UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Application of Entergy Corp.
File No.  70-9049

CERTIFICATE PURSUANT TO
RULE 24 UNDER THE PUBLIC
UTILITY HOLDING COMPANY
ACT OF 1935

Pursuant to the requirements of Rule 24 under the Public
Utility Holding Company Act of 1935, as amended ("PUHCA"),
Entergy Corporation ("Entergy"), a registered holding
company, hereby files this quarterly report as required by
the Securities and Exchange Commission's order authorizing
the use of proceeds of financing transactions for investment
in Exempt Wholesale Generators and Foreign Utility Companies
(together "Projects").  See HCAR 35-27184, June 13, 2000,
File No. 70-9049 ("Order").

For the twelve months ended December 31, 2002, the following
information is reported pursuant to the Order.

1) A computation in accordance with Rule 53(a), as
   modified by the Order, of Entergy's aggregate investment in
   Projects:

   As of December 31, 2002, Entergy's "aggregate investment"
   (as defined in Rule 53(a)) in Projects was approximately
   $1.97 billion, or 52.5% of Entergy's "consolidated
   retained earnings" (as defined in Rule 53(a)) of
   approximately $3.8 billion.


2) Entergy's aggregate investment in Projects as a
   percentage of the following:

                                      As of December
                                         31, 2002

    Total capitalization                   11.6%
    Net utility plant                      11.5%
    Total consolidated  assets              7.3%
    Market value of common equity          19.5%
      and retained earnings



3) Consolidated capitalization ratios of Entergy as of the
   end of December 31, 2002, with consolidated debt including
   all short-term debt and non-recourse debt of the Projects:

                                     In Thousands       %
    Common shareholders' equity      $ 7,838,237      46.1
    Preferred stock                      573,664       3.4
    Long-term and short-term debt      8,588,435      50.5
                                     -----------     -----
                                     $17,000,336     100.0
                                     ===========     =====

4) At December 31, 2002, Entergy's common stock market-to-
   book ratio was 129%.

The information concerning growth in retained earnings, net
income and revenues of Entergy's Projects contained in
paragraphs 5 and 6 is submitted pursuant to a request for
confidential treatment under rule 104(b) of PUHCA.

In witness whereof, the undersigned company has caused this
certificate to be executed on this 25th day of February
2003.


ENTERGY CORPORATION


By:  /s/ Nathan E. Langston
     Nathan E. Langston
     Senior Vice President and Chief Accounting Officer