Kentucky Power, an operating unit of American Electric Power, has renewed wholesale power supply agreements with municipal utilities serving the towns of Vanceburg and Olive Hill, Kentucky. Pending approval by the Federal Energy Regulatory Commission (FERC), the 20-year agreements will take effect in January.

American Electric Power today increased its ongoing earnings guidance range for 2005 to between $2.65 and $2.75 per share from the previous range of between $2.55 and $2.65 per share. The increase in guidance is due to continued favorable weather conditions and strong performance in wholesale markets.

American Electric Power, through its Appalachian Power utility subsidiary, today completed its purchase of the 505-megawatt Ceredo Generating Station in West Virginia from a subsidiary of Reliant Energy for approximately $100 million.

American Electric Power has signed 18 multi-year wholesale power supply agreements with municipal utilities in Ohio and Texas. In Ohio, AEP extended wholesale supply agreements with members of the Ohio Municipal Energy Group (OMEG), which includes 16 municipal utilities. In Texas, AEP signed contracts to provide wholesale power to the Cities of Weatherford and Seymour.

American Electric Power submitted data about the emissions performance of its generating units during the 2005 ozone season to the U.S. Environmental Protection Agency (EPA) Nov. 29 indicating that its nitrogen oxides (NOX)-reducing selective catalytic reduction (SCR) equipment is performing better than designed to help improve air quality during the ozone season. AEP submits NOX emission data to the EPA as a participant in the EPA’s NOX Budget Trading Program.

American Electric Power and customer representatives in the AEP zone of PJM Interconnection have reached agreement on a schedule of transmission and ancillary-service rate changes that would update prices to reflect costs of providing service on AEP´s eastern transmission network.

COLUMBUS, Ohio, Nov. 8, 2005 – G.I. Jobs magazine is recognizing American Electric Power as one of the “top 25 most military-friendly employers” for the third consecutive year.

American Electric Power and its operating company Southwestern Electric Power Company (SWEPCO) have signed a twenty-five year wholesale power supply agreement with the Hope Water and Light Commission of Hope, Ark. According to the terms of the contract, SWEPCO will continue to supply power to meet Hope´s electrical load when the current contract between them expires at the end of 2007.

American Electric Power (NYSE: AEP) has scheduled a live webcast of a Nov. 8 presentation by AEP executives at the 40th annual Edison Electric Institute Financial Conference in Hollywood, Fla.

• 2005 third-quarter earnings: GAAP $0.99 per share, ongoing $0.95 per share
• Key factors in performance: increased retail sales, higher margins on off-system sales
• Company increases 2005 ongoing earnings guidance, sets guidance for 2006

Full news release and supplemental tables (PDF: 81KB: get viewer)

Linda A. Goodspeed, executive vice president and chief technology officer for Lennox International Inc., has been elected to American Electric Power´s board of directors, according to Michael G. Morris, AEP´s chairman, president and chief executive officer.

The Board of Directors of American Electric Power Co. today approved an increase in the regular quarterly cash dividend on a share of the company’s common stock to 37 cents a share from the previous 35 cents a share.

American Electric Power has scheduled its quarterly earnings conference call with financial analysts for 10 a.m. EDT Thursday, Oct. 27. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts .

American Electric Power unit Public Service Company of Oklahoma (PSO) has announced it is seeking proposals for new baseload generation to supplement existing power supply resources to effectively meet customers´ power demand requirements. A Request for Proposal (RFP) to add baseload generation has been issued and information about it posted on PSOklahoma.com.

Today, representatives from American Electric Power and General Motors (GM) dedicated a new visitors’ center for environmental education on the Cachoeira River Natural Reserve, located in the state of Parana in Brazil.

Indiana Michigan Power (I&M), an operating company of American Electric Power, has entered into a 20-year agreement with the Indiana Municipal Power Agency (IMPA) to provide 150 megawatts (MW) of wholesale power to the agency to serve its member municipalities of Anderson, Columbia City, Frankton and Richmond, Ind. The agreement, upon approval by the Federal Energy Regulatory Commission (FERC), will take effect Jan. 1, 2006.

American Electric Power (NYSE: AEP) has notified PJM Interconnection (PJM) of its intention to formally retire Units 1 and 2 at the Conesville power plant in Conesville, Ohio, at the end of 2005.

American Electric Power has signed an agreement with GE Energy and Bechtel Corporation to begin the front-end engineering design process for a commercial-scale, Integrated Gasification Combined Cycle (IGCC) clean-coal plant in the 600-megawatt range. This will be the first such engineering and design agreement undertaken for an IGCC plant of this scale.

American Electric Power, through its Columbus Southern Power utility subsidiary, has completed the purchase of the Waterford Energy Center from an affiliate of Public Service Enterprise Group for approximately $220 million. The acquisition will have no material impact on AEP’s earnings.

A live webcast is scheduled of a panel discussion featuring Michael G. Morris, American Electric Power’s chairman, president and chief executive officer, at next week’s Merrill Lynch Global Power and Gas Leaders Conference in New York.

COLUMBUS, Ohio, Sept. 19, 2005 – American Electric Power (NYSE: AEP) and two corporate partners finalized an agreement today to install the first megawatt-class advanced energy storage technology to be used on a U.S. distribution system.

COLUMBUS, Ohio, Sept. 14, 2005 – Debt ratings for American Electric Power (NYSE: AEP) have been upgraded by Moody’s Investors Service.

American Electric Power (NYSE: AEP) continues to supply employees, contractors and equipment to assist in the recovery effort from damages caused by Hurricane Katrina.

American Electric Power (NYSE: AEP) has scheduled a live webcast of a presentation by Susan Tomasky, AEP’s executive vice president and chief financial officer, Sept. 8 at the Lehman Brothers CEO Energy/Power Conference in New York.

BRIDGMAN, Mich., Aug. 30, 2005 – The U.S. Nuclear Regulatory Commission (NRC) today approved the renewal of operating licenses for the two generating units at American Electric Power’s (NYSE:AEP) Cook Nuclear Plant in Bridgman, Mich. The operating license for Cook Unit 1 was renewed until 2034 and for Cook Unit 2 until 2037.

CHARLESTON, W.Va., Aug. 26, 2005 – Appalachian Power and Wheeling Power, both subsidiaries of American Electric Power, today jointly filed with the Public Service Commission of West Virginia for a $183 million revenue increase. The overall 23 percent increase will affect all the company’s customers in West Virginia.

COLUMBUS, Ohio, Aug. 22, 2005 – American Electric Power (NYSE: AEP) has signed a three-year wholesale power supply agreement with the City of Lebanon, Ohio.

COLUMBUS, Ohio, Aug. 11, 2005 – American Electric Power (NYSE: AEP) announced today that its Appalachian Power utility subsidiary has agreed to purchase the Ceredo Generating Station from a subsidiary of Reliant Energy for approximately $100 million.

COLUMBUS, Ohio, Aug. 10, 2005 -- American Electric Power (NYSE: AEP) today announced the company will expand and extend its commitment to voluntarily reduce, avoid or sequester its greenhouse gas emissions through 2010 and will continue its membership in the Chicago Climate Exchange (CCX), the first voluntary, legally binding greenhouse gas emissions reduction and trading program in North America.

A federal judge today ruled in favor of American Electric Power in its suit against Tractebel Energy Marketing Inc. (now known as Suez Energy Marketing N.A.) regarding a contract related to a Louisiana power generating facility completed by AEP in 2004.

COLUMBUS, Ohio, Aug. 2, 2005 -- American Electric Power (NYSE: AEP), through its Columbus Southern Power (CSP) utility subsidiary, has signed an agreement to purchase Monongahela Power Company’s Ohio transmission and distribution operations for approximately $55 million, plus traditional working capital adjustments.

• 2005 second-quarter earnings: GAAP $0.58 per share, ongoing $0.61 per share
• Key factors in performance: increased retail sales, higher margins on off-system sales, lower O&M expenses
• Company reaffirms 2005 ongoing earnings guidance range of $2.30 to $2.50

Full news release and supplemental tables (PDF: 155KB: get viewer)

COLUMBUS, Ohio, July 26, 2005 – The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 35 cents a share on the company’s common stock.

COLUMBUS, Ohio, July 22, 2005 – American Electric Power’s quarterly earnings conference call with financial analysts will be broadcast live over the Internet at 9 a.m. EDT Friday, July 29, at http://www.aep.com/go/webcasts .

COLUMBUS, Ohio, July 22, 2005 – Dennis E. Welch will join American Electric Power (NYSE: AEP) Aug. 1 as senior vice president - environment and safety.

BRIDGMAN, Mich., June 24, 2005 – Former President Jimmy Carter affirmed his optimism for the future of nuclear energy while highlighting the important role it has played in the United States during a visit to American Electric Power´s (NYSE: AEP) Cook Nuclear Plant this morning.

AUSTIN, Texas, June 17, 2005 – The Public Utility Commission of Texas (PUCT) on Thursday approved a settlement in the AEP Texas Central Company (TCC) rate case, which when coupled with earlier decisions in the case, results in a net decrease of $8.8 million in base rates charged to retail electric providers and wholesale transmission customers.

COLUMBUS, Ohio, June 17, 2005 -- American Electric Power (NYSE: AEP) today announced five additional locations where it will invest in advanced equipment to continue to improve the environmental performance of its coal-fired power plants. These projects are part of the company’s previously announced plan to invest at least $3.7 billion in environmental retrofits through 2010.

COLUMBUS, Ohio, June 9, 2005 – American Electric Power (NYSE: AEP) has scheduled a live webcast of a presentation by Michael G. Morris, AEP’s chairman, president and chief executive officer, June 14 at the Deutsche Bank Securities Electric Power Conference in New York.

COLUMBUS, Ohio, June 1, 2005 – American Electric Power (NYSE: AEP) and its remarketing agents, Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc., are giving notice that they expect to remarket on June 13, 2005 AEP’s Senior Notes due Aug. 16, 2007 (CUSIP No. 025537AC5). These notes were originally issued in June 2002 in connection with AEP’s sale of 9.25-percent Equity Units (NYSE: AEP PrA).

COLUMBUS, Ohio, May 27, 2005 – American Electric Power (NYSE: AEP) subsidiary AEP Texas Central Co. (TCC) today submitted the company’s true-up filing to the Public Utility Commission of Texas (PUCT) for a final determination of stranded costs and other true-up amounts as required by the Texas Electric Choice Act of 1999.

COLUMBUS, Ohio, May 27, 2005 – Live webcasts are scheduled of two panel discussions and a technical session featuring executives from American Electric Power (NYSE: AEP) at the Goldman Sachs Power & Utility Conference June 2 in Las Vegas.

COLUMBUS, Ohio, May 27, 2005 – American Electric Power (NYSE: AEP), through its Columbus Southern Power utility subsidiary, has agreed to purchase the Waterford Energy Center from an affiliate of Public Service Enterprise Group (NYSE: PEG) for $220 million.

American Electric Power (NYSE: AEP) subsidiary AEP Texas Central Company (TCC) completed the sale of its 25.2 percent share of the South Texas Project (STP) nuclear plant to STP co-owners Texas Genco LLC and CPS Energy (formerly City Public Service of San Antonio) for approximately $314 million. AEP will use the proceeds from the sale to reduce capitalization at AEP Texas Central Company.

ESSENCE recognizes American Electric Power in its May edition as one of 35 “great places to work” for women and people of color.

COLUMBUS, Ohio, May 4, 2005 – American Electric Power (NYSE: AEP) is being recognized by the U.S. Environmental Protection Agency (EPA) this evening with a 2005 Climate Protection Award for demonstrating ingenuity, leadership and public purpose in its efforts to reduce greenhouse gases.

An initial decision issued today by an administrative law judge of the Securities and Exchange Commission (SEC) will not effect the current structure or operations of American Electric Power (NYSE: AEP), the company said.

Appalachian Power Co., a public utility subsidiary of American Electric Power (NYSE: AEP), today announced that on June 2, 2005, it will redeem the entire outstanding $45,000,000 principal amount of its First Mortgage Bonds, Designated Secured Medium-Term Notes, 8.00% Series due June 1, 2025, at 104% of the principal amount outstanding.

COLUMBUS, Ohio, May 2, 2005 – American Electric Power (NYSE: AEP) and its remarketing agents, Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc., are giving notice that the remarketing of AEP’s 5.75% Senior Notes (CUSIP No. 025537AC5) due Aug. 16, 2007, will be rescheduled to a subsequent remarketing period referenced in the forward-purchase contract agreement. These notes are related to AEP equity units (CUSIP No. 025537200) offered in June 2002.

COLUMBUS, Ohio, April 26, 2005 – The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 35 cents a share on the company’s common stock.

TULSA, Okla., April 26, 2005 – American Electric Power (NYSE: AEP) became a stronger, more focused company in 2004 and has turned its attention to investments in the company’s future, Michael G. Morris, AEP chairman, president and chief executive officer, told shareholders attending the company’s annual meeting today in Tulsa, Okla.

COLUMBUS, Ohio, April 21, 2005 – American Electric Power’s quarterly earnings conference call with financial analysts will be broadcast live over the Internet at 9 a.m. EDT Thursday, April 28, at http://www.aep.com/go/webcasts.

COLUMBUS, Ohio, April 21, 2005 – American Electric Power (NYSE: AEP) today said that it expects first-quarter 2005 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of approximately $0.90 per share and first-quarter 2005 ongoing earnings (earnings excluding special items) of approximately $0.88 per share. First-quarter 2004 GAAP earnings were $0.71 per share and first-quarter 2004 ongoing earnings were $0.73 per share.

American Electric Power will provide a live webcast of its annual meeting of shareholders April 26 beginning at 10:30 a.m. EDT. The meeting will be held in Tulsa, Okla.

COLUMBUS, Ohio, March 23, 2005 - The training programs that American Electric Power (NYSE: AEP) requires of its line employees have been offered to outside organizations for several years. Now, the external outreach is ramping up with the launch of a Web site, www.AEPLineTraining.com.

Columbus Southern Power Company and Ohio Power Company, subsidiaries of American Electric Power (NYSE: AEP) doing business as AEP Ohio, filed an application today with the Public Utilities Commission of Ohio seeking authority to recover costs related to building and operating a new clean-coal technology power plant.

American Electric Power (NYSE: AEP) today announced that on April 15, 2005, it will redeem $550 million of the approximately $946 million currently outstanding principal amount of its 6.125% Senior Notes, Series A, due May 15, 2006.

COLUMBUS, Ohio, March 9, 2005 - American Electric Power (NYSE: AEP) has repurchased 12.5 million shares of its common stock in an accelerated share repurchase transaction with Merrill Lynch. The initial price paid per share was $34.63, with the $433 million for the repurchase funded from available cash on hand.

The board of directors for American Electric Power (NYSE: AEP) has approved a plan to repurchase up to $500 million in common stock through 2006.

American Electric Power (NYSE: AEP) has scheduled a live webcast of a management presentation at its annual Analyst and Investor Meeting in New York March 2.

BRIDGMAN, Mich., Feb. 23, 2005 - American Electric Power (NYSE: AEP) plans to replace the three low-pressure turbine rotors on Cook Nuclear Plant Unit 1 during the fall 2006 refueling outage. The aerodynamic design of the new rotors is expected to increase the electrical output by an estimated 41 megawatts (MW) as well as prevent blade cracking, which has been a problem at some facilities. Total project cost to replace the rotors is approximately $45 million.

COLUMBUS, Ohio, Feb. 16, 2005 - The board of directors for American Electric Power (NYSE: AEP) has adopted a policy directing the company to seek shareholder approval of any future severance agreements with senior executives that provide specified benefits in an amount exceeding 2.99 times the sum of the executive´s then-current annual base salary plus annual target bonus.

American Electric Power (NYSE: AEP) has scheduled a live webcast of a presentation by Susan Tomasky, executive vice president and chief financial officer, at the UBS Natural Gas & Electric Utilities Conference in New York Feb. 17.

COLUMBUS, Ohio, Feb 10, 2005 - American Electric Power (NYSE:AEP) has asked PJM Interconnection, an independent electric transmission provider, to evaluate transmission interconnection feasibility for three potential sites being considered by AEP for a commercial-scale Integrated Gasification Combined Cycle (IGCC) clean-coal power plant, the first of its size in the country.

COLUMBUS, Ohio, Jan. 27, 2005 - American Electric Power (NYSE: AEP) is encouraged by the Public Utilities Commission of Ohio (PUCO) approval of the company’s rate stabilization plan for its Ohio Power and Columbus Southern Power operating companies.

COLUMBUS, Ohio, Jan. 27, 2005 - American Electric Power (NYSE: AEP) has made a voluntary $200 million cash contribution to its pension fund to help secure future plan benefits and reduce the company’s future pension-related expenses. The company also announced plans to make quarterly contributions of approximately $100 million per quarter in 2005 with the goal of fully funding its pension liabilities by the end of 2005.

American Electric Power (NYSE: AEP) today closed the sale of controlling interest in Houston Pipe Line Co. to Energy Transfer Partners, LP (ETP). According to the terms of the transaction, ETP purchased 98 percent of the partnership interests in Houston Pipeline Co. (HPL) for $825 million and also purchased 30 billion cubic feet (Bcf) of working gas and working capital, for a total consideration of approximately $1 billion. AEP will retain a 2 percent ownership interest in the HPL partnership interests and will provide certain transitional administrative services.

COLUMBUS, Ohio, Jan. 26, 2005 - The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 35 cents a share on the company’s common stock.

American Electric Power (NYSE: AEP) has reached settlement agreements with the Commodity Futures Trading Commission (CFTC), the U.S. Department of Justice and the Federal Energy Regulatory Commission (FERC) regarding investigations of gas price reporting and gas storage activities.

COLUMBUS, Ohio, Jan. 20, 2005 - American Electric Power’s quarterly earnings conference call with financial analysts will be broadcast live over the Internet at 11 a.m. EST Thursday, Jan. 27, at http://www.aep.com/go/webcasts.