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Aug. 12, 2003News Release
BRIDGMAN, Mich., Aug. 12, 2003 - A. Christopher “Chris” Bakken III, American Electric Power’s (NYSE: AEP) senior vice president and chief nuclear officer, today announced his resignation to return to PSEG Power. Bakken has been responsible for oversight of AEP’s Cook Nuclear Plant in Bridgman, Mich., and AEP’s 25-percent ownership of the South Texas Project Electric Generating Station in Bay City, Texas, since October 2001. He came to AEP from PSEG in 1999.

Bob Powers, executive vice president - generation, will oversee Bakken’s responsibilities while the company conducts a search for Bakken’s replacement. Powers was AEP’s executive vice president - nuclear and technical services until he assumed responsibility for all AEP generation in March 2003.

“We wish Chris the best in his new position at PSEG. I will assume his responsibilities while we seek his replacement,“ Powers said.

Bakken joined AEP in 1999 as site vice president for Cook Nuclear Plant. He previously held a variety of positions at PSEG´s Salem Generating Station and Duquesne Light Co.’s Beaver Valley Nuclear Station over a 17-year period.

AEP owns and operates more than 42,000 megawatts of generating capacity in the United States and select international markets and is the largest electricity generator in the U.S. AEP is also one of the largest electric utilities in the United States, with almost 5 million customers linked to AEP’s 11-state electricity transmission and distribution grid. The company is based in Columbus, Ohio.

Melissa McHenry
Manager, Corporate Media Relations
American Electric Power
614/716-1120

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