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AEP SCHEDULES LIVE WEBCAST OF PRESENTATION TO ANALYSTS

October 22, 2002

COLUMBUS, Ohio, Oct. 22, 2002 - American Electric Power has scheduled a live webcast of its presentation to analysts today at the Edison Electric Institute’s annual financial conference in Palm Desert, Calif. The webcast, scheduled for 10:30 a.m. EDT today, is available at http://webcast.talkpoint.com/starthere.asp?pres=20502. The webcast can also be accessed through EEI’s web site, http://www.eei.org.

American Electric Power, an energy company with a balanced portfolio of energy assets, 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 a leading wholesale marketer of energy commodities, utilizing its energy expertise and risk management skills to make optimal use of its generation, natural gas pipeline systems, natural gas storage, coal mines and inland barge fleet. 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.

Contact:
Pat D. Hemlepp
Director, Corporate Media Relations
American Electric Power
614/223-1620

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