SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date earliest event reported) July 2, 1997
Commission Registrant, State of Incorporation, I.R.S. Employer
File Number Address and Telephone Number Identification No.
1-11299 ENTERGY CORPORATION 72-1229752
(a Delaware corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 529-5262
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Item 5. Other Events
The new Labor government in the United Kingdom
announced on July 2, 1997, that a proposed one-time tax
is being levied on London Electricity plc, an indirect
subsidiary of Entergy, and other utilities that have
recently been privatized in the United Kingdom. The
Company's initial examination indicates that London
Electricity's assessment under the Labor government's
formula is in the 140 million BP range. The Company is
currently assessing the cash flow and earnings
implications.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
ENTERGY CORPORATION
By: /s/Louis E. Buck
Louis E. Buck
Vice President and Chief
Accounting Officer
Dated: July 11, 1997
