UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
- - - - - - - - - - - - - - - - - - -x
:
In the Matter of :
:
ENTERGY CORPORATION : CERTIFICATE PURSUANT
ENTERGY POWER, INC. : TO RULE 24
:
File No. 70-9305 :
:
(Public Utility Holding Company :
Act of 1935) :
- - - - - - - - - - - - - - - - - - -x
This is to certify, pursuant to Rule 24 under the Public
Utility Holding Company Act of 1935, as amended, that the
transactions described below, which were transactions proposed by
Entergy Corporation and Entergy Power, Inc., ("EPI") in their
joint Declaration on Form U-1, as amended, in the above File
("Declaration"), have been carried out in accordance with the
terms and conditions of, and for the purposes represented by,
said Declaration, and pursuant to the Order of the Securities and
Exchange Commission with respect thereto, dated October 9, 1998
(the "Order").<FN1>
In accordance with the Order, on November 30, 1998, EPI sold
to East Texas Electric Cooperative, Inc., for a total purchase
price of $30,000,000, (i) a 7.13% undivided ownership interest in
ISES 2, (ii) a 3.56% undivided ownership interest in the
Certificate, (iii) a 3.56% undivided ownership interest in the
land and common facilities at the Independence Station, (iv) a
3.56% undivided ownership interest in the Wyoming Property, and
(v) a 5.49% undivided ownership interest in certain other mine
equipment. EPI has not at this time made any cash dividend
payments to Entergy out of the net proceeds from the sale of the
ISES 2 Interest to ETEC.
IN WITNESS WHEREOF, the undersigned companies have caused
this certificate to be executed this 20th day of January, 1999.
ENTERGY CORPORATION
By: /s/ Michael G. Thompson
Michael G. Thompson
Senior Vice President,
General Counsel & Secretary
ENTERGY POWER, INC.
By: /s/ Michael G. Thompson
Michael G. Thompson
Vice President and Secretary
_______________________________
<FN1> Capitalized terms used herein and not otherwise defined
have the meanings ascribed thereto in the Declaration.
