Public Service Company of Oklahoma, a public utility subsidiary of American Electric Power today announced that on December 21, 2009, it will redeem the entire outstanding $150,000,000 principal amount of unsecured 4.85% Senior Notes, Series C, due September 15, 2010.

American Electric Power utility subsidiary AEP Southwestern Electric Power Company (SWEPCO) has signed a letter of intent to purchase the transmission and distribution assets of Valley Electric Membership Corporation (VEMCO).

G.I. Jobs magazine has named American Electric Power one of the nation’s 100 most "military-friendly" employers for the seventh consecutive year.

AEP has set its ongoing earnings guidance range and capital expenditures budget for 2010. AEP will also form a transmission company as part of its strategy to pursue transmission investment opportunities in AEP’s traditional footprint.

Federal and state government officials today joined executives from American Electric Power (NYSE: AEP) and Alstom at AEP’s Mountaineer Plant to formally commission the world’s first project to both capture and store carbon dioxide (CO2) from a coal-fired power plant. The officials hailed the project as a significant milestone in the effort to reduce CO2 emissions from the combustion of fossil fuels.