American Electric Power Declares Quarterly Dividend On Common Stock

     American Electric Power Declares Quarterly Dividend On Common Stock

PR Newswire

COLUMBUS, Ohio, Oct. 23, 2012

COLUMBUS, Ohio, Oct. 23, 2012 /PRNewswire/ -- The Board of Directors of
American Electric Power Co. (NYSE: AEP) today declared a regular quarterly
cash dividend of 47 cents a share on the company's common stock.

The dividend is payable Dec. 10, 2012, to shareholders of record as of Nov. 9,
2012, and is the company's 410th consecutive quarterly common stock cash
dividend. AEP has paid a cash dividend on its common stock every quarter since
July 1910.

American Electric Power is one of the largest electric utilities in the United
States, delivering electricity to more than 5 million customers in 11 states.
AEP ranks among the nation's largest generators of electricity, owning nearly
38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's
largest electricity transmission system, a nearly 39,000-mile network that
includes more 765-kilovolt extra-high voltage transmission lines than all
other U.S. transmission systems combined. AEP's transmission system directly
or indirectly serves about 10 percent of the electricity demand in the Eastern
Interconnection, the interconnected transmission system that covers 38 eastern
and central U.S. states and eastern Canada, and approximately 11 percent of
the electricity demand in ERCOT, the transmission system that covers much of
Texas. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power
(in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana
Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and
Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas).
AEP's headquarters are in Columbus, Ohio.

SOURCE American Electric Power

Website: http://www.aep.com
Contact: Media: Tammy Ridout, Corporate Media Relations, +1-614-716-2347 or
Analysts: Julie Sherwood, Director, Investor Relations, +1-614-716-2663