to Morgan Stanley & Co. during the calendar quarter
ended September 30, 1999.
These note borrowings from banks and commercial paper transactions, if
any, are summarized on the attached computer printouts for each company.
Bank note borrowings are indicated as "BL" and Commercial Paper transactions
by each company are indicated as "CP".
The interest rate for each transaction involving note borrowings from
banks in the report is calculated on an interest-bearing basis and a 360-day
year. The interest rate for each commercial paper transaction is calculated
on a discounted basis and a 360-day year. The actual prime rates in effect
during the quarter are set forth in Exhibit A.
This Certificate of Notification is filed pursuant to the Commission's
Order in this proceeding after the end of the calendar quarter during which
the above-described transactions were consummated.
AMERICAN ELECTRIC POWER COMPANY, INC.
AEP GENERATING COMPANY
APPALACHIAN POWER COMPANY
COLUMBUS SOUTHERN POWER COMPANY
INDIANA MICHIGAN POWER COMPANY
KENTUCKY POWER COMPANY
KINGSPORT POWER COMPANY
OHIO POWER COMPANY
WHEELING POWER COMPANY
By: /s/ A. A. Pena
Vice President and Treasurer
Dated: October 11, 1999
<PAGE>
EXHIBIT A
AMERICAN ELECTRIC POWER SYSTEM
Schedule of Monthly Prime Rates
Third Quarter of the Calendar Year 1999
Month Actual Prime Rates*
Jul 1 - Aug 25 8.00%
Aug 26 - Sep 30 8.25%
* Represents the prime commercial lending rates of major New York City
banks as reported in The Wall Street Journal.
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
AEP GENERATING COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 07/01/99 07/26/99 25 5.6000 300,000.00 1,166.67 301,166.67
07/13/99 08/18/99 36 5.3123 1,525,000.00 8,101.26 1,533,101.26
07/14/99 08/18/99 35 5.5300 4,025,000.00 21,639.97 4,046,639.97
07/15/99 08/18/99 34 5.5300 1,300,000.00 6,789.61 1,306,789.61
07/16/99 08/23/99 38 5.4123 675,000.00 3,856.26 678,856.26
07/21/99 08/23/99 33 5.6600 7,225,000.00 37,485.71 7,262,485.71
07/26/99 08/23/99 28 5.6900 13,200,000.00 58,417.33 13,258,417.33
08/02/99 08/18/99 16 5.4700 125,000.00 303.89 125,303.89
08/13/99 08/19/99 6 5.5000 2,000,000.00 1,833.33 2,001,833.33
08/17/99 09/15/99 29 5.9400 2,100,000.00 10,048.50 2,110,048.50
08/18/99 09/15/99 28 5.6430 5,500,000.00 24,139.50 5,524,139.50
08/18/99 09/15/99 28 5.6690 1,525,000.00 6,724.06 1,531,724.06
08/23/99 09/24/99 32 5.9300 4,500,000.00 23,720.00 4,523,720.00
08/25/99 09/24/99 30 5.5800 1,200,000.00 5,580.00 1,205,580.00
08/31/99 09/01/99 1 6.0500 1,525,000.00 256.28 1,525,256.28
09/01/99 09/20/99 19 5.7324 2,000,000.00 6,050.87 2,006,050.87
09/10/99 01/25/00 137 6.3497 2,500,000.00 60,410.34 2,560,410.34
09/13/99 09/20/99 7 5.7500 600,000.00 670.83 600,670.83
09/14/99 09/20/99 6 5.9750 1,600,000.00 1,593.33 1,601,593.33
09/15/99 01/25/00 132 6.4378 8,000,000.00 188,842.13 8,188,842.13
09/15/99 09/20/99 5 5.7000 4,775,000.00 3,780.21 4,778,780.21
09/16/99 09/24/99 8 5.7000 1,000,000.00 1,266.67 1,001,266.67
09/20/99 09/24/99 4 5.7200 4,300,000.00 2,732.89 4,302,732.89
09/22/99 09/24/99 2 5.7900 100,000.00 32.17 100,032.17
09/24/99 09/30/99 6 5.6600 1,500,000.00 1,415.00 1,501,415.00
09/27/99 09/30/99 3 5.6200 775,000.00 362.96 775,362.96
09/29/99 10/20/99 21 5.8000 500,000.00 1,691.67 501,691.67
09/30/99 10/20/99 20 5.7800 2,825,000.00 9,071.39 2,834,071.39
---------------- ---------------- ----------------
BL TOTAL 77,200,000.00 487,982.83 77,687,982.83
---------------- ---------------- ----------------
AEP GENERATING COMPANY TOTAL 77,200,000.00 487,982.83 77,687,982.83
================ ================ ================
AVERAGE NUMBER OF DAYS 27.46
WEIGHTED AVERAGE RATE 5.7947
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
AMERICAN ELECTRIC POWER COMPANY, INC.
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 08/02/99 08/06/99 4 5.4900 875,000.00 533.75 875,533.75
---------------- ---------------- ----------------
BL TOTAL 875,000.00 533.75 875,533.75
CP 07/01/99 07/21/99 20 5.5500 21,932,166.67 67,833.33 22,000,000.00
07/08/99 07/16/99 8 5.3000 699,175.56 824.44 700,000.00
07/09/99 08/13/99 35 5.3000 6,118,310.42 31,689.58 6,150,000.00
07/15/99 08/18/99 34 5.2800 2,487,533.33 12,466.67 2,500,000.00
07/16/99 07/23/99 7 5.2500 699,285.42 714.58 700,000.00
07/20/99 07/23/99 3 5.1500 2,348,991.46 1,008.54 2,350,000.00
07/21/99 08/16/99 26 5.3000 9,961,722.22 38,277.78 10,000,000.00
07/21/99 08/16/99 26 5.3000 22,563,300.83 86,699.17 22,650,000.00
08/13/99 08/16/99 3 5.2000 6,322,259.17 2,740.83 6,325,000.00
08/16/99 08/17/99 1 5.4500 19,996,972.22 3,027.78 20,000,000.00
08/16/99 08/31/99 15 5.4000 19,955,000.00 45,000.00 20,000,000.00
08/17/99 08/18/99 1 5.2000 19,597,168.89 2,831.11 19,600,000.00
08/18/99 08/19/99 1 5.1000 21,496,954.17 3,045.83 21,500,000.00
08/19/99 08/20/99 1 5.1500 21,996,852.78 3,147.22 22,000,000.00
08/20/99 08/23/99 3 5.1500 19,991,416.67 8,583.33 20,000,000.00
08/20/99 08/23/99 3 5.1300 2,299,016.75 983.25 2,300,000.00
08/23/99 08/24/99 1 5.2500 22,496,718.75 3,281.25 22,500,000.00
08/24/99 08/26/99 2 5.4000 22,493,250.00 6,750.00 22,500,000.00
08/26/99 08/27/99 1 5.4500 22,996,518.06 3,481.94 23,000,000.00
08/27/99 09/01/99 5 5.4500 21,883,422.92 16,577.08 21,900,000.00
08/31/99 09/01/99 1 5.7800 20,096,772.83 3,227.17 20,100,000.00
09/01/99 09/07/99 6 5.4900 22,978,955.00 21,045.00 23,000,000.00
09/01/99 09/02/99 1 5.5500 2,349,637.71 362.29 2,350,000.00
09/02/99 09/15/99 13 5.4700 2,345,358.10 4,641.90 2,350,000.00
09/07/99 09/08/99 1 5.5300 23,996,313.33 3,686.67 24,000,000.00
09/08/99 09/09/99 1 5.4500 8,748,675.35 1,324.65 8,750,000.00
09/10/99 09/13/99 3 5.3300 799,644.67 355.33 800,000.00
09/28/99 09/29/99 1 5.5800 18,297,163.50 2,836.50 18,300,000.00
09/29/99 01/20/00 113 6.3000 7,131,136.87 143,863.13 7,275,000.00
09/29/99 09/30/99 1 5.6500 11,223,238.30 1,761.70 11,225,000.00
---------------- ---------------- ----------------
CP TOTAL 406,302,931.95 522,068.05 406,825,000.00
---------------- ---------------- ----------------
AMERICAN ELECTRIC POWER COMPANY, INC. TOTAL 407,177,931.95 522,601.80 407,700,533.75
================ ================ ================
AVERAGE NUMBER OF DAYS 11.00
WEIGHTED AVERAGE RATE 5.4044
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
APPALACHIAN POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
CP 07/01/99 07/14/99 13 5.4000 1,621,831.25 3,168.75 1,625,000.00
07/02/99 07/16/99 14 5.3300 19,958,544.44 41,455.56 20,000,000.00
07/06/99 07/19/99 13 5.3500 8,982,612.50 17,387.50 9,000,000.00
07/06/99 07/19/99 13 5.3200 19,961,577.78 38,422.22 20,000,000.00
07/06/99 07/19/99 13 5.3200 499,039.44 960.56 500,000.00
07/07/99 02/04/00 212 5.9700 6,850,387.67 249,612.33 7,100,000.00
07/07/99 07/21/99 14 5.3000 19,958,777.78 41,222.22 20,000,000.00
07/07/99 07/21/99 14 5.3000 4,291,137.22 8,862.78 4,300,000.00
07/09/99 07/22/99 13 5.2500 14,971,562.50 28,437.50 15,000,000.00
07/09/99 01/26/00 201 5.8800 7,737,360.00 262,640.00 8,000,000.00
07/09/99 07/23/99 14 5.2500 8,482,645.83 17,354.17 8,500,000.00
07/12/99 07/27/99 15 5.2500 20,455,156.25 44,843.75 20,500,000.00
07/13/99 07/26/99 13 5.2500 4,990,520.83 9,479.17 5,000,000.00
07/13/99 07/26/99 13 5.2500 1,896,397.92 3,602.08 1,900,000.00
07/13/99 01/26/00 197 5.9000 1,935,427.78 64,572.22 2,000,000.00
07/13/99 07/26/99 13 5.2500 5,988,625.00 11,375.00 6,000,000.00
07/16/99 01/26/00 194 5.9500 7,743,488.89 256,511.11 8,000,000.00
07/16/99 07/19/99 3 5.0800 5,697,587.00 2,413.00 5,700,000.00
07/16/99 07/19/99 3 5.0800 3,798,391.33 1,608.67 3,800,000.00
07/19/99 07/20/99 1 5.1700 24,996,409.72 3,590.28 25,000,000.00
07/19/99 08/16/99 28 5.2500 8,465,291.67 34,708.33 8,500,000.00
07/20/99 08/17/99 28 5.2500 27,387,708.33 112,291.67 27,500,000.00
07/21/99 08/18/99 28 5.2800 18,921,973.33 78,026.67 19,000,000.00
07/22/99 08/03/99 12 5.2800 12,977,120.00 22,880.00 13,000,000.00
07/23/99 07/29/99 6 5.2500 2,497,812.50 2,187.50 2,500,000.00
07/23/99 07/29/99 6 5.2500 599,475.00 525.00 600,000.00
07/26/99 07/30/99 4 5.3000 18,489,105.56 10,894.44 18,500,000.00
07/27/99 07/28/99 1 5.1800 13,997,985.56 2,014.44 14,000,000.00
07/28/99 08/06/99 9 5.3000 9,986,750.00 13,250.00 10,000,000.00
07/29/99 08/04/99 6 5.3300 1,798,401.00 1,599.00 1,800,000.00
07/30/99 08/09/99 10 5.3300 12,033,157.82 17,842.18 12,051,000.00
07/30/99 08/10/99 11 5.3300 8,934,425.56 14,574.44 8,949,000.00
08/03/99 08/04/99 1 5.1700 5,999,138.33 861.67 6,000,000.00
08/04/99 08/05/99 1 5.0900 23,496,677.36 3,322.64 23,500,000.00
08/05/99 01/26/00 174 6.1000 9,705,166.67 294,833.33 10,000,000.00
08/05/99 02/10/00 189 6.1000 7,143,655.50 236,344.50 7,380,000.00
08/05/99 08/06/99 1 5.1800 6,319,090.62 909.38 6,320,000.00
08/06/99 08/13/99 7 5.2300 16,333,372.96 16,627.04 16,350,000.00
08/09/99 08/19/99 10 5.3200 12,980,788.89 19,211.11 13,000,000.00
08/10/99 08/11/99 1 5.1500 1,999,713.89 286.11 2,000,000.00
08/10/99 08/11/99 1 5.1500 649,907.01 92.99 650,000.00
08/12/99 08/23/99 11 5.2500 5,990,375.00 9,625.00 6,000,000.00
08/13/99 08/24/99 11 5.2500 15,974,333.33 25,666.67 16,000,000.00
08/16/99 08/26/99 10 5.3000 8,712,154.86 12,845.14 8,725,000.00
08/17/99 08/31/99 14 5.2800 20,956,880.00 43,120.00 21,000,000.00
08/18/99 08/30/99 12 5.3000 11,978,800.00 21,200.00 12,000,000.00
08/19/99 08/27/99 8 5.2900 27,567,554.67 32,445.33 27,600,000.00
08/20/99 08/31/99 11 5.3000 17,072,307.50 27,692.50 17,100,000.00
08/24/99 09/03/99 10 5.4500 7,987,888.89 12,111.11 8,000,000.00
08/25/99 09/09/99 15 5.4500 3,492,052.08 7,947.92 3,500,000.00
08/26/99 09/02/99 7 5.4800 2,946,856.61 3,143.39 2,950,000.00
08/27/99 09/07/99 11 5.5000 30,947,902.78 52,097.22 31,000,000.00
08/30/99 09/13/99 14 5.5500 3,991,366.67 8,633.33 4,000,000.00
09/01/99 01/18/00 139 6.1500 9,762,541.67 237,458.33 10,000,000.00
09/02/99 09/08/99 6 5.5300 9,741,013.75 8,986.25 9,750,000.00
09/03/99 09/14/99 11 5.4800 9,883,423.00 16,577.00 9,900,000.00
09/07/99 09/14/99 7 5.4800 38,958,443.33 41,556.67 39,000,000.00
09/08/99 09/14/99 6 5.4800 4,321,049.83 3,950.17 4,325,000.00
09/10/99 09/28/99 18 5.4500 26,228,332.50 71,667.50 26,300,000.00
09/13/99 09/17/99 4 5.5000 999,388.89 611.11 1,000,000.00
09/14/99 09/17/99 3 5.4500 24,988,645.83 11,354.17 25,000,000.00
09/14/99 09/21/99 7 5.4200 16,982,083.89 17,916.11 17,000,000.00
09/14/99 09/22/99 8 5.4200 3,196,145.78 3,854.22 3,200,000.00
09/15/99 09/24/99 9 5.4800 11,983,560.00 16,440.00 12,000,000.00
09/17/99 09/20/99 3 5.3000 9,995,583.33 4,416.67 10,000,000.00
09/20/99 09/29/99 9 5.4500 13,182,015.00 17,985.00 13,200,000.00
09/21/99 09/24/99 3 5.4000 10,995,050.00 4,950.00 11,000,000.00
09/24/99 09/27/99 3 5.3500 8,995,987.50 4,012.50 9,000,000.00
09/27/99 09/28/99 1 5.4000 9,998,500.00 1,500.00 10,000,000.00
09/27/99 09/28/99 1 5.4000 849,872.50 127.50 850,000.00
09/28/99 10/04/99 6 5.6000 6,993,466.67 6,533.33 7,000,000.00
09/28/99 10/04/99 6 5.6000 2,197,946.67 2,053.33 2,200,000.00
09/29/99 10/06/99 7 5.7000 12,486,145.83 13,854.17 12,500,000.00
09/30/99 10/08/99 8 5.7000 37,951,866.67 48,133.33 38,000,000.00
---------------- ---------------- ----------------
CP TOTAL 839,843,733.72 2,781,266.28 842,625,000.00
---------------- ---------------- ----------------
APPALACHIAN POWER COMPANY TOTAL 839,843,733.72 2,781,266.28 842,625,000.00
================ ================ ================
AVERAGE NUMBER OF DAYS 25.93
WEIGHTED AVERAGE RATE 5.3936
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
COLUMBUS SOUTHERN POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
CP 07/02/99 07/13/99 11 5.2500 6,489,572.92 10,427.08 6,500,000.00
07/06/99 07/16/99 10 5.2700 14,978,041.67 21,958.33 15,000,000.00
07/07/99 07/21/99 14 5.2500 19,959,166.67 40,833.33 20,000,000.00
07/07/99 07/14/99 7 5.2500 3,396,529.17 3,470.83 3,400,000.00
07/08/99 07/22/99 14 5.2500 5,488,770.83 11,229.17 5,500,000.00
07/08/99 07/23/99 15 5.2500 3,317,726.56 7,273.44 3,325,000.00
07/09/99 07/26/99 17 5.2300 2,269,381.38 5,618.62 2,275,000.00
07/12/99 07/27/99 15 5.2000 17,961,000.00 39,000.00 18,000,000.00
07/12/99 07/29/99 17 5.2000 2,394,106.67 5,893.33 2,400,000.00
07/13/99 07/28/99 15 5.2000 2,993,500.00 6,500.00 3,000,000.00
07/15/99 08/03/99 19 5.2200 1,495,867.50 4,132.50 1,500,000.00
07/16/99 08/06/99 21 5.2300 11,464,915.42 35,084.58 11,500,000.00
07/19/99 08/09/99 21 5.2300 13,757,898.50 42,101.50 13,800,000.00
07/21/99 08/10/99 20 5.2100 19,942,111.11 57,888.89 20,000,000.00
07/21/99 08/10/99 20 5.2100 1,869,572.92 5,427.08 1,875,000.00
07/22/99 08/12/99 21 5.2000 2,691,810.00 8,190.00 2,700,000.00
07/26/99 07/29/99 3 5.2000 1,849,198.33 801.67 1,850,000.00
07/27/99 07/29/99 2 5.2000 8,997,400.00 2,600.00 9,000,000.00
07/29/99 08/04/99 6 5.2000 7,993,066.67 6,933.33 8,000,000.00
07/30/99 08/13/99 14 5.2500 5,588,566.67 11,433.33 5,600,000.00
08/02/99 08/16/99 14 5.2500 2,494,895.83 5,104.17 2,500,000.00
08/04/99 02/04/00 184 6.0600 9,690,266.67 309,733.33 10,000,000.00
08/06/99 08/09/99 3 5.0900 2,973,738.10 1,261.90 2,975,000.00
08/09/99 08/10/99 1 5.2000 14,497,905.56 2,094.44 14,500,000.00
08/10/99 02/17/00 191 6.2000 4,835,527.78 164,472.22 5,000,000.00
08/10/99 08/24/99 14 5.2000 19,959,555.56 40,444.44 20,000,000.00
08/10/99 08/11/99 1 5.1000 4,999,291.67 708.33 5,000,000.00
08/13/99 08/18/99 5 5.2500 6,795,041.67 4,958.33 6,800,000.00
08/16/99 08/17/99 1 5.4000 1,949,707.50 292.50 1,950,000.00
08/18/99 08/19/99 1 5.0500 4,299,396.81 603.19 4,300,000.00
08/24/99 02/01/00 161 6.2500 2,916,145.83 83,854.17 3,000,000.00
08/24/99 08/25/99 1 5.2500 8,998,687.50 1,312.50 9,000,000.00
08/25/99 08/26/99 1 5.2000 4,699,321.11 678.89 4,700,000.00
08/31/99 09/02/99 2 5.5700 2,524,218.65 781.35 2,525,000.00
09/10/99 09/13/99 3 5.3000 7,496,687.50 3,312.50 7,500,000.00
09/13/99 09/14/99 1 5.3500 1,999,702.78 297.22 2,000,000.00
09/15/99 09/16/99 1 5.4500 4,999,243.06 756.94 5,000,000.00
09/15/99 09/17/99 2 5.4500 20,993,641.67 6,358.33 21,000,000.00
09/16/99 02/08/00 145 6.2500 1,949,652.78 50,347.22 2,000,000.00
09/17/99 01/21/00 126 6.2500 489,062.50 10,937.50 500,000.00
09/17/99 09/21/99 4 5.3300 16,989,932.22 10,067.78 17,000,000.00
09/17/99 09/21/99 4 5.3300 2,498,519.44 1,480.56 2,500,000.00
09/21/99 09/22/99 1 5.3300 4,999,259.72 740.28 5,000,000.00
09/21/99 09/23/99 2 5.3000 9,997,055.56 2,944.44 10,000,000.00
09/23/99 09/24/99 1 5.3500 5,699,152.92 847.08 5,700,000.00
09/24/99 09/27/99 3 5.3000 11,994,700.00 5,300.00 12,000,000.00
09/27/99 09/28/99 1 5.3800 9,998,505.56 1,494.44 10,000,000.00
09/28/99 09/29/99 1 5.4500 3,999,394.44 605.56 4,000,000.00
09/30/99 10/04/99 4 5.6500 7,695,166.11 4,833.89 7,700,000.00
---------------- ---------------- ----------------
CP TOTAL 358,331,579.49 1,043,420.51 359,375,000.00
---------------- ---------------- ----------------
COLUMBUS SOUTHERN POWER COMPANY TOTAL 358,331,579.49 1,043,420.51 359,375,000.00
================ ================ ================
AVERAGE NUMBER OF DAYS 23.69
WEIGHTED AVERAGE RATE 5.3226
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
INDIANA MICHIGAN POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 07/28/99 07/29/99 1 5.5123 5,100,000.00 780.91 5,100,780.91
08/02/99 08/10/99 8 5.7400 1,400,000.00 1,785.78 1,401,785.78
---------------- ---------------- ----------------
BL TOTAL 6,500,000.00 2,566.69 6,502,566.69
CP 07/01/99 07/07/99 6 5.5500 14,986,125.00 13,875.00 15,000,000.00
07/01/99 07/02/99 1 5.9000 3,139,485.39 514.61 3,140,000.00
07/01/99 07/07/99 6 5.5500 12,848,104.50 11,895.50 12,860,000.00
07/01/99 07/08/99 7 5.5500 29,967,625.00 32,375.00 30,000,000.00
07/02/99 07/06/99 4 5.2800 28,543,244.80 16,755.20 28,560,000.00
07/02/99 07/14/99 12 5.3400 7,242,086.10 12,913.90 7,255,000.00
07/02/99 07/14/99 12 5.3400 1,522,285.50 2,714.50 1,525,000.00
07/02/99 07/15/99 13 5.3400 5,449,471.30 10,528.70 5,460,000.00
07/02/99 07/19/99 17 5.3500 2,493,684.03 6,315.97 2,500,000.00
07/06/99 07/20/99 14 5.3200 38,919,313.33 80,686.67 39,000,000.00
07/06/99 07/20/99 14 5.3200 29,937,933.33 62,066.67 30,000,000.00
07/06/99 07/07/99 1 5.3500 10,998,365.28 1,634.72 11,000,000.00
07/06/99 07/07/99 1 5.2500 2,894,577.81 422.19 2,895,000.00
07/06/99 07/19/99 13 5.3200 6,093,271.62 11,728.38 6,105,000.00
07/07/99 07/20/99 13 5.3000 37,927,272.22 72,727.78 38,000,000.00
07/07/99 07/20/99 13 5.3000 1,247,607.64 2,392.36 1,250,000.00
07/08/99 07/19/99 11 5.2900 24,959,590.28 40,409.72 25,000,000.00
07/08/99 07/09/99 1 5.1200 1,449,793.78 206.22 1,450,000.00
07/09/99 07/12/99 3 5.1000 849,638.75 361.25 850,000.00
07/12/99 07/19/99 7 5.2700 25,982,348.00 26,652.00 26,009,000.00
07/12/99 07/13/99 1 5.2000 23,012,675.47 3,324.53 23,016,000.00
07/13/99 07/14/99 1 5.1200 15,997,724.44 2,275.56 16,000,000.00
07/13/99 07/21/99 8 5.2000 9,988,444.44 11,555.56 10,000,000.00
07/14/99 07/22/99 8 5.2800 24,471,253.33 28,746.67 24,500,000.00
07/16/99 07/19/99 3 5.1200 30,676,905.60 13,094.40 30,690,000.00
07/16/99 07/20/99 4 5.1500 8,355,216.22 4,783.78 8,360,000.00
07/16/99 07/21/99 5 5.1700 10,767,262.95 7,737.05 10,775,000.00
07/19/99 07/22/99 3 5.2200 10,495,432.50 4,567.50 10,500,000.00
07/19/99 07/22/99 3 5.2300 38,983,002.50 16,997.50 39,000,000.00
07/19/99 07/20/99 1 5.1700 39,494,327.36 5,672.64 39,500,000.00
07/20/99 07/22/99 2 5.1500 45,629,941.03 13,058.97 45,643,000.00
07/20/99 07/22/99 2 5.1500 26,349,458.97 7,541.03 26,357,000.00
07/20/99 07/22/99 2 5.1400 2,746,215.58 784.42 2,747,000.00
07/20/99 07/22/99 2 5.1400 10,996,858.89 3,141.11 11,000,000.00
07/20/99 07/22/99 2 5.1400 4,348,757.83 1,242.17 4,350,000.00
07/20/99 07/22/99 2 5.1400 4,248,786.39 1,213.61 4,250,000.00
07/20/99 07/22/99 2 5.1400 49,985,722.22 14,277.78 50,000,000.00
07/20/99 07/22/99 2 5.1400 8,650,529.09 2,470.91 8,653,000.00
07/21/99 07/22/99 1 5.1000 9,998,583.33 1,416.67 10,000,000.00
07/21/99 07/27/99 6 5.2000 13,987,866.67 12,133.33 14,000,000.00
07/22/99 07/23/99 1 5.1500 24,996,423.61 3,576.39 25,000,000.00
07/22/99 07/27/99 5 5.1900 7,394,665.83 5,334.17 7,400,000.00
07/22/99 07/23/99 1 5.1500 34,665,040.26 4,959.74 34,670,000.00
07/22/99 08/03/99 12 5.2800 20,294,219.20 35,780.80 20,330,000.00
07/23/99 01/25/00 186 6.0500 4,843,708.33 156,291.67 5,000,000.00
07/23/99 08/09/99 17 5.2900 24,937,548.61 62,451.39 25,000,000.00
07/23/99 08/13/99 21 5.3000 4,984,541.67 15,458.33 5,000,000.00
07/23/99 07/26/99 3 5.1500 4,997,854.17 2,145.83 5,000,000.00
07/23/99 08/16/99 24 5.3000 10,961,133.33 38,866.67 11,000,000.00
07/26/99 08/06/99 11 5.3200 2,725,562.23 4,437.77 2,730,000.00
07/26/99 01/31/00 189 6.0500 484,118.75 15,881.25 500,000.00
07/26/99 07/27/99 1 5.2700 21,271,885.58 3,114.42 21,275,000.00
07/26/99 08/06/99 11 5.3200 3,089,968.91 5,031.09 3,095,000.00
07/27/99 07/28/99 1 5.2000 11,443,346.83 1,653.17 11,445,000.00
07/27/99 07/28/99 1 5.2000 1,199,826.67 173.33 1,200,000.00
07/27/99 07/28/99 1 5.2000 5,499,205.56 794.44 5,500,000.00
07/27/99 07/29/99 2 5.2300 9,997,094.44 2,905.56 10,000,000.00
07/27/99 08/17/99 21 5.3500 13,512,697.10 42,302.90 13,555,000.00
07/28/99 08/05/99 8 5.3000 6,991,755.56 8,244.44 7,000,000.00
07/28/99 08/10/99 13 5.3300 4,990,376.39 9,623.61 5,000,000.00
07/29/99 07/30/99 1 5.3000 15,997,644.44 2,355.56 16,000,000.00
07/30/99 08/02/99 3 5.3500 43,721,498.80 19,501.20 43,741,000.00
07/30/99 08/12/99 13 5.3500 1,456,181.29 2,818.71 1,459,000.00
07/30/99 01/26/00 180 6.0500 9,697,500.00 302,500.00 10,000,000.00
08/02/99 01/18/00 169 6.1000 8,596,570.42 253,429.58 8,850,000.00
08/02/99 08/03/99 1 5.4000 41,443,782.50 6,217.50 41,450,000.00
08/03/99 08/04/99 1 5.2000 27,451,034.28 3,965.72 27,455,000.00
08/03/99 08/13/99 10 5.2700 11,183,604.44 16,395.56 11,200,000.00
08/03/99 08/13/99 10 5.2700 9,286,385.83 13,614.17 9,300,000.00
08/03/99 01/18/00 168 6.1000 9,953,359.00 291,641.00 10,245,000.00
08/03/99 01/31/00 181 6.1000 2,229,460.28 70,539.72 2,300,000.00
08/04/99 08/06/99 2 5.1700 29,291,584.39 8,415.61 29,300,000.00
08/05/99 08/06/99 1 5.1700 3,699,468.64 531.36 3,700,000.00
08/05/99 01/25/00 173 6.1000 970,686.11 29,313.89 1,000,000.00
08/06/99 08/09/99 3 5.1200 24,989,333.33 10,666.67 25,000,000.00
08/06/99 08/18/99 12 5.2500 15,273,225.00 26,775.00 15,300,000.00
08/09/99 01/18/00 162 6.1500 2,430,812.50 69,187.50 2,500,000.00
08/09/99 08/12/99 3 5.3200 29,986,700.00 13,300.00 30,000,000.00
08/09/99 08/10/99 1 5.2300 17,497,457.64 2,542.36 17,500,000.00
08/10/99 08/11/99 1 5.1500 13,997,997.22 2,002.78 14,000,000.00
08/11/99 08/12/99 1 5.1500 11,998,283.33 1,716.67 12,000,000.00
08/12/99 08/19/99 7 5.2900 2,097,839.92 2,160.08 2,100,000.00
08/12/99 08/18/99 6 5.2700 14,787,000.67 12,999.33 14,800,000.00
08/12/99 08/13/99 1 5.2200 23,096,650.50 3,349.50 23,100,000.00
08/13/99 08/16/99 3 5.2000 43,721,046.00 18,954.00 43,740,000.00
08/13/99 01/19/00 159 6.2000 3,365,253.67 94,746.33 3,460,000.00
08/16/99 08/17/99 1 5.4700 11,698,222.25 1,777.75 11,700,000.00
08/16/99 08/17/99 1 5.4700 29,995,441.67 4,558.33 30,000,000.00
08/16/99 08/17/99 1 5.4700 999,848.06 151.94 1,000,000.00
08/16/99 01/21/00 158 6.2000 8,074,147.78 225,852.22 8,300,000.00
08/17/99 08/18/99 1 5.1800 18,197,381.22 2,618.78 18,200,000.00
08/17/99 08/20/99 3 5.2000 10,995,233.33 4,766.67 11,000,000.00
08/18/99 08/19/99 1 5.1300 11,998,290.00 1,710.00 12,000,000.00
08/18/99 08/24/99 6 5.2500 30,972,875.00 27,125.00 31,000,000.00
08/18/99 08/19/99 1 5.1200 1,999,715.56 284.44 2,000,000.00
08/19/99 08/24/99 5 5.2500 8,493,802.08 6,197.92 8,500,000.00
08/19/99 08/20/99 1 5.1200 9,998,577.78 1,422.22 10,000,000.00
08/20/99 08/23/99 3 5.1300 9,995,725.00 4,275.00 10,000,000.00
08/20/99 08/26/99 6 5.3000 10,990,283.33 9,716.67 11,000,000.00
08/20/99 08/27/99 7 5.3000 5,494,331.94 5,668.06 5,500,000.00
08/23/99 08/24/99 1 5.2700 21,277,884.70 3,115.30 21,281,000.00
08/23/99 08/30/99 7 5.4300 4,714,017.52 4,982.48 4,719,000.00
08/24/99 09/01/99 8 5.4500 24,969,722.22 30,277.78 25,000,000.00
08/24/99 09/07/99 14 5.4700 4,989,363.89 10,636.11 5,000,000.00
08/24/99 08/30/99 6 5.3900 9,641,331.08 8,668.92 9,650,000.00
08/24/99 08/25/99 1 5.2800 29,995,600.00 4,400.00 30,000,000.00
08/25/99 08/26/99 1 5.3200 18,434,275.42 2,724.58 18,437,000.00
08/25/99 09/02/99 8 5.4500 5,536,286.81 6,713.19 5,543,000.00
08/25/99 09/07/99 13 5.4700 2,016,009.94 3,990.06 2,020,000.00
08/26/99 08/27/99 1 5.4500 19,996,972.22 3,027.78 20,000,000.00
08/26/99 09/01/99 6 5.4700 6,993,618.33 6,381.67 7,000,000.00
08/27/99 09/07/99 11 5.5200 2,246,205.00 3,795.00 2,250,000.00
08/27/99 08/30/99 3 5.4700 27,737,350.62 12,649.38 27,750,000.00
08/30/99 08/31/99 1 5.5500 24,556,213.67 3,786.33 24,560,000.00
08/30/99 09/08/99 9 5.5700 2,995,822.50 4,177.50 3,000,000.00
08/30/99 09/08/99 9 5.5700 3,570,021.81 4,978.19 3,575,000.00
08/30/99 09/08/99 9 5.5700 3,859,617.99 5,382.01 3,865,000.00
08/31/99 09/01/99 1 5.7300 49,992,041.67 7,958.33 50,000,000.00
08/31/99 09/01/99 1 5.7300 20,996,657.50 3,342.50 21,000,000.00
08/31/99 09/01/99 1 5.8000 2,999,516.67 483.33 3,000,000.00
09/01/99 09/13/99 12 5.5500 49,907,500.00 92,500.00 50,000,000.00
09/01/99 09/15/99 14 5.5500 20,954,675.00 45,325.00 21,000,000.00
09/01/99 09/20/99 19 5.5700 10,469,132.92 30,867.08 10,500,000.00
09/01/99 09/02/99 1 5.6000 27,995,644.44 4,355.56 28,000,000.00
09/02/99 09/14/99 12 5.5500 20,961,150.00 38,850.00 21,000,000.00
09/02/99 09/03/99 1 5.5000 11,498,243.06 1,756.94 11,500,000.00
09/03/99 09/07/99 4 5.3500 6,995,838.89 4,161.11 7,000,000.00
09/03/99 09/07/99 4 5.3500 499,702.78 297.22 500,000.00
09/07/99 09/08/99 1 5.5500 15,797,564.17 2,435.83 15,800,000.00
09/07/99 09/16/99 9 5.5000 4,993,125.00 6,875.00 5,000,000.00
09/08/99 09/09/99 1 5.4800 12,603,081.24 1,918.76 12,605,000.00
09/08/99 09/16/99 8 5.5000 6,187,428.33 7,571.67 6,195,000.00
09/09/99 09/10/99 1 5.4700 9,998,480.56 1,519.44 10,000,000.00
09/10/99 09/13/99 3 5.3500 9,995,541.67 4,458.33 10,000,000.00
09/10/99 09/13/99 3 5.3700 5,497,538.75 2,461.25 5,500,000.00
09/13/99 09/14/99 1 5.4200 3,054,540.05 459.95 3,055,000.00
09/13/99 09/15/99 2 5.4500 49,984,861.11 15,138.89 50,000,000.00
09/13/99 01/28/00 137 6.3000 7,286,026.62 178,973.38 7,465,000.00
09/13/99 09/15/99 2 5.4500 4,478,643.56 1,356.44 4,480,000.00
09/14/99 09/17/99 3 5.4300 16,617,477.19 7,522.81 16,625,000.00
09/15/99 09/16/99 1 5.5000 439,932.78 67.22 440,000.00
09/15/99 09/21/99 6 5.5000 29,532,903.33 27,096.67 29,560,000.00
09/16/99 09/28/99 12 5.4500 4,990,916.67 9,083.33 5,000,000.00
09/16/99 09/17/99 1 5.4200 10,398,434.22 1,565.78 10,400,000.00
09/17/99 09/27/99 10 5.4800 31,951,288.89 48,711.11 32,000,000.00
09/17/99 09/28/99 11 5.4800 4,991,627.78 8,372.22 5,000,000.00
09/20/99 09/23/99 3 5.4500 5,497,502.08 2,497.92 5,500,000.00
09/21/99 09/29/99 8 5.4000 26,967,600.00 32,400.00 27,000,000.00
09/23/99 09/29/99 6 5.4500 4,495,912.50 4,087.50 4,500,000.00
09/23/99 09/29/99 6 5.4500 499,545.83 454.17 500,000.00
09/24/99 09/29/99 5 5.4500 11,970,931.81 9,068.19 11,980,000.00
09/24/99 09/27/99 3 5.3800 21,210,486.37 9,513.63 21,220,000.00
09/27/99 10/04/99 7 5.5700 22,975,089.72 24,910.28 23,000,000.00
09/27/99 10/04/99 7 5.5700 37,958,843.89 41,156.11 38,000,000.00
09/28/99 10/04/99 6 5.6000 16,984,133.33 15,866.67 17,000,000.00
09/28/99 10/04/99 6 5.6000 1,998,133.33 1,866.67 2,000,000.00
09/29/99 09/30/99 1 5.6200 23,766,289.24 3,710.76 23,770,000.00
09/29/99 10/01/99 2 5.6700 1,229,612.55 387.45 1,230,000.00
09/29/99 10/06/99 7 5.6700 14,983,462.50 16,537.50 15,000,000.00
09/30/99 10/12/99 12 5.6600 24,353,965.33 46,034.67 24,400,000.00
09/30/99 10/04/99 4 5.6700 10,593,322.00 6,678.00 10,600,000.00
---------------- ---------------- ----------------
CP TOTAL 2,375,126,655.75 3,448,344.25 2,378,575,000.00
---------------- ---------------- ----------------
INDIANA MICHIGAN POWER COMPANY TOTAL 2,381,626,655.75 3,450,910.94 2,385,077,566.69
================ ================ ================
AVERAGE NUMBER OF DAYS 16.61
WEIGHTED AVERAGE RATE 5.3703
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
KENTUCKY POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 07/14/99 07/23/99 9 5.5300 900,000.00 1,244.25 901,244.25
07/16/99 07/20/99 4 5.6000 14,000,000.00 8,711.11 14,008,711.11
09/30/99 10/07/99 7 5.8500 175,000.00 199.06 175,199.06
---------------- ---------------- ----------------
BL TOTAL 15,075,000.00 10,154.42 15,085,154.42
CP 07/02/99 07/30/99 28 5.3800 8,464,432.22 35,567.78 8,500,000.00
07/06/99 07/13/99 7 5.3500 6,992,718.06 7,281.94 7,000,000.00
07/07/99 07/21/99 14 5.3000 15,967,022.22 32,977.78 16,000,000.00
07/09/99 07/19/99 10 5.2200 5,991,300.00 8,700.00 6,000,000.00
07/13/99 07/15/99 2 5.1500 5,698,369.17 1,630.83 5,700,000.00
07/13/99 07/14/99 1 5.1200 1,599,772.44 227.56 1,600,000.00
07/15/99 08/09/99 25 5.2700 4,284,263.19 15,736.81 4,300,000.00
07/15/99 08/09/99 25 5.2700 498,170.14 1,829.86 500,000.00
07/16/99 08/16/99 31 5.3000 4,977,180.56 22,819.44 5,000,000.00
07/19/99 01/18/00 183 5.9500 1,551,606.67 48,393.33 1,600,000.00
07/19/99 07/27/99 8 5.2300 3,396,048.44 3,951.56 3,400,000.00
07/20/99 07/22/99 2 5.1200 13,996,017.78 3,982.22 14,000,000.00
07/21/99 02/04/00 198 5.9500 6,287,287.50 212,712.50 6,500,000.00
07/21/99 08/13/99 23 5.2800 3,488,193.33 11,806.67 3,500,000.00
07/21/99 08/13/99 23 5.2800 3,488,193.33 11,806.67 3,500,000.00
07/22/99 01/20/00 182 5.9500 9,699,194.44 300,805.56 10,000,000.00
07/22/99 08/03/99 12 5.2700 3,693,500.33 6,499.67 3,700,000.00
07/23/99 07/29/99 6 5.2300 1,223,932.21 1,067.79 1,225,000.00
07/26/99 08/06/99 11 5.2700 6,239,935.76 10,064.24 6,250,000.00
07/26/99 01/26/00 184 5.9500 2,908,766.67 91,233.33 3,000,000.00
07/27/99 08/19/99 23 5.3200 2,690,823.00 9,177.00 2,700,000.00
07/29/99 08/04/99 6 5.2500 274,759.37 240.63 275,000.00
07/30/99 08/18/99 19 5.3300 2,592,686.06 7,313.94 2,600,000.00
08/02/99 08/24/99 22 5.3000 12,559,190.00 40,810.00 12,600,000.00
08/03/99 08/04/99 1 5.1700 2,699,612.25 387.75 2,700,000.00
08/03/99 08/04/99 1 5.1700 199,971.28 28.72 200,000.00
08/04/99 02/18/00 198 6.0700 3,189,829.50 110,170.50 3,300,000.00
08/04/99 02/18/00 198 6.0700 193,323.00 6,677.00 200,000.00
08/06/99 08/09/99 3 5.1000 6,147,386.25 2,613.75 6,150,000.00
08/09/99 08/27/99 18 5.3200 10,970,740.00 29,260.00 11,000,000.00
08/13/99 01/20/00 160 6.0000 973,333.33 26,666.67 1,000,000.00
08/13/99 08/16/99 3 5.2000 4,498,050.00 1,950.00 4,500,000.00
08/16/99 08/17/99 1 5.4500 4,999,243.06 756.94 5,000,000.00
08/16/99 08/17/99 1 5.4200 3,249,510.69 489.31 3,250,000.00
08/17/99 08/18/99 1 5.1500 2,999,570.83 429.17 3,000,000.00
08/18/99 08/20/99 2 5.1400 4,998,572.22 1,427.78 5,000,000.00
08/19/99 01/18/00 152 6.2000 501,518.44 13,481.56 515,000.00
08/19/99 08/20/99 1 5.1000 1,484,789.62 210.38 1,485,000.00
08/20/99 08/23/99 3 5.1000 3,148,661.25 1,338.75 3,150,000.00
08/20/99 08/31/99 11 5.4000 2,995,050.00 4,950.00 3,000,000.00
08/23/99 08/24/99 1 5.2300 2,999,564.17 435.83 3,000,000.00
08/23/99 08/31/99 8 5.3800 6,492,228.89 7,771.11 6,500,000.00
08/24/99 08/25/99 1 5.2500 16,397,608.33 2,391.67 16,400,000.00
08/25/99 01/18/00 146 6.2500 2,923,958.33 76,041.67 3,000,000.00
08/25/99 09/02/99 8 5.4300 13,483,710.00 16,290.00 13,500,000.00
08/25/99 09/02/99 8 5.4300 499,396.67 603.33 500,000.00
08/27/99 09/07/99 11 5.4400 9,484,208.89 15,791.11 9,500,000.00
08/31/99 09/01/99 1 5.7000 4,299,319.17 680.83 4,300,000.00
09/01/99 09/13/99 12 5.5000 3,992,666.67 7,333.33 4,000,000.00
09/02/99 09/14/99 12 5.4700 13,675,020.33 24,979.67 13,700,000.00
09/07/99 09/16/99 9 5.5200 10,485,510.00 14,490.00 10,500,000.00
09/10/99 09/21/99 11 5.4800 4,991,627.78 8,372.22 5,000,000.00
09/13/99 09/30/99 17 5.4800 4,114,325.42 10,674.58 4,125,000.00
09/14/99 09/17/99 3 5.4000 12,994,150.00 5,850.00 13,000,000.00
09/15/99 09/24/99 9 5.4500 2,197,002.50 2,997.50 2,200,000.00
09/16/99 09/28/99 12 5.4800 9,482,646.67 17,353.33 9,500,000.00
09/17/99 09/28/99 11 5.4700 13,477,436.25 22,563.75 13,500,000.00
09/20/99 09/30/99 10 5.4800 1,996,955.56 3,044.44 2,000,000.00
09/21/99 09/23/99 2 5.3500 1,499,554.17 445.83 1,500,000.00
09/21/99 09/23/99 2 5.3500 199,940.56 59.44 200,000.00
09/22/99 09/29/99 7 5.5000 2,996,791.67 3,208.33 3,000,000.00
09/22/99 09/29/99 7 5.5000 549,411.81 588.19 550,000.00
09/23/99 09/27/99 4 5.4500 1,698,970.56 1,029.44 1,700,000.00
09/23/99 09/27/99 4 5.4500 849,485.28 514.72 850,000.00
09/24/99 10/04/99 10 5.5500 6,989,208.33 10,791.67 7,000,000.00
09/24/99 10/04/99 10 5.5500 124,807.29 192.71 125,000.00
09/27/99 10/04/99 7 5.4500 2,996,820.83 3,179.17 3,000,000.00
09/27/99 10/04/99 7 5.4500 549,417.15 582.85 550,000.00
09/28/99 10/05/99 7 5.5000 22,475,937.50 24,062.50 22,500,000.00
09/29/99 10/04/99 5 5.5800 3,497,287.50 2,712.50 3,500,000.00
---------------- ---------------- ----------------
CP TOTAL 360,227,492.89 1,372,507.11 361,600,000.00
---------------- ---------------- ----------------
KENTUCKY POWER COMPANY TOTAL 375,302,492.89 1,382,661.53 376,685,154.42
================ ================ ================
AVERAGE NUMBER OF DAYS 29.88
WEIGHTED AVERAGE RATE 5.4178
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
KINGSPORT POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 07/02/99 07/06/99 4 5.7500 400,000.00 255.56 400,255.56
08/02/99 08/03/99 1 5.7400 1,900,000.00 302.94 1,900,302.94
---------------- ---------------- ----------------
BL TOTAL 2,300,000.00 558.50 2,300,558.50
---------------- ---------------- ----------------
KINGSPORT POWER COMPANY TOTAL 2,300,000.00 558.50 2,300,558.50
================ ================ ================
AVERAGE NUMBER OF DAYS 2.50
WEIGHTED AVERAGE RATE 5.7417
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
OHIO POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 07/28/99 07/29/99 1 5.6000 4,100,000.00 637.78 4,100,637.78
08/17/99 08/18/99 1 5.7400 10,000,000.00 1,594.44 10,001,594.44
08/20/99 08/23/99 3 5.5400 8,000,000.00 3,693.33 8,003,693.33
09/17/99 09/20/99 3 5.8000 24,000,000.00 11,600.00 24,011,600.00
---------------- ---------------- ----------------
BL TOTAL 46,100,000.00 17,525.55 46,117,525.55
CP 07/02/99 07/16/99 14 5.3200 15,018,863.22 31,136.78 15,050,000.00
07/06/99 07/16/99 10 5.3000 16,688,394.75 24,605.25 16,713,000.00
07/06/99 07/07/99 1 5.2500 13,085,091.48 1,908.52 13,087,000.00
07/06/99 07/16/99 10 5.3000 49,926,388.89 73,611.11 50,000,000.00
07/07/99 07/16/99 9 5.2500 16,977,687.50 22,312.50 17,000,000.00
07/07/99 01/26/00 203 5.9700 7,247,518.75 252,481.25 7,500,000.00
07/07/99 08/06/99 30 5.2800 19,912,000.00 88,000.00 20,000,000.00
07/08/99 07/09/99 1 5.0800 4,399,379.11 620.89 4,400,000.00
07/09/99 07/19/99 10 5.1900 39,942,333.33 57,666.67 40,000,000.00
07/12/99 07/20/99 8 5.2500 10,987,166.67 12,833.33 11,000,000.00
07/12/99 07/13/99 1 5.2000 2,099,696.67 303.33 2,100,000.00
07/13/99 07/21/99 8 5.2000 11,286,942.22 13,057.78 11,300,000.00
07/15/99 07/22/99 7 5.2700 7,792,007.17 7,992.83 7,800,000.00
07/16/99 01/26/00 194 5.9500 9,679,361.11 320,638.89 10,000,000.00
07/16/99 07/19/99 3 5.1100 39,982,966.67 17,033.33 40,000,000.00
07/16/99 07/20/99 4 5.1500 46,773,220.00 26,780.00 46,800,000.00
07/19/99 07/27/99 8 5.2000 21,165,513.78 24,486.22 21,190,000.00
07/19/99 07/27/99 8 5.2000 3,805,597.33 4,402.67 3,810,000.00
07/19/99 01/26/00 191 5.9500 7,941,141.94 258,858.06 8,200,000.00
07/19/99 01/31/00 196 5.9500 1,741,690.00 58,310.00 1,800,000.00
07/20/99 07/21/99 1 5.1000 24,996,458.33 3,541.67 25,000,000.00
07/20/99 07/29/99 9 5.2000 49,935,000.00 65,000.00 50,000,000.00
07/21/99 08/16/99 26 5.2500 29,886,250.00 113,750.00 30,000,000.00
07/21/99 08/16/99 26 5.2500 1,693,554.17 6,445.83 1,700,000.00
07/26/99 07/28/99 2 5.2500 6,997,958.33 2,041.67 7,000,000.00
07/26/99 07/28/99 2 5.2500 999,708.33 291.67 1,000,000.00
07/27/99 08/03/99 7 5.2700 14,210,423.33 14,576.67 14,225,000.00
07/29/99 08/17/99 19 5.2500 49,861,458.33 138,541.67 50,000,000.00
07/29/99 08/04/99 6 5.2700 3,896,574.50 3,425.50 3,900,000.00
07/30/99 08/09/99 10 5.3000 12,980,861.11 19,138.89 13,000,000.00
08/02/99 08/03/99 1 5.4000 4,999,250.00 750.00 5,000,000.00
08/03/99 02/09/00 190 6.0800 24,197,777.78 802,222.22 25,000,000.00
08/04/99 08/05/99 1 5.1500 9,298,669.58 1,330.42 9,300,000.00
08/05/99 08/10/99 5 5.2000 9,593,066.67 6,933.33 9,600,000.00
08/05/99 08/06/99 1 5.1500 99,985.69 14.31 100,000.00
08/06/99 09/07/99 32 5.4000 18,212,160.00 87,840.00 18,300,000.00
08/06/99 08/09/99 3 5.1200 674,712.00 288.00 675,000.00
08/09/99 08/10/99 1 5.2200 13,997,970.00 2,030.00 14,000,000.00
08/10/99 08/12/99 2 5.2000 14,995,666.67 4,333.33 15,000,000.00
08/12/99 08/13/99 1 5.2000 8,798,728.89 1,271.11 8,800,000.00
08/13/99 08/16/99 3 5.2000 11,894,843.33 5,156.67 11,900,000.00
08/16/99 08/17/99 1 5.4500 35,194,671.11 5,328.89 35,200,000.00
08/16/99 08/17/99 1 5.5000 5,649,136.81 863.19 5,650,000.00
08/19/99 08/23/99 4 5.1500 5,896,623.89 3,376.11 5,900,000.00
08/20/99 08/23/99 3 5.1000 29,987,250.00 12,750.00 30,000,000.00
08/23/99 08/24/99 1 5.2500 19,997,083.33 2,916.67 20,000,000.00
08/24/99 08/26/99 2 5.3900 25,992,214.44 7,785.56 26,000,000.00
08/26/99 08/27/99 1 5.3800 18,997,160.56 2,839.44 19,000,000.00
08/26/99 08/27/99 1 5.3800 1,299,805.72 194.28 1,300,000.00
08/27/99 08/30/99 3 5.4800 19,990,866.67 9,133.33 20,000,000.00
08/27/99 08/30/99 3 5.4800 899,589.00 411.00 900,000.00
08/30/99 09/01/99 2 5.5000 16,494,958.33 5,041.67 16,500,000.00
08/31/99 09/01/99 1 5.6700 31,595,023.00 4,977.00 31,600,000.00
08/31/99 09/01/99 1 5.7500 3,599,425.00 575.00 3,600,000.00
09/02/99 09/08/99 6 5.4700 5,994,530.00 5,470.00 6,000,000.00
09/02/99 09/08/99 6 5.4700 1,123,974.37 1,025.63 1,125,000.00
09/07/99 09/13/99 6 5.4800 12,988,126.67 11,873.33 13,000,000.00
09/07/99 09/08/99 1 5.5500 1,299,799.58 200.42 1,300,000.00
09/10/99 09/14/99 4 5.3600 29,982,133.33 17,866.67 30,000,000.00
09/13/99 09/16/99 3 5.4400 10,995,013.33 4,986.67 11,000,000.00
09/14/99 09/17/99 3 5.4100 22,989,630.83 10,369.17 23,000,000.00
09/14/99 09/15/99 1 5.3900 2,924,562.06 437.94 2,925,000.00
09/15/99 09/17/99 2 5.5000 29,990,833.33 9,166.67 30,000,000.00
09/20/99 09/21/99 1 5.3800 19,997,011.11 2,988.89 20,000,000.00
09/27/99 09/28/99 1 5.4000 1,999,700.00 300.00 2,000,000.00
09/28/99 09/29/99 1 5.5000 3,524,461.46 538.54 3,525,000.00
09/30/99 12/16/99 77 5.6200 5,201,711.77 63,288.23 5,265,000.00
09/30/99 10/04/99 4 5.7300 33,303,783.08 21,216.92 33,325,000.00
---------------- ---------------- ----------------
CP TOTAL 1,056,583,116.41 2,781,883.59 1,059,365,000.00
---------------- ---------------- ----------------
OHIO POWER COMPANY TOTAL 1,102,683,116.41 2,799,409.14 1,105,482,525.55
================ ================ ================
AVERAGE NUMBER OF DAYS 19.61
WEIGHTED AVERAGE RATE 5.3609
</TABLE>
<PAGE>
<TABLE>
1CMGR4760 AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
<CAPTION>
QUARTERLY SHORT TERM DEBT REPORT
WHEELING POWER COMPANY
QUARTER ENDED 09/30/99
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST MATURITY VALUE
---------- -------- -------- ---- -------- ---------------- ---------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
BL 07/02/99 07/08/99 6 5.3123 1,825,000.00 1,615.82 1,826,615.82
07/08/99 07/09/99 1 5.1556 1,550,000.00 221.98 1,550,221.98
07/09/99 07/15/99 6 5.2490 1,325,000.00 1,159.15 1,326,159.15
07/27/99 07/30/99 3 5.3700 1,650,000.00 738.38 1,650,738.38
07/30/99 08/06/99 7 5.4600 1,525,000.00 1,619.04 1,526,619.04
08/02/99 08/11/99 9 5.4700 100,000.00 136.75 100,136.75
08/06/99 08/11/99 5 5.3500 1,350,000.00 1,003.13 1,351,003.13
08/11/99 08/13/99 2 5.3700 650,000.00 193.92 650,193.92
08/13/99 08/18/99 5 5.4000 325,000.00 243.75 325,243.75
08/26/99 08/31/99 5 5.9300 1,300,000.00 1,070.69 1,301,070.69
08/31/99 09/14/99 14 5.7641 1,700,000.00 3,810.71 1,703,810.71
09/15/99 09/17/99 2 5.8500 100,000.00 32.50 100,032.50
09/24/99 09/29/99 5 5.7200 2,900,000.00 2,303.89 2,902,303.89
09/29/99 10/05/99 6 5.9100 2,500,000.00 2,462.50 2,502,462.50
09/30/99 10/08/99 8 5.8275 1,600,000.00 2,072.00 1,602,072.00
---------------- ---------------- ----------------
BL TOTAL 20,400,000.00 18,684.21 20,418,684.21
---------------- ---------------- ----------------
WHEELING POWER COMPANY TOTAL 20,400,000.00 18,684.21 20,418,684.21
================ ================ ================
AVERAGE NUMBER OF DAYS 5.60
WEIGHTED AVERAGE RATE 5.5698
</TABLE>
