AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
                          QUARTERLY REPORT PER REQUIREMENTS
                      OF HOLDING COMPANY ACT RELEASE NO. 26864
                        FOR THE QUARTER ENDED MARCH 31, 2002

1)       Aggregate Investment, for which there is recourse to AEP Co., Inc., in
         Exempt Wholesale Generators (EWG) and Foreign Utility Companies (FUCO)

EWG Investment                $  159,391,000
FUCO Investment                2,810,173,000
                              --------------
Total Aggregate Investment
 in EWG's and FUCO's          $2,969,564,000
                              ==============

Components of statement of aggregate investment in EWG and FUCO's are filed
under confidential treatment pursuant to Rule 104(b).

2)       Aggregate Investment as a Percentage of the Following Items

                                     (in millions)                       %

Total Capitalization                $25,199*                           11.8%
Net Utility Plant                    19,698                            15.1%
Total Assets                         50,153                             5.9%
Market Value of Common Equity        14,870                            20.0%

*Includes Long-term Debt Due Within One Year and Short-term Debt.

3)       Consolidated Capitalization Ratio
                   (in millions)
    %
Short-term Debt                      $ 3,984
Long-term Debt                        11,802*
                                     -------
  Total Debt                          15,786                         62.6%
                                     -------
Certain Subsidiary Obligated,
  Mandatorily Redeemable,
  Preferred Securities of
  Subsidiary Trusts Holding
  Solely Junior Subordinated
  Debentures of Such
  Subsidiaries                           321                          1.3%
                                     -------
Minority Interest in
  Finance Subsidiary                     750                          3.0%
                                     -------
Preferred Stock                          156                          0.6%
                                     -------
Common Stock                           2,156
Paid-in Capital                        2,912
Accumulated Other Comprehensive
 Income                                 (170)
Retained Earnings                      3,288
                                     -------
  Total Common Equity                  8,186                         32.5%
                                     -------
Total Capitalization                 $25,199                        100.0%
                                     =======

* Includes Long-term Debt Due Within One Year.





          AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
                         QUARTERLY REPORT PER REQUIREMENTS
                     OF HOLDING COMPANY ACT RELEASE NO. 26864
                       FOR THE QUARTER ENDED MARCH 31, 2002


4)       Market-to-book Ratio of AEP Common Stock

Closing Market Price per Share                       $46.09
Book Value per Share                                 $25.37

Market-to-book Ratio of Common Stock                  181.7%


5)       Analysis of Growth in Retained Earnings

Statement of analysis of growth in retained earnings is filed under confidential
treatment pursuant Rule 104(b).


6)       Statement of Revenues and Net Income for each EWG and FUCO

Statement of revenues and net income for the following EWG's and FUCO's are
filed under confidential treatment pursuant to Rule 104(b):

         CitiPower Pty.
         Nanyang General Light Electric Co., Ltd.
         Pacific Hydro Ltd.
         AEP Energy Services Limited
         AEP Energy Services UK Generation Limited
         InterGen Denmark, Aps
         CSW International Two, Inc.
         CSW Vale L.L.C.
         South Coast Power Limited
         Trent Wind Farm, Limited Partnership
         Newgulf Power Venture, Inc.