AEP To Redeem Senior Notes

                          AEP To Redeem Senior Notes

PR Newswire

COLUMBUS, Ohio, Nov. 8, 2012

COLUMBUS, Ohio, Nov. 8, 2012 /PRNewswire/ -- American Electric Power (NYSE:
AEP), today announced that on Dec. 14, 2012, it will redeem the entire
outstanding $242,775,000 principal amount of unsecured 5.25% Senior Notes,
Series D, due 2015 (the "Notes"), at a redemption price equal to 100% of the
principal amount, plus accrued interest thereon to the date of redemption, and
a make-whole premium which will be determined three business days prior to the
redemption date.

Notice of the redemption is expected to be mailed Nov. 8, 2012. The
redemption is in accordance with the terms of the indenture under which the
Notes were issued.

The Bank of New York Mellon Trust Company, N.A. is the redemption agent and
trustee.

SOURCE American Electric Power

Website: http://www.aep.com
Contact: MEDIA CONTACT: Pat D. Hemlepp, Director, Corporate Media Relations,
+1-614-716-1620; ANALYSTS CONTACT: Bette Jo Rozsa, Managing Director, Investor
Relations, +1-614-716-2840
 
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