<PAGE>
INDIANA MICHIGAN POWER COMPANY
RIVER TRANSPORTATION DIVISION
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 24039
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2000
CONTENTS
Page
Summary of Billings 1
<PAGE>
<TABLE>
INDIANA MICHIGAN POWER COMPANY
RIVER TRANSPORTATION DIVISION
SUMMARY OF BILLINGS
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2000
<CAPTION>
April 2000 May 2000 June 2000
Tons Fee Amount Tons Fee Amount Tons Fee Amount
(per ton) (000) (per ton) (000) (per ton) (000)
BARGING SERVICE BILLINGS TO AFFILIATES
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Appalachian Power Company and
Ohio Power Company:
Sporn Plant. . . . . . . . . . . . 218,588 $2.45 $535 240,324 $2.18 $524 124,375 $2.20 $274
Amos Plant . . . . . . . . . . . . 77,484 $1.45 113 16,488 $1.33 22 59,215 $1.43 85
Total. . . . . . . . . . . . . . 296,072 $648 256,812 $546 183,590 $359
Appalachian Power Company:
Mountaineer Plant. . . . . . . . . 227,276 $2.16 $490 133,943 $2.51 $336 234,998 $2.31 $542
Kanawha River Plant. . . . . . . . 62,277 $0.90 56 87,669 $0.88 77 96,011 $0.90 87
Total. . . . . . . . . . . . . . 289,553 $546 221,612 $413 331,009 $629
Ohio Valley Electric Company . . . . 57,015 $1.05 $60 87,177 $1.04 $91 63,982 $1.04 $67
Indiana Michigan Power Company:
Tanners Creek. . . . . . . . . . . 169,718 $2.41 $408 195,776 $2.59 $507 194,882 $2.27 $443
Indiana Michigan Power Company
and AEP Generating Company:
Rockport Plant . . . . . . . . . . 855,055 $1.86 $1,588 945,744 $1.85 $1,747 897,095 $1.88 $1,683
Ohio Power Company:
Cardinal Plant (Unit 1). . . . . . 83,750 $0.72 $ 61 106,171 $1.28 $136 28,760 $0.86 $ 25
Gavin Plant. . . . . . . . . . . . 140,994 $1.21 171 206,514 $1.20 247 153,074 $1.36 208
Total. . . . . . . . . . . . . . 224,744 $232 312,685 $383 181,834 $233
BARGING SERVICE BILLINGS
TO UNAFFILIATED COMPANIES:
Buckeye Power Company:
Cardinal Plant (Unit 2 & 3). . . . 96,540 $2.52 $243 58,681 $2.56 $150 112,283 $3.01 $338
Other Coal . . . . . . . . . . . . . 157,263 $2.12 $334 144,952 $2.20 $319 111,541 $2.28 $254
Other. . . . . . . . . . . . . . . . 352,857 $739 410,568 $830 434,605 $888
Note: The above amounts include demurrage charges.
</TABLE>
