<PAGE>
UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
______________________________________________
:
In the Matter of :
:
OHIO VALLEY ELECTRIC CORPORATION : CERTIFICATE OF
Piketon, Ohio : NOTIFICATION
: NO. 2
(70-8527) :
:
Public Utility Holding Company Act of 1935 :
______________________________________________:
THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
December 28, 1994, and amended December 12, 1996, made short-term
note borrowings from banks during the calendar quarter ended
September 30, 1997, as summarized in Exhibit A.
This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.
OHIO VALLEY ELECTRIC CORPORATION
By: /s/ John F. Di Lorenzo, Jr.
Assistant Secretary
Dated: October 10, 1997
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<TABLE>
EXHIBIT A
<CAPTION>
SHORT TERM ISSUE MATURITY INTEREST PRINCIPAL MATURITY
DEBT TYPE DATE DATE DAYS RATE % BORROWED INTEREST VALUE
<S> <C> <C> <C> <C>
BL 7/29/97 1/26/98 181 6.40000 $ 5,000,000.00 160,888.89 5,160,888.89
8/11/97 2/11/98 184 6.34375 10,000,000.00 324,236.11 10,324,236.11
8/20/97 2/17/98 181 6.40000 5,000,000.00 160,888.89 5,160,888.89
</TABLE>
