<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. 17
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. 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, and Wheeling Power Company made short-term note borrowings
from banks during the calendar quarter ended March 31, 2000; American
Electric Power Company, Inc., Appalachian Power Company, Columbus
Southern Power Company, Indiana Michigan Power Company and Ohio 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 March 31, 2000.
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: June 28, 2000
<PAGE>
EXHIBIT A
AMERICAN ELECTRIC POWER SYSTEM
Schedule of Monthly Prime Rates
First Quarter of the Calendar Year 2000
Month Actual Prime Rates*
Jan 1 - Feb 2 8.50%
Feb 3 - Mar 21 8.75%
Mar 22 - Mar 31 9.00%
* Represents the prime commercial lending rates of major New York City
banks as reported in The Wall Street Journal.
<PAGE>
<TABLE>
<CAPTION>
PURCHASED INSTRUMENTS
SEC QUARTERLY REPORTS
REPORT DATES: 01/01/2000 - 03/31/2000
AMERICAN ELECTRIC POWER COMPANY, INC.
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
BL 02/11/2000 02/15/2000 6.25 $400,000.00
CP 03/27/2000 04/27/2000 6.25 $30,200,000.00
CP 02/29/2000 03/24/2000 6 $4,525,000.00
CP 01/31/2000 02/15/2000 5.95 $3,900,000.00
CP 02/15/2000 03/10/2000 6 $5,200,000.00
CP 03/28/2000 04/17/2000 6.3 $3,900,000.00
CP 03/14/2000 03/15/2000 5.93 $48,400,000.00
CP 01/18/2000 02/25/2000 5.87 $43,000,000.00
CP 01/04/2000 01/10/2000 5.65 $300,000.00
CP 03/24/2000 03/27/2000 6.05 $28,500,000.00
CP 02/16/2000 03/10/2000 6 $100,000.00
CP 03/31/2000 04/27/2000 6.3 $25,225,000.00
CP 01/20/2000 01/28/2000 5.65 $7,100,000.00
CP 03/15/2000 03/31/2000 6.07 $23,400,000.00
CP 03/15/2000 03/24/2000 6.07 $30,000,000.00
CP 02/16/2000 03/10/2000 6 $7,200,000.00
CP 01/10/2000 03/10/2000 5.95 $1,900,000.00
CP 03/01/2000 03/15/2000 5.97 $4,000,000.00
CP 03/29/2000 04/13/2000 6.33 $2,100,000.00
CP 01/28/2000 02/16/2000 5.88 $7,125,000.00
CP 02/25/2000 03/14/2000 5.99 $45,200,000.00
CP 02/17/2000 02/29/2000 5.92 $4,500,000.00
CP 01/12/2000 03/10/2000 5.97 $1,500,000.00
BL 02/08/2000 02/15/2000 6.24 $300,000.00
BL 02/28/2000 03/14/2000 6.24 $100,000.00
BL 02/07/2000 02/15/2000 6.18 $500,000.00
BL 01/14/2000 01/18/2000 5.96 $200,000.00
BL 03/30/2000 04/13/2000 6.79 $450,000.00
Average 6.06
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
AEP GENERATING COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
BL 03/10/2000 03/27/2000 6.68 $4,300,000
BL 03/27/2000 04/13/2000 6.88 $4,425,000.00
BL 02/29/2000 03/27/2000 6.66 $10,000,000.00
BL 03/01/2000 03/27/2000 6.65 $2,100,000.00
BL 03/31/2000 04/24/2000 6.91 $1,750,000.00
BL 02/14/2000 02/22/2000 6.62 $5,000,000.00
BL 01/14/2000 01/20/2000 6.13 $2,800,000.00
BL 01/20/2000 01/24/2000 5.97 $3,800,000.00
BL 01/18/2000 01/24/2000 6.41 $10,500,000.00
BL 02/25/2000 03/15/2000 6.24 $225,000.00
BL 01/19/2000 01/20/2000 6.02 $2,900,000.00
BL 02/16/2000 02/22/2000 6.18 $11,100,000.00
BL 03/28/2000 04/24/2000 6.49 $725,000.00
BL 02/18/2000 02/22/2000 6.15 $825,000.00
BL 02/08/2000 02/22/2000 6.24 $650,000.00
BL 01/25/2000 02/16/2000 6.18 $11,000,000.00
BL 01/26/2000 02/22/2000 6.18 $1,125,000.00
BL 03/20/2000 03/23/2000 6.24 $1,000,000.00
BL 02/01/2000 02/22/2000 6.3 $550,000.00
BL 03/15/2000 03/27/2000 6.37 $2,325,000.00
BL 03/14/2000 03/27/2000 6.37 $950,000.00
BL 02/28/2000 03/15/2000 6.24 $900,000.00
BL 03/08/2000 03/27/2000 6.37 $350,000.00
BL 01/07/2000 01/24/2000 6.1 $500,000.00
BL 03/21/2000 03/23/2000 6.65 $1,500,000.00
BL 01/03/2000 01/19/2000 6.16 $2,900,000.00
BL 03/30/2000 04/24/2000 6.71 $150,000.00
BL 02/10/2000 02/22/2000 6.38 $1,400,000.00
Average 6.37
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
APPALACHIAN POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
CP 03/01/2000 03/13/2000 5.98 $32,253,000.00
CP 02/18/2000 02/24/2000 5.85 $24,500,000.00
CP 02/16/2000 02/23/2000 5.9 $5,000,000.00
CP 03/02/2000 03/14/2000 5.98 $25,000,000.00
CP 03/01/2000 03/16/2000 5.98 $22,747,000.00
CP 02/17/2000 02/23/2000 5.85 $12,000,000.00
CP 02/10/2000 02/14/2000 5.87 $2,350,000.00
CP 02/16/2000 02/17/2000 5.8 $15,000,000.00
CP 02/22/2000 02/25/2000 5.9 $26,000,000.00
CP 03/07/2000 03/24/2000 5.95 $5,500,000.00
CP 03/01/2000 03/08/2000 5.95 $5,600,000.00
CP 03/06/2000 03/21/2000 5.95 $14,650,000.00
CP 02/29/2000 03/07/2000 6.02 $12,550,000.00
CP 03/03/2000 03/17/2000 5.95 $13,725,000.00
CP 03/02/2000 03/03/2000 5.85 $11,400,000.00
CP 03/17/2000 03/28/2000 6.08 $7,500,000.00
CP 03/29/2000 04/14/2000 6.33 $23,000,000.00
CP 03/30/2000 04/18/2000 6.33 $20,000,000.00
CP 03/27/2000 04/11/2000 6.27 $25,000,000.00
CP 02/04/2000 02/08/2000 5.77 $15,200,000.00
CP 02/04/2000 02/07/2000 5.77 $4,400,000.00
CP 03/14/2000 04/04/2000 6.13 $15,000,000.00
CP 01/04/2000 01/05/2000 5.55 $6,400,000.00
CP 03/24/2000 04/07/2000 6.18 $5,500,000.00
CP 02/24/2000 02/29/2000 5.91 $16,350,000.00
CP 03/28/2000 04/12/2000 6.28 $3,725,000.00
CP 01/26/2000 01/27/2000 5.55 $5,500,000.00
CP 01/27/2000 01/28/2000 5.7 $2,900,000.00
CP 03/20/2000 03/29/2000 6.12 $25,000,000.00
CP 03/20/2000 03/23/2000 6.1 $25,000,000.00
CP 02/28/2000 03/06/2000 5.98 $2,925,000.00
CP 03/08/2000 03/09/2000 5.85 $2,350,000.00
CP 03/23/2000 03/30/2000 6.13 $23,000,000.00
CP 02/08/2000 02/11/2000 5.83 $6,300,000.00
CP 03/31/2000 04/19/2000 6.35 $7,200,000.00
CP 02/23/2000 02/28/2000 5.93 $4,700,000.00
CP 03/13/2000 04/10/2000 6.13 $29,000,000.00
CP 03/16/2000 03/20/2000 5.9 $19,000,000.00
CP 03/10/2000 03/27/2000 5.98 $31,125,000.00
CP 02/07/2000 02/09/2000 5.9 $3,500,000.00
CP 02/25/2000 03/02/2000 5.91 $28,500,000.00
CP 03/15/2000 03/22/2000 6.1 $4,000,000.00
BL 01/31/2000 02/01/2000 6.34 $650,000.00
BL 01/28/2000 01/31/2000 6.02 $800,000.00
------------
Average 5.98
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMBUS SOUTHERN POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
CP 03/23/2000 04/07/2000 6.1 $3,000,000.00
CP 01/24/2000 01/25/2000 5.65 $15,000,000.00
CP 01/24/2000 01/26/2000 5.65 $18,200,000.00
CP 03/24/2000 03/27/2000 6.05 $11,500,000.00
CP 01/25/2000 01/28/2000 5.65 $8,500,000.00
CP 02/16/2000 02/24/2000 5.9 $2,500,000.00
CP 03/22/2000 04/06/2000 6.15 $1,375,000.00
CP 03/29/2000 03/30/2000 6.15 $5,000,000.00
CP 03/01/2000 03/13/2000 5.9 $700,000.00
CP 02/18/2000 02/28/2000 5.92 $3,500,000.00
CP 02/16/2000 02/24/2000 5.9 $1,075,000.00
CP 03/31/2000 04/11/2000 6.3 $3,500,000.00
CP 02/17/2000 02/25/2000 5.9 $2,000,000.00
CP 03/30/2000 03/31/2000 6.22 $3,000,000.00
CP 01/20/2000 01/24/2000 5.6 $14,000,000.00
CP 03/28/2000 03/29/2000 6.15 $8,000,000.00
CP 01/18/2000 01/19/2000 5.9 $8,000,000.00
CP 01/19/2000 01/20/2000 5.58 $4,300,000.00
CP 01/19/2000 01/21/2000 5.58 $1,300,000.00
CP 03/27/2000 04/10/2000 6.2 $13,600,000.00
CP 03/01/2000 03/13/2000 5.9 $15,000,000.00
CP 03/08/2000 03/14/2000 5.9 $1,100,000.00
CP 03/13/2000 03/17/2000 5.95 $13,000,000.00
CP 02/28/2000 03/07/2000 5.9 $1,025,000.00
CP 02/24/2000 03/02/2000 5.9 $4,500,000.00
CP 02/01/2000 02/11/2000 6 $5,000,000.00
CP 03/14/2000 03/27/2000 6 $5,000,000.00
CP 03/06/2000 03/14/2000 5.9 $1,725,000.00
CP 02/10/2000 02/15/2000 5.87 $2,800,000.00
CP 02/11/2000 02/18/2000 5.85 $4,500,000.00
CP 02/04/2000 02/14/2000 5.87 $5,350,000.00
CP 02/09/2000 02/16/2000 5.95 $3,325,000.00
CP 03/10/2000 03/21/2000 5.9 $21,000,000.00
CP 02/09/2000 02/10/2000 5.9 $7,200,000.00
CP 03/09/2000 03/16/2000 5.9 $1,000,000.00
CP 03/08/2000 03/14/2000 5.9 $6,000,000.00
CP 02/22/2000 02/29/2000 5.9 $13,000,000.00
CP 02/29/2000 03/09/2000 5.92 $4,500,000.00
CP 02/15/2000 02/16/2000 6.05 $2,000,000.00
CP 03/21/2000 04/04/2000 6.15 $18,000,000.00
CP 01/26/2000 01/31/2000 5.65 $16,000,000.00
CP 03/20/2000 03/28/2000 6.05 $13,000,000.00
CP 03/15/2000 03/22/2000 6 $8,000,000.00
CP 02/29/2000 03/08/2000 5.92 $8,000,000.00
CP 02/14/2000 02/23/2000 5.9 $4,000,000.00
CP 01/28/2000 02/02/2000 5.7 $1,850,000.00
CP 03/22/2000 03/23/2000 5.98 $7,000,000.00
CP 03/17/2000 03/24/2000 5.98 $13,500,000.00
CP 01/31/2000 02/09/2000 5.95 $15,000,000.00
BL 03/02/2000 03/03/2000 6.21 $800,000.00
Average 5.93
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INDIANA MICHIGAN POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
CP 02/25/2000 03/28/2000 6.05 $1,500,000.00
CP 02/28/2000 03/27/2000 6.05 $3,500,000.00
CP 02/29/2000 03/16/2000 6 $10,000,000.00
CP 02/25/2000 03/20/2000 6.05 $6,000,000.00
CP 03/21/2000 04/19/2000 6.21 $20,000,000.00
CP 03/14/2000 03/15/2000 5.93 $5,532,000.00
CP 03/14/2000 04/03/2000 6.15 $14,468,000.00
CP 03/15/2000 03/22/2000 6.03 $26,000,000.00
CP 03/15/2000 03/23/2000 6.03 $29,000,000.00
CP 03/16/2000 03/17/2000 5.88 $27,500,000.00
CP 03/17/2000 03/20/2000 5.88 $39,000,000.00
CP 03/20/2000 03/21/2000 6.02 $25,000,000.00
CP 03/20/2000 04/18/2000 6.2 $50,000,000.00
CP 03/20/2000 04/18/2000 6.2 $5,000,000.00
CP 03/13/2000 04/12/2000 6.15 $7,000,000.00
CP 03/22/2000 03/31/2000 6.1 $30,000,000.00
CP 03/23/2000 04/24/2000 6.22 $43,900,000.00
CP 03/24/2000 04/25/2000 6.25 $11,000,000.00
CP 03/27/2000 03/30/2000 6.17 $10,000,000.00
CP 03/27/2000 03/30/2000 6.17 $2,150,000.00
CP 03/28/2000 04/04/2000 6.35 $10,000,000.00
CP 03/29/2000 04/27/2000 6.28 $35,000,000.00
CP 03/29/2000 04/24/2000 6.28 $2,900,000.00
CP 03/30/2000 04/05/2000 6.4 $1,825,000.00
CP 03/31/2000 04/28/2000 6.32 $37,000,000.00
CP 03/01/2000 03/02/2000 5.95 $50,000,000.00
CP 03/03/2000 03/16/2000 6 $18,300,000.00
CP 03/01/2000 03/02/2000 5.95 $2,700,000.00
CP 02/28/2000 03/06/2000 6.03 $2,500,000.00
CP 03/02/2000 03/20/2000 6.02 $48,000,000.00
CP 03/02/2000 03/15/2000 6.02 $3,000,000.00
CP 03/02/2000 04/10/2000 6.07 $40,560,000.00
CP 03/02/2000 04/12/2000 6.07 $5,475,000.00
CP 03/02/2000 04/12/2000 6.07 $3,965,000.00
CP 03/02/2000 03/15/2000 6.02 $5,000,000.00
CP 03/03/2000 04/11/2000 6.08 $9,300,000.00
CP 03/13/2000 04/12/2000 6.14 $1,000,000.00
CP 03/06/2000 03/17/2000 5.92 $7,500,000.00
CP 03/07/2000 03/21/2000 5.98 $3,000,000.00
CP 03/08/2000 03/09/2000 5.87 $37,500,000.00
CP 03/09/2000 03/10/2000 5.9 $34,000,000.00
CP 03/10/2000 04/13/2000 6.12 $17,000,000.00
CP 03/10/2000 03/28/2000 6 $10,000,000.00
CP 03/10/2000 03/28/2000 6 $1,500,000.00
CP 03/10/2000 04/10/2000 6.15 $8,000,000.00
CP 03/10/2000 04/07/2000 6.15 $25,000,000.00
CP 03/13/2000 03/14/2000 5.92 $16,500,000.00
CP 02/18/2000 02/29/2000 5.89 $1,000,000.00
CP 02/07/2000 03/08/2000 6.02 $15,000,000.00
CP 02/08/2000 02/09/2000 5.82 $1,500,000.00
CP 02/08/2000 03/15/2000 6.02 $10,000,000.00
CP 02/07/2000 02/16/2000 5.99 $5,097,000.00
CP 02/07/2000 02/28/2000 6.02 $6,254,000.00
CP 02/07/2000 03/08/2000 6.02 $1,000,000.00
CP 01/12/2000 02/09/2000 5.85 $7,500,000.00
CP 02/07/2000 03/08/2000 6.04 $10,000,000.00
CP 02/07/2000 02/14/2000 5.99 $7,649,000.00
CP 01/14/2000 02/16/2000 5.87 $23,700,000.00
CP 02/04/2000 03/03/2000 6.02 $26,600,000.00
CP 02/03/2000 02/23/2000 5.98 $12,500,000.00
CP 02/02/2000 02/22/2000 6.02 $1,230,000.00
CP 01/05/2000 02/04/2000 5.88 $16,500,000.00
CP 02/14/2000 03/15/2000 6.02 $21,000,000.00
CP 02/14/2000 03/15/2000 6.02 $12,700,000.00
CP 02/14/2000 03/13/2000 6.02 $6,235,000.00
CP 02/14/2000 02/15/2000 5.95 $11,065,000.00
CP 01/07/2000 02/08/2000 5.83 $12,000,000.00
CP 01/05/2000 02/04/2000 5.88 $4,000,000.00
CP 02/11/2000 03/08/2000 6.02 $6,000,000.00
CP 02/10/2000 03/22/2000 6.05 $4,725,000.00
CP 02/09/2000 02/11/2000 5.87 $7,425,000.00
CP 01/07/2000 02/08/2000 5.83 $3,000,000.00
CP 02/15/2000 03/06/2000 6 $2,010,000.00
CP 01/25/2000 02/02/2000 5.65 $5,000,000.00
CP 01/19/2000 03/07/2000 5.95 $9,000,000.00
CP 01/28/2000 03/15/2000 6.02 $7,000,000.00
CP 01/20/2000 02/18/2000 5.88 $40,000,000.00
CP 01/27/2000 02/22/2000 5.92 $9,500,000.00
CP 01/26/2000 02/25/2000 5.9 $6,200,000.00
CP 01/31/2000 02/01/2000 6.1 $50,000,000.00
CP 01/21/2000 02/22/2000 5.85 $5,000,000.00
CP 01/25/2000 02/02/2000 5.68 $2,250,000.00
CP 01/24/2000 02/23/2000 5.88 $1,250,000.00
CP 01/21/2000 02/22/2000 5.85 $7,400,000.00
CP 01/04/2000 01/11/2000 5.65 $3,700,000.00
CP 02/02/2000 02/08/2000 6.02 $3,970,000.00
CP 02/01/2000 03/08/2000 6.05 $2,225,000.00
CP 02/02/2000 02/03/2000 6 $11,000,000.00
CP 02/01/2000 02/07/2000 6.02 $41,355,000.00
CP 02/01/2000 02/02/2000 5.95 $8,200,000.00
CP 02/01/2000 03/14/2000 6.05 $14,000,000.00
CP 01/31/2000 02/01/2000 6.1 $7,000,000.00
CP 02/01/2000 02/14/2000 6.02 $10,200,000.00
CP 02/01/2000 02/10/2000 6.02 $5,220,000.00
CP 02/25/2000 03/02/2000 6 $5,050,000.00
CP 01/18/2000 01/20/2000 5.85 $30,000,000.00
CP 01/31/2000 02/01/2000 6.1 $8,000,000.00
CP 01/03/2000 01/04/2000 5.8 $2,900,000.00
CP 01/06/2000 01/19/2000 5.7 $1,400,000.00
CP 02/22/2000 02/29/2000 5.95 $12,500,000.00
CP 02/22/2000 03/29/2000 6.03 $38,000,000.00
CP 02/16/2000 03/08/2000 6 $6,270,000.00
CP 02/23/2000 02/24/2000 5.9 $47,000,000.00
CP 01/10/2000 02/14/2000 5.92 $12,000,000.00
CP 02/17/2000 02/18/2000 5.8 $19,000,000.00
CP 02/24/2000 03/15/2000 6.05 $3,800,000.00
CP 02/18/2000 02/22/2000 5.82 $50,000,000.00
CP 01/11/2000 01/19/2000 5.88 $4,500,000.00
CP 02/24/2000 03/02/2000 6.03 $43,200,000.00
CP 01/11/2000 01/19/2000 5.88 $14,500,000.00
CP 01/10/2000 02/14/2000 5.92 $2,000,000.00
CP 02/23/2000 03/02/2000 5.98 $2,000,000.00
CP 02/23/2000 03/02/2000 5.98 $6,000,000.00
CP 02/18/2000 02/22/2000 5.82 $11,075,000.00
CP 02/23/2000 03/24/2000 6.03 $3,000,000.00
CP 02/16/2000 02/17/2000 5.8 $21,730,000.00
CP 02/18/2000 03/13/2000 6 $3,925,000.00
CP 02/15/2000 03/13/2000 6.03 $15,490,000.00
CP 01/10/2000 02/15/2000 5.92 $17,000,000.00
BL 01/14/2000 01/18/2000 6.35 $8,400,000.00
Average 6
KINGSPORT POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
BL 02/16/2000 02/28/2000 6.35 $2,200,000.00
BL 01/26/2000 02/04/2000 6.28 $4,700,000.00
BL 02/08/2000 02/11/2000 6.31 $3,600,000.00
BL 02/04/2000 02/08/2000 6.25 $4,625,000.00
BL 02/11/2000 02/16/2000 6.31 $3,300,000.00
BL 03/27/2000 03/31/2000 6.79 $5,300,000.00
BL 03/31/2000 04/14/2000 6.73 $5,325,000.00
BL 02/18/2000 03/03/2000 6.24 $550,000.00
BL 01/14/2000 01/19/2000 6.05 $1,900,000.00
BL 03/16/2000 03/29/2000 6.49 $400,000.00
BL 01/28/2000 02/09/2000 6.21 $500,000.00
BL 01/13/2000 01/19/2000 6.05 $375,000.00
BL 03/29/2000 04/11/2000 6.56 $1,600,000.00
BL 03/10/2000 03/22/2000 6.24 $500,000.00
BL 02/28/2000 03/09/2000 6.24 $2,000,000.00
BL 01/07/2000 01/12/2000 5.99 $3,025,000.00
BL 01/19/2000 01/21/2000 6.02 $450,000.00
BL 03/17/2000 03/29/2000 6.49 $1,250,000.00
BL 03/15/2000 03/24/2000 6.3 $3,000,000.00
BL 03/07/2000 03/15/2000 6.24 $3,800,000.00
BL 02/24/2000 03/07/2000 6.24 $4,700,000.00
BL 02/25/2000 02/29/2000 6.15 $100,000.00
BL 01/24/2000 01/28/2000 6.02 $175,000.00
BL 03/03/2000 03/14/2000 6.24 $100,000.00
BL 01/21/2000 01/28/2000 6.05 $525,000.00
BL 03/09/2000 03/17/2000 6.24 $1,500,000.00
BL 02/14/2000 02/18/2000 6.27 $300,000.00
BL 03/24/2000 04/07/2000 6.49 $2,200,000.00
BL 02/09/2000 02/14/2000 6.24 $375,000.00
BL 01/12/2000 01/14/2000 6.08 $2,000,000.00
BL 03/28/2000 04/05/2000 6.74 $150,000.00
BL 03/30/2000 04/05/2000 6.85 $325,000.00
BL 03/22/2000 03/30/2000 6.66 $400,000.00
Average 6.32
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
KENTUCKY POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
CP 03/24/2000 04/18/2000 6.25 $3,800,000.00
CP 01/26/2000 01/31/2000 5.7 $3,500,000.00
CP 02/23/2000 03/24/2000 6 $3,800,000.00
CP 03/23/2000 03/30/2000 6.15 $5,725,000.00
CP 01/21/2000 02/11/2000 5.85 $4,500,000.00
CP 01/19/2000 01/21/2000 5.63 $1,800,000.00
CP 03/23/2000 04/06/2000 6.15 $1,200,000.00
CP 03/24/2000 04/18/2000 6.25 $525,000.00
CP 01/26/2000 01/31/2000 5.7 $725,000.00
CP 01/04/2000 01/05/2000 5.65 $1,000,000.00
CP 01/20/2000 01/28/2000 5.7 $5,850,000.00
CP 03/16/2000 04/13/2000 6.17 $2,200,000.00
CP 01/18/2000 02/08/2000 5.85 $6,500,000.00
CP 01/24/2000 01/25/2000 5.67 $5,500,000.00
CP 03/15/2000 03/23/2000 6.07 $1,050,000.00
CP 03/17/2000 04/14/2000 6.17 $5,500,000.00
CP 01/24/2000 01/25/2000 5.67 $150,000.00
CP 01/28/2000 02/14/2000 5.88 $4,500,000.00
CP 03/31/2000 04/25/2000 6.3 $4,000,000.00
CP 01/25/2000 02/02/2000 5.75 $200,000.00
CP 01/25/2000 02/02/2000 5.75 $6,000,000.00
CP 01/31/2000 02/16/2000 5.95 $5,000,000.00
CP 03/30/2000 04/26/2000 6.25 $5,000,000.00
CP 03/09/2000 03/16/2000 5.95 $3,200,000.00
CP 03/10/2000 04/11/2000 6.1 $8,000,000.00
CP 02/14/2000 03/14/2000 6 $3,000,000.00
CP 02/25/2000 03/17/2000 5.99 $6,500,000.00
CP 02/11/2000 03/08/2000 6 $1,300,000.00
CP 02/11/2000 03/08/2000 6 $4,000,000.00
CP 02/07/2000 03/07/2000 6 $1,225,000.00
CP 02/16/2000 02/29/2000 5.95 $3,300,000.00
CP 02/18/2000 03/09/2000 5.98 $3,000,000.00
CP 02/29/2000 03/28/2000 6 $3,000,000.00
CP 03/08/2000 04/07/2000 6.05 $4,025,000.00
CP 02/08/2000 02/09/2000 5.8 $4,600,000.00
CP 03/03/2000 03/31/2000 6 $3,000,000.00
CP 02/16/2000 02/29/2000 5.95 $325,000.00
CP 03/03/2000 03/31/2000 6 $225,000.00
CP 02/09/2000 03/03/2000 6 $3,300,000.00
CP 02/10/2000 02/17/2000 5.95 $1,550,000.00
CP 01/07/2000 01/19/2000 5.75 $4,500,000.00
CP 01/07/2000 01/19/2000 5.75 $100,000.00
CP 02/14/2000 03/14/2000 6 $150,000.00
CP 01/14/2000 01/21/2000 5.7 $2,500,000.00
CP 02/04/2000 02/25/2000 6 $300,000.00
CP 02/01/2000 02/15/2000 6 $2,500,000.00
CP 02/04/2000 02/25/2000 6 $6,000,000.00
CP 02/22/2000 03/21/2000 6 $2,000,000.00
CP 02/02/2000 02/23/2000 6 $6,000,000.00
CP 03/28/2000 04/19/2000 6.32 $2,000,000.00
CP 03/14/2000 04/04/2000 6.13 $1,350,000.00
BL 01/03/2000 01/04/2000 6.15 $175,000.00
BL 01/05/2000 01/06/2000 5.94 $825,000.00
BL 03/06/2000 03/13/2000 6.42 $450,000.00
BL 01/06/2000 01/12/2000 6.02 $150,000.00
Average 5.97
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OHIO POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
CP 03/30/2000 04/14/2000 6.3 $43,000,000.00
CP 01/10/2000 03/31/2000 6.12 $4,470,000.00
CP 01/05/2000 01/18/2000 5.65 $2,150,000.00
CP 01/07/2000 01/18/2000 5.72 $8,000,000.00
CP 01/05/2000 01/18/2000 5.65 $17,000,000.00
CP 01/11/2000 01/19/2000 5.85 $4,000,000.00
CP 01/05/2000 01/18/2000 5.65 $3,000,000.00
CP 01/11/2000 01/19/2000 5.85 $3,100,000.00
CP 01/20/2000 01/28/2000 5.62 $50,000,000.00
CP 01/14/2000 01/20/2000 5.6 $3,100,000.00
CP 03/27/2000 04/11/2000 6.27 $15,000,000.00
CP 03/31/2000 04/14/2000 6.3 $50,000,000.00
CP 01/18/2000 01/20/2000 5.85 $9,900,000.00
CP 01/18/2000 01/24/2000 5.82 $10,000,000.00
CP 01/18/2000 01/28/2000 5.78 $6,422,000.00
CP 01/10/2000 01/18/2000 5.82 $50,000,000.00
CP 03/28/2000 04/06/2000 6.35 $40,000,000.00
CP 03/13/2000 03/15/2000 5.94 $15,000,000.00
CP 03/20/2000 03/30/2000 6.15 $50,000,000.00
CP 03/31/2000 04/04/2000 6.4 $5,500,000.00
CP 03/24/2000 03/27/2000 6.05 $9,500,000.00
CP 01/18/2000 01/28/2000 5.8 $33,578,000.00
CP 01/18/2000 01/20/2000 5.83 $35,100,000.00
CP 01/13/2000 01/19/2000 5.7 $3,500,000.00
CP 01/10/2000 01/18/2000 5.82 $34,000,000.00
CP 03/31/2000 04/14/2000 6.3 $27,600,000.00
CP 01/06/2000 01/18/2000 5.7 $900,000.00
CP 03/31/2000 05/01/2000 6.27 $4,424,000.00
CP 01/20/2000 01/28/2000 5.62 $25,000,000.00
CP 03/24/2000 04/10/2000 6.23 $5,000,000.00
CP 01/31/2000 02/01/2000 6.1 $35,226,000.00
CP 02/10/2000 02/16/2000 5.87 $1,850,000.00
CP 03/01/2000 03/17/2000 5.98 $14,650,000.00
CP 02/25/2000 03/08/2000 6.02 $5,205,000.00
CP 02/15/2000 02/23/2000 6.02 $18,000,000.00
CP 02/14/2000 02/18/2000 5.92 $40,000,000.00
CP 03/02/2000 03/03/2000 5.85 $1,600,000.00
CP 02/11/2000 02/16/2000 5.79 $24,000,000.00
CP 03/03/2000 03/09/2000 5.9 $7,225,000.00
CP 02/16/2000 02/17/2000 5.8 $40,000,000.00
CP 03/06/2000 03/14/2000 5.9 $10,000,000.00
CP 02/09/2000 02/16/2000 5.91 $22,000,000.00
CP 03/07/2000 03/21/2000 5.95 $24,100,000.00
CP 03/08/2000 03/24/2000 5.96 $8,500,000.00
CP 03/08/2000 03/24/2000 5.96 $2,200,000.00
CP 03/09/2000 03/27/2000 5.97 $6,500,000.00
CP 03/10/2000 04/14/2000 6.1 $29,000,000.00
CP 02/07/2000 02/18/2000 5.98 $2,000,000.00
CP 02/28/2000 03/16/2000 6 $50,000,000.00
CP 02/25/2000 03/06/2000 6.02 $500,000.00
CP 02/25/2000 03/07/2000 6.02 $2,500,000.00
CP 02/25/2000 03/07/2000 6.02 $3,515,000.00
CP 02/25/2000 03/14/2000 6.02 $5,780,000.00
CP 02/24/2000 03/07/2000 5.95 $12,800,000.00
CP 02/24/2000 03/07/2000 5.93 $7,950,000.00
CP 02/17/2000 02/22/2000 5.85 $48,000,000.00
CP 02/28/2000 03/02/2000 5.98 $3,650,000.00
CP 02/22/2000 02/25/2000 5.95 $5,000,000.00
CP 02/22/2000 02/28/2000 5.95 $50,000,000.00
CP 02/18/2000 02/24/2000 5.85 $25,000,000.00
CP 02/29/2000 03/21/2000 6.02 $13,400,000.00
CP 02/29/2000 03/13/2000 6 $7,800,000.00
CP 02/29/2000 03/20/2000 6.02 $26,600,000.00
CP 01/04/2000 01/10/2000 5.65 $9,000,000.00
CP 03/17/2000 03/20/2000 5.88 $31,000,000.00
CP 03/15/2000 03/23/2000 6.01 $23,000,000.00
CP 01/31/2000 02/02/2000 6.01 $25,000,000.00
CP 03/16/2000 04/03/2000 6.1 $6,000,000.00
CP 01/28/2000 01/31/2000 5.75 $39,910,000.00
CP 01/28/2000 01/31/2000 5.75 $50,000,000.00
CP 01/28/2000 02/16/2000 5.82 $1,790,000.00
CP 01/31/2000 02/04/2000 6.01 $1,202,000.00
CP 01/28/2000 02/03/2000 5.78 $18,970,000.00
CP 01/28/2000 02/02/2000 5.78 $1,030,000.00
CP 01/26/2000 01/27/2000 5.6 $1,575,000.00
CP 03/20/2000 03/21/2000 6.05 $25,000,000.00
CP 03/21/2000 03/28/2000 6.15 $42,500,000.00
CP 03/23/2000 04/07/2000 6.2 $15,900,000.00
CP 01/05/2000 01/07/2000 5.57 $9,000,000.00
CP 02/04/2000 02/17/2000 5.92 $4,200,000.00
CP 02/01/2000 02/16/2000 6 $45,000,000.00
CP 02/03/2000 02/15/2000 5.93 $24,000,000.00
CP 03/13/2000 03/15/2000 5.94 $4,000,000.00
CP 02/02/2000 02/03/2000 6 $1,000,000.00
CP 01/31/2000 02/08/2000 6.02 $6,072,000.00
CP 02/02/2000 02/14/2000 6 $29,500,000.00
CP 02/04/2000 02/07/2000 5.77 $13,000,000.00
CP 01/31/2000 02/01/2000 6.1 $10,000,000.00
CP 01/31/2000 02/11/2000 6.03 $20,500,000.00
Average 5.94
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
WHEELING POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=======================================================================
<S> <C> <C> <C> <C>
BL 03/23/2000 03/31/2000 6.64 $2,900,000.00
BL 03/31/2000 04/07/2000 6.78 $2,300,000.00
BL 02/09/2000 02/11/2000 6.21 $1,025,000.00
BL 02/29/2000 03/03/2000 6.34 $1,625,000.00
BL 02/24/2000 02/29/2000 6.24 $2,050,000.00
BL 01/26/2000 01/28/2000 5.96 $2,500,000.00
BL 02/11/2000 02/16/2000 6.24 $750,000.00
BL 02/03/2000 02/09/2000 6.24 $2,300,000.00
BL 01/28/2000 02/03/2000 6.21 $2,250,000.00
BL 03/15/2000 03/17/2000 6.4 $500,000.00
BL 01/10/2000 01/19/2000 6.05 $1,300,000.00
BL 01/07/2000 01/14/2000 5.99 $800,000.00
BL 03/03/2000 03/15/2000 6.24 $1,400,000.00
BL 01/14/2000 01/21/2000 6.05 $250,000.00
BL 03/01/2000 03/14/2000 6.43 $250,000.00
Average 6.27
</TABLE>
