Notice of the redemption is expected to be mailed on or before May 30, 2003.
This redemption is in accordance with the terms of the indenture under which the notes were issued.
The Bank of New York is the redemption agent and trustee for Appalachian Power Co.’s notes.
Media:David Hagelin
Corporate Media Relations
614/716-1938
Corporate Media Relations
614/716-1938
Analysts: Bette Jo Rozsa
Managing Director, Investor Relations
614/716-2840