<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. 16
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, 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 December 31, 1999; 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 December 31, 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: January 17, 2000
<PAGE>
EXHIBIT A
AMERICAN ELECTRIC POWER SYSTEM
Schedule of Monthly Prime Rates
Fourth Quarter of the Calendar Year 1999
Month Actual Prime Rates*
Oct 1 - Nov 16 8.25%
Nov 17 - Dec 31 8.50%
* Represents the prime commercial lending rates of major New York City
banks as reported in The Wall Street Journal.
<PAGE>
<TABLE>
<CAPTION>
AMERICAN ELECTRIC POWER COMPANY, INC.
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=============================================================================
<S> <C> <C> <C> <C>
CP 10/20/1999 10/29/1999 5.5000 15,500,000.00
BL 10/27/1999 11/10/1999 5.6800 100,000.00
CP 10/29/1999 11/10/1999 5.5500 15,500,000.00
CP 11/10/1999 11/19/1999 5.4800 15,600,000.00
CP 11/10/1999 11/19/1999 5.4800 100,000.00
BL 11/17/1999 11/19/1999 5.9559 500,000.00
CP 12/13/1999 02/17/2000 6.4500 1,300,000.00
CP 12/14/1999 02/17/2000 6.4500 3,000,000.00
CP 12/15/1999 01/10/2000 6.8500 1,500,000.00
CP 12/16/1999 01/18/2000 6.8000 2,000,000.00
CP 12/17/1999 01/18/2000 6.9000 1,000,000.00
CP 12/20/1999 12/21/1999 5.7000 30,000,000.00
CP 12/21/1999 12/22/1999 5.7500 39,800,000.00
CP 12/21/1999 01/12/2000 7.2000 1,500,000.00
CP 12/22/1999 12/27/1999 5.8000 39,000,000.00
CP 12/27/1999 01/18/2000 7.0500 39,200,000.00
CP 12/29/1999 01/10/2000 6.2500 500,000.00
Average 6.1674
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
AEP GENERATING COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
=============================================================================
<S> <C> <C> <C> <C>
BL 10/01/1999 10/20/1999 5.8000 200,000.00
BL 10/08/1999 10/20/1999 5.7641 400,000.00
BL 10/12/1999 10/20/1999 5.9800 1,000,000.00
BL 10/15/1999 10/18/1999 5.9100 1,000,000.00
BL 10/19/1999 10/20/1999 5.7900 1,325,000.00
BL 10/20/1999 10/25/1999 5.5900 1,100,000.00
BL 12/07/1999 12/22/1999 6.4300 6,400,000.00
BL 12/07/1999 12/22/1999 6.3300 15,000,000.00
BL 12/15/1999 12/20/1999 6.0176 2,275,000.00
BL 12/16/1999 12/20/1999 5.9600 550,000.00
BL 12/22/1999 01/18/2000 7.4500 10,000,000.00
BL 12/28/1999 01/20/2000 7.2000 3,000,000.00
BL 12/30/1999 01/14/2000 6.4750 1,200,000.00
Average 6.2074
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
APPALACHIAN POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
===============================================================================
<S> <C> <C> <C> <C>
CP 10/01/1999 10/12/1999 5.5700 6,400,000.00
CP 10/04/1999 10/13/1999 5.5300 7,000,000.00
CP 10/05/1999 10/13/1999 5.5300 10,500,000.00
CP 10/06/1999 10/14/1999 5.5300 14,050,000.00
CP 10/08/1999 10/15/1999 5.5000 31,000,000.00
CP 10/12/1999 10/18/1999 5.5000 4,000,000.00
CP 10/13/1999 10/18/1999 5.5000 5,500,000.00
CP 10/14/1999 10/18/1999 5.5300 14,500,000.00
CP 10/15/1999 10/19/1999 5.5500 31,000,000.00
CP 10/18/1999 10/19/1999 5.4800 20,000,000.00
CP 11/01/1999 11/02/1999 5.5500 15,000,000.00
CP 11/02/1999 11/04/1999 5.4300 10,800,000.00
CP 11/04/1999 11/08/1999 5.5000 11,000,000.00
CP 11/04/1999 11/09/1999 5.5000 1,100,000.00
CP 11/04/1999 11/05/1999 5.4300 10,000,000.00
CP 11/05/1999 11/10/1999 5.4500 8,300,000.00
CP 11/08/1999 11/09/1999 5.3500 8,000,000.00
CP 11/09/1999 11/12/1999 5.3800 5,000,000.00
CP 11/10/1999 11/16/1999 5.4800 5,900,000.00
CP 11/12/1999 11/16/1999 5.5300 3,500,000.00
CP 12/01/1999 12/08/1999 5.9000 25,000,000.00
CP 12/01/1999 12/03/1999 5.8700 10,000,000.00
CP 12/03/1999 12/07/1999 5.7300 9,700,000.00
CP 12/06/1999 12/08/1999 5.7000 13,000,000.00
CP 12/07/1999 12/08/1999 5.6800 4,550,000.00
CP 12/08/1999 12/16/1999 5.6800 20,000,000.00
CP 12/08/1999 12/13/1999 5.6500 19,450,000.00
CP 12/10/1999 02/18/2000 6.5300 300,000.00
CP 12/10/1999 01/26/2000 6.6000 2,500,000.00
CP 12/10/1999 02/18/2000 6.5300 13,160,000.00
CP 12/10/1999 02/16/2000 6.5300 7,840,000.00
CP 12/13/1999 02/18/2000 6.5800 15,000,000.00
CP 12/13/1999 01/19/2000 6.6500 2,645,000.00
CP 12/13/1999 02/16/2000 6.5800 22,355,000.00
CP 12/15/1999 12/17/1999 5.6700 500,000.00
CP 12/15/1999 12/17/1999 5.6700 8,000,000.00
CP 12/16/1999 12/20/1999 5.6900 600,000.00
CP 12/16/1999 12/20/1999 5.6900 15,000,000.00
CP 12/17/1999 12/20/1999 5.6500 8,000,000.00
CP 12/17/1999 12/20/1999 5.6500 550,000.00
Average 5.7513
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLUMBUS SOUTHERN POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
===============================================================================
<S> <C> <C> <C> <C>
CP 10/01/1999 10/06/1999 5.5000 6,500,000.00
CP 10/04/1999 10/07/1999 5.5000 6,000,000.00
CP 10/15/1999 10/18/1999 5.4500 3,000,000.00
CP 10/18/1999 10/19/1999 5.4500 2,500,000.00
CP 11/01/1999 11/02/1999 5.5000 7,550,000.00
CP 11/02/1999 11/04/1999 5.4300 5,000,000.00
CP 11/04/1999 11/08/1999 5.3500 3,000,000.00
CP 12/06/1999 12/07/1999 5.6000 4,550,000.00
CP 12/10/1999 12/14/1999 5.6000 3,000,000.00
CP 12/13/1999 12/14/1999 5.7000 12,000,000.00
CP 12/14/1999 12/17/1999 5.7200 8,000,000.00
CP 12/15/1999 12/21/1999 5.7000 32,500,000.00
CP 12/17/1999 12/27/1999 5.6300 5,000,000.00
CP 12/21/1999 12/22/1999 5.7500 17,000,000.00
CP 12/21/1999 12/28/1999 5.8000 10,000,000.00
CP 12/22/1999 12/27/1999 5.8000 15,000,000.00
CP 12/27/1999 01/18/2000 7.0000 19,000,000.00
CP 12/28/1999 01/14/2000 7.1000 2,000,000.00
CP 12/28/1999 12/29/1999 5.5000 3,500,000.00
CP 12/30/1999 01/07/2000 5.7500 4,000,000.00
Average 5.7415
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INDIANA MICHIGAN POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
===============================================================================
<S> <C> <C> <C> <C>
CP 10/01/1999 10/08/1999 5.5700 5,000,000.00
CP 10/04/1999 10/14/1999 5.5300 21,000,000.00
CP 10/04/1999 10/05/1999 5.5200 44,500,000.00
CP 10/04/1999 10/08/1999 5.5200 25,000,000.00
CP 10/05/1999 10/18/1999 5.5500 500,000.00
CP 10/05/1999 10/18/1999 5.5500 16,875,000.00
CP 10/05/1999 10/13/1999 5.5300 25,000,000.00
CP 10/06/1999 10/19/1999 5.5200 11,900,000.00
CP 10/06/1999 10/07/1999 5.4500 8,100,000.00
CP 10/08/1999 10/18/1999 5.5300 24,500,000.00
CP 10/12/1999 10/20/1999 5.5200 18,000,000.00
CP 10/13/1999 10/20/1999 5.5500 14,200,000.00
CP 10/14/1999 10/22/1999 5.5500 20,000,000.00
CP 10/18/1999 10/26/1999 5.5200 40,000,000.00
CP 10/19/1999 10/27/1999 5.5000 4,300,000.00
CP 10/20/1999 10/28/1999 5.4800 46,511,000.00
CP 10/20/1999 10/22/1999 5.4200 2,389,000.00
CP 10/22/1999 10/28/1999 5.5000 33,500,000.00
CP 10/25/1999 10/26/1999 5.3900 350,000.00
CP 10/25/1999 11/02/1999 5.5300 6,000,000.00
CP 10/26/1999 11/03/1999 5.5200 44,375,000.00
CP 10/27/1999 10/29/1999 5.4900 4,000,000.00
CP 10/28/1999 11/05/1999 5.5500 47,500,000.00
CP 10/28/1999 10/29/1999 5.5300 28,800,000.00
CP 10/29/1999 11/08/1999 5.6000 39,600,000.00
CP 11/01/1999 11/09/1999 5.5400 21,125,000.00
CP 11/02/1999 11/12/1999 5.5500 3,325,000.00
CP 11/02/1999 11/04/1999 5.5000 2,000,000.00
CP 11/03/1999 11/10/1999 5.5200 44,100,000.00
CP 11/04/1999 11/16/1999 5.5500 2,225,000.00
CP 11/05/1999 11/08/1999 5.3500 3,000,000.00
CP 11/05/1999 11/08/1999 5.3500 50,000,000.00
CP 11/05/1999 11/08/1999 5.3500 5,200,000.00
CP 11/08/1999 11/09/1999 5.4000 18,200,000.00
CP 11/08/1999 11/15/1999 5.4800 31,800,000.00
CP 11/08/1999 11/16/1999 5.5000 600,000.00
CP 11/08/1999 11/16/1999 5.5000 50,000,000.00
CP 11/09/1999 11/16/1999 5.5000 1,500,000.00
CP 11/09/1999 11/16/1999 5.5000 32,000,000.00
CP 11/10/1999 11/17/1999 5.4700 46,600,000.00
CP 11/15/1999 11/18/1999 5.7600 7,630,000.00
CP 11/15/1999 11/16/1999 5.9300 12,070,000.00
CP 11/15/1999 11/22/1999 5.7500 5,300,000.00
CP 11/16/1999 11/17/1999 5.6500 50,000,000.00
CP 11/16/1999 11/17/1999 5.6500 46,000,000.00
CP 11/17/1999 11/18/1999 5.6500 20,000,000.00
CP 11/17/1999 11/19/1999 5.6500 8,270,000.00
CP 11/17/1999 11/18/1999 5.6500 25,280,000.00
CP 11/17/1999 11/18/1999 5.6500 50,000,000.00
CP 11/17/1999 11/22/1999 5.6500 36,450,000.00
CP 11/18/1999 11/19/1999 5.6800 50,000,000.00
CP 11/18/1999 11/22/1999 5.6800 50,000,000.00
CP 11/18/1999 11/19/1999 5.6800 2,700,000.00
CP 11/18/1999 11/19/1999 5.6800 12,000,000.00
CP 11/19/1999 11/22/1999 5.6000 16,000,000.00
CP 11/19/1999 11/22/1999 5.6000 50,000,000.00
CP 11/22/1999 12/02/1999 5.7500 6,000,000.00
CP 11/22/1999 11/23/1999 5.7000 50,000,000.00
CP 11/22/1999 11/23/1999 5.7000 12,000,000.00
CP 11/22/1999 11/29/1999 5.7000 40,000,000.00
CP 11/22/1999 11/23/1999 5.7000 5,000,000.00
CP 11/22/1999 11/23/1999 5.7000 50,000,000.00
CP 11/23/1999 11/24/1999 5.6800 12,500,000.00
CP 11/24/1999 11/29/1999 5.9000 28,000,000.00
CP 11/29/1999 12/16/1999 5.8200 30,000,000.00
CP 11/29/1999 11/30/1999 6.0200 22,265,000.00
CP 11/29/1999 12/07/1999 5.8500 13,000,000.00
CP 11/29/1999 12/08/1999 5.8500 6,900,000.00
CP 11/29/1999 12/06/1999 5.8500 4,835,000.00
CP 11/30/1999 12/03/1999 5.8500 4,200,000.00
CP 12/01/1999 12/14/1999 5.7500 6,600,000.00
CP 12/02/1999 12/13/1999 5.7700 3,500,000.00
CP 12/02/1999 12/13/1999 5.7700 2,200,000.00
CP 12/03/1999 12/21/1999 5.7300 2,400,000.00
CP 12/03/1999 12/21/1999 5.7300 3,000,000.00
CP 12/06/1999 12/07/1999 5.7000 725,000.00
CP 12/06/1999 12/15/1999 5.7200 5,000,000.00
CP 12/07/1999 12/15/1999 5.7000 46,900,000.00
CP 12/08/1999 01/14/2000 6.7200 3,170,000.00
CP 12/08/1999 01/12/2000 6.7200 4,030,000.00
CP 12/10/1999 12/13/1999 5.6700 20,743,000.00
CP 12/10/1999 01/18/2000 6.6300 3,945,000.00
CP 12/10/1999 02/11/2000 6.5000 1,012,000.00
CP 12/10/1999 12/13/1999 5.6700 2,500,000.00
CP 12/13/1999 01/10/2000 6.7700 23,000,000.00
CP 12/13/1999 01/12/2000 6.7700 2,000,000.00
CP 12/15/1999 12/17/1999 5.6700 5,000,000.00
CP 12/15/1999 12/17/1999 5.6700 50,000,000.00
CP 12/16/1999 12/17/1999 5.6800 14,045,000.00
CP 12/16/1999 01/14/2000 7.0000 12,455,000.00
CP 12/17/1999 01/10/2000 7.1200 1,010,000.00
CP 12/17/1999 12/20/1999 5.7000 5,500,000.00
CP 12/17/1999 12/20/1999 5.7000 15,140,000.00
CP 12/17/1999 01/11/2000 7.1200 2,350,000.00
CP 12/17/1999 01/31/2000 6.9000 50,000,000.00
CP 12/20/1999 01/10/2000 7.1500 5,110,000.00
CP 12/20/1999 12/21/1999 5.7000 14,890,000.00
CP 12/21/1999 12/22/1999 5.7300 13,925,000.00
CP 12/21/1999 01/18/2000 7.1000 4,075,000.00
CP 12/22/1999 12/27/1999 5.7000 18,000,000.00
CP 12/22/1999 01/12/2000 7.3300 2,000,000.00
CP 12/27/1999 12/28/1999 5.7000 3,500,000.00
CP 12/27/1999 12/28/1999 5.7000 5,000,000.00
CP 12/27/1999 12/28/1999 5.7000 9,380,000.00
CP 12/27/1999 12/28/1999 5.7000 15,000,000.00
CP 12/27/1999 01/11/2000 7.2000 10,620,000.00
CP 12/28/1999 01/11/2000 7.2000 2,855,000.00
CP 12/28/1999 12/29/1999 5.6000 10,135,000.00
CP 12/28/1999 01/14/2000 7.2000 2,010,000.00
CP 12/28/1999 01/12/2000 7.2000 1,640,000.00
CP 12/28/1999 01/14/2000 7.2000 8,360,000.00
CP 12/28/1999 12/29/1999 5.5500 7,000,000.00
CP 12/29/1999 12/30/1999 4.5500 1,345,000.00
CP 12/29/1999 01/14/2000 6.1000 1,575,000.00
CP 12/29/1999 01/11/2000 6.1000 1,425,000.00
CP 12/29/1999 12/30/1999 4.5500 3,580,000.00
CP 12/30/1999 01/06/2000 5.6500 1,590,000.00
CP 12/30/1999 01/05/2000 5.6500 2,230,000.00
CP 12/30/1999 01/07/2000 5.6500 5,325,000.00
CP 12/30/1999 01/07/2000 5.6500 7,735,000.00
CP 12/30/1999 01/05/2000 5.6500 5,120,000.00
Average 5.8186
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
KINGSPORT POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
==========================================================================
<S> <C> <C> <C> <C>
BL 10/29/1999 11/05/1999 5.7958 800,000.00
BL 11/01/1999 11/10/1999 5.7641 150,000.00
BL 11/29/1999 12/03/1999 6.2727 2,425,000.00
BL 12/03/1999 12/08/1999 5.9859 2,000,000.00
BL 12/08/1999 12/14/1999 5.9542 1,000,000.00
BL 12/14/1999 12/17/1999 5.9559 100,000.00
BL 12/15/1999 12/21/1999 6.0176 400,000.00
BL 12/21/1999 12/22/1999 6.0192 100,000.00
BL 12/27/1999 12/29/1999 6.0938 3,850,000.00
BL 12/29/1999 01/07/2000 7.0000 3,850,000.00
BL 12/30/1999 01/10/2000 6.4100 200,000.00
Average 6.1154
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
KENTUCKY POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
==========================================================================
<S> <C> <C> <C> <C>
CP 10/01/1999 10/08/1999 5.5500 4,000,000.00
CP 10/01/1999 10/12/1999 5.5800 1,800,000.00
CP 10/04/1999 10/13/1999 5.5500 14,000,000.00
CP 10/05/1999 10/18/1999 5.5600 23,000,000.00
CP 10/08/1999 10/15/1999 5.5500 4,000,000.00
CP 10/12/1999 10/19/1999 5.5500 2,200,000.00
CP 10/13/1999 10/20/1999 5.5200 9,500,000.00
CP 10/14/1999 10/26/1999 5.5500 1,000,000.00
CP 10/15/1999 10/29/1999 5.5500 3,000,000.00
CP 10/18/1999 10/27/1999 5.5500 23,500,000.00
CP 10/19/1999 10/22/1999 5.4000 1,100,000.00
CP 10/20/1999 10/28/1999 5.5200 9,000,000.00
BL 10/22/1999 10/28/1999 5.6500 925,000.00
CP 10/25/1999 10/28/1999 5.4000 6,500,000.00
CP 10/26/1999 11/02/1999 5.5000 1,700,000.00
CP 10/27/1999 11/02/1999 5.5000 23,300,000.00
CP 10/27/1999 11/02/1999 5.5000 350,000.00
CP 10/28/1999 11/02/1999 5.5500 16,500,000.00
CP 10/29/1999 11/02/1999 5.5500 1,800,000.00
CP 11/01/1999 11/02/1999 5.5500 5,500,000.00
CP 12/01/1999 12/03/1999 5.7500 6,000,000.00
CP 12/01/1999 12/07/1999 5.7500 1,800,000.00
BL 12/02/1999 12/03/1999 6.1450 175,000.00
CP 12/03/1999 12/08/1999 5.6800 400,000.00
CP 12/03/1999 12/08/1999 5.6800 5,500,000.00
CP 12/06/1999 12/10/1999 5.7000 250,000.00
CP 12/06/1999 12/10/1999 5.7000 1,000,000.00
CP 12/07/1999 12/14/1999 5.7000 1,000,000.00
CP 12/07/1999 12/14/1999 5.7000 1,025,000.00
CP 12/08/1999 12/17/1999 5.6800 4,700,000.00
CP 12/10/1999 12/13/1999 5.7000 1,200,000.00
CP 12/15/1999 12/21/1999 5.7000 2,100,000.00
CP 12/21/1999 12/27/1999 5.7000 1,500,000.00
CP 12/21/1999 12/27/1999 5.7000 300,000.00
CP 12/22/1999 12/28/1999 5.7000 6,500,000.00
CP 12/27/1999 01/18/2000 7.0500 2,550,000.00
CP 12/28/1999 12/29/1999 5.5500 2,000,000.00
CP 12/28/1999 01/14/2000 7.1500 4,800,000.00
CP 12/29/1999 12/30/1999 4.5500 1,600,000.00
CP 12/30/1999 01/07/2000 5.8000 3,200,000.00
Average 5.6679
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OHIO POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
==========================================================================
<S> <C> <C> <C> <C>
CP 10/01/1999 10/12/1999 5.5300 3,325,000.00
CP 10/01/1999 10/12/1999 5.5500 10,100,000.00
CP 10/04/1999 10/06/1999 5.5300 7,200,000.00
CP 10/04/1999 10/13/1999 5.5400 25,000,000.00
CP 10/05/1999 10/08/1999 5.5000 4,900,000.00
CP 10/06/1999 10/14/1999 5.4800 5,600,000.00
CP 10/06/1999 10/14/1999 5.4800 4,000,000.00
CP 10/12/1999 10/18/1999 5.5200 15,500,000.00
CP 10/13/1999 10/18/1999 5.5000 1,000,000.00
CP 10/13/1999 10/18/1999 5.5000 15,500,000.00
CP 10/14/1999 10/18/1999 5.4800 5,500,000.00
CP 10/15/1999 10/18/1999 5.4500 20,000,000.00
BL 10/15/1999 10/18/1999 5.9200 2,600,000.00
CP 10/20/1999 10/21/1999 5.3700 20,000,000.00
BL 10/20/1999 10/21/1999 5.7900 10,000,000.00
CP 10/21/1999 10/22/1999 5.3700 30,000,000.00
CP 10/22/1999 10/28/1999 5.4800 27,000,000.00
CP 10/25/1999 10/26/1999 5.3800 13,500,000.00
CP 10/26/1999 11/02/1999 5.5500 1,850,000.00
CP 10/26/1999 10/27/1999 5.3800 6,000,000.00
CP 10/27/1999 10/29/1999 5.4800 12,000,000.00
CP 10/28/1999 10/29/1999 5.5000 15,000,000.00
CP 10/29/1999 11/08/1999 5.6000 1,000,000.00
CP 10/29/1999 11/08/1999 5.6000 16,500,000.00
CP 11/01/1999 11/02/1999 5.5700 4,450,000.00
CP 11/01/1999 11/03/1999 5.5200 17,000,000.00
CP 11/03/1999 11/10/1999 5.5000 14,000,000.00
CP 11/04/1999 11/09/1999 5.5000 12,000,000.00
CP 11/08/1999 11/12/1999 5.4500 2,950,000.00
CP 11/08/1999 11/12/1999 5.4500 12,000,000.00
CP 11/09/1999 11/16/1999 5.4500 13,000,000.00
CP 11/09/1999 11/10/1999 5.4000 1,300,000.00
CP 11/10/1999 11/12/1999 5.3700 1,650,000.00
CP 11/10/1999 11/12/1999 5.3700 10,500,000.00
CP 11/12/1999 11/16/1999 5.5000 28,500,000.00
CP 11/15/1999 11/16/1999 5.9300 6,800,000.00
BL 11/16/1999 11/17/1999 6.1000 7,000,000.00
CP 11/22/1999 11/29/1999 5.6800 15,000,000.00
CP 11/22/1999 11/23/1999 5.7000 8,400,000.00
CP 11/30/1999 12/03/1999 5.8500 23,700,000.00
CP 12/01/1999 12/07/1999 5.7300 4,000,000.00
CP 12/03/1999 12/08/1999 5.6700 21,000,000.00
CP 12/03/1999 12/08/1999 5.6700 2,100,000.00
CP 12/06/1999 12/13/1999 5.7000 7,300,000.00
CP 12/07/1999 12/14/1999 5.7000 2,300,000.00
CP 12/08/1999 12/14/1999 5.6700 22,500,000.00
CP 12/10/1999 12/16/1999 5.7000 20,000,000.00
CP 12/10/1999 12/13/1999 5.7000 20,000,000.00
CP 12/10/1999 12/13/1999 5.7000 1,800,000.00
CP 12/13/1999 12/14/1999 5.7000 1,700,000.00
CP 12/13/1999 12/16/1999 5.7700 14,000,000.00
CP 12/14/1999 12/16/1999 5.6900 29,000,000.00
CP 12/14/1999 12/15/1999 5.6700 1,350,000.00
CP 12/15/1999 12/16/1999 5.6500 40,000,000.00
CP 12/15/1999 12/17/1999 5.6700 7,900,000.00
BL 12/16/1999 01/10/2000 7.1600 5,400,000.00
CP 12/16/1999 12/20/1999 5.6900 30,000,000.00
CP 12/16/1999 12/20/1999 5.6900 50,000,000.00
CP 12/17/1999 12/21/1999 5.7000 14,000,000.00
CP 12/20/1999 12/22/1999 5.7300 40,000,000.00
CP 12/20/1999 12/21/1999 5.7000 20,000,000.00
CP 12/20/1999 12/21/1999 5.7000 50,000,000.00
CP 12/21/1999 12/22/1999 5.7200 25,000,000.00
CP 12/21/1999 12/22/1999 5.7200 37,785,000.00
CP 12/21/1999 01/27/2000 6.8500 1,000,000.00
CP 12/21/1999 01/11/2000 7.1600 6,215,000.00
CP 12/22/1999 12/27/1999 5.7000 24,892,000.00
CP 12/22/1999 01/10/2000 7.3500 50,000,000.00
CP 12/22/1999 01/10/2000 7.3500 17,700,000.00
CP 12/22/1999 01/10/2000 7.3500 193,000.00
CP 12/22/1999 01/12/2000 7.3200 3,215,000.00
CP 12/27/1999 12/28/1999 5.6500 5,820,000.00
CP 12/27/1999 01/18/2000 7.1000 1,910,000.00
CP 12/27/1999 01/18/2000 7.1000 1,500,000.00
CP 12/27/1999 01/19/2000 7.1000 11,770,000.00
CP 12/29/1999 12/30/1999 4.5200 5,410,000.00
CP 12/29/1999 12/30/1999 4.5200 9,090,000.00
CP 12/30/1999 01/14/2000 5.7500 150,000.00
CP 12/30/1999 01/10/2000 5.6500 3,000,000.00
CP 12/30/1999 01/06/2000 6.0500 1,783,000.00
CP 12/30/1999 01/05/2000 5.5500 15,335,000.00
CP 12/30/1999 01/05/2000 5.5500 2,850,000.00
CP 12/30/1999 01/05/2000 5.5500 1,000,000.00
CP 12/30/1999 01/05/2000 5.5500 2,000,000.00
CP 12/30/1999 01/05/2000 5.5500 3,815,000.00
CP 12/30/1999 01/05/2000 6.1000 7,067,000.00
Average 5.7720
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
WHEELING POWER COMPANY
Debt Settlement Maturity Interest Principal
Type Date Date Rate Amount
==========================================================================
<S> <C> <C> <C> <C>
BL 10/05/1999 10/13/1999 5.7700 2,200,000.00
BL 10/08/1999 10/15/1999 5.7324 1,200,000.00
BL 10/13/1999 10/20/1999 5.7200 1,625,000.00
BL 10/15/1999 10/22/1999 5.7641 750,000.00
BL 10/26/1999 10/29/1999 5.7024 3,150,000.00
BL 10/29/1999 11/05/1999 5.7958 2,700,000.00
BL 11/01/1999 11/10/1999 5.7641 525,000.00
BL 11/05/1999 11/10/1999 5.7324 2,400,000.00
BL 11/10/1999 11/19/1999 5.7641 2,350,000.00
BL 11/19/1999 12/03/1999 5.9859 500,000.00
BL 11/24/1999 11/30/1999 5.9400 2,800,000.00
BL 11/30/1999 12/08/1999 6.2900 1,800,000.00
BL 12/03/1999 12/10/1999 5.9859 350,000.00
BL 12/08/1999 12/17/1999 6.0000 1,700,000.00
BL 12/17/1999 01/10/2000 6.8729 1,250,000.00
BL 12/27/1999 12/29/1999 6.0938 2,225,000.00
BL 12/29/1999 01/07/2000 7.0000 1,550,000.00
BL 12/30/1999 01/10/2000 6.4100 200,000.00
Average 6.0180
</TABLE>
