<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 SEPTEMBER 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 SEPTEMBER 30, 2000
July 2000 August 2000 September 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. . . . . . . . . . . . 117,330 $2.83 $332 286,920 $2.68 $769 225,247 $2.32 $545
Amos Plant . . . . . . . . . . . . 13,425 $1.29 17 - $ - - - $ - -
Total. . . . . . . . . . . . . . 130,755 $349 286,920 $769 225,247 $545
Appalachian Power Company:
Mountaineer Plant. . . . . . . . . 153,390 $2.49 $382 177,980 $2.32 $413 248,084 $2.34 $580
Kanawha River Plant. . . . . . . . 41,510 $0.87 36 73,266 $0.82 60 122,343 $0.73 89
Total. . . . . . . . . . . . . . 194,900 $418 251,246 $473 370,427 $669
Ohio Valley Electric Company . . . . 23,118 $1.07 $ 25 114,066 $1.29 $148 55,565 $1.13 $ 63
Indiana Michigan Power Company:
Tanners Creek. . . . . . . . . . . 217,891 $2.37 $517 254,508 $2.50 $635 187,384 $2.39 $448
Indiana Michigan Power Company
and AEP Generating Company:
Rockport Plant . . . . . . . . . . 770,036 $1.88 $1,448 870,707 $1.94 $1,685 658,422 $1.82 $1,197
Ohio Power Company:
Cardinal Plant (Unit 1). . . . . . 55,777 $1.35 $ 75 119,906 $0.93 $112 58,716 $0.75 $ 44
Gavin Plant. . . . . . . . . . . . 69,076 $1.12 78 55,566 $1.22 68 156,562 $1.17 183
Total. . . . . . . . . . . . . . 124,853 $153 175,472 $180 215,278 $227
BARGING SERVICE BILLINGS
TO UNAFFILIATED COMPANIES:
Buckeye Power Company
Cardinal Plant (Unit 2 & 3) . . . . 122,996 $3.39 $417 114,366 $2.82 $322 82,210 $2.69 $221
Other Coal . . . . . . . . . . . . . 92,635 $2.26 $210 106,155 $2.28 $242 142,222 $2.27 $323
Other. . . . . . . . . . . . . . . . 390,579 $777 468,679 $916 421,221 $814
Note: The above amounts include demurrage charges.
</TABLE>