COLUMBUS, Ohio, Dec. 8, 2005 – American Electric Power (NYSE: AEP) has signed 18 multi-year wholesale power supply agreements with municipal utilities in Ohio and Texas. In Ohio, AEP extended wholesale supply agreements with members of the Ohio Municipal Energy Group (OMEG), which includes 16 municipal utilities. In Texas, AEP signed contracts to provide wholesale power to the Cities of Weatherford and Seymour.

The new contracts with OMEG members replace seven-year wholesale power agreements that expire Dec. 31. The sixteen agreements total 170 megawatts of load.

The contract with the City of Seymour replaces a one-year agreement totaling eight megawatts of load. The City of Weatherford signed a new contract for AEP to serve 80 megawatts of wholesale load after being served by another supplier for the last three years.

All of the new contracts will begin Jan. 1, 2006. AEP was selected through competitive bid processes to serve all of the loads. Pricing details are not being announced for competitive reasons.

"We´re pleased that these municipal utilities have decided to stay with or come back to AEP as their wholesale electricity supplier," said Greg Hall, AEP vice president – energy marketing. "We look forward to continuing to provide these municipalities with reliable electricity and service that they are accustomed to receiving from AEP at the most competitive market price available."

"AEP provided the lowest wholesale price in our extensive RFP process and was very helpful during the contract negotiations to finalize the deal," said Kraig Kahler, P.E., Director of Utilities for the City of Weatherford. "In addition, since AEP had previously served our city for six years, we are looking forward to working with them again."

AEP is one of the nation´s largest wholesale suppliers of generation to municipal utilities and cooperatives. In 2006, AEP will provide approximately 3,500 megawatts of power to 55 municipal utilities and 25 electric cooperatives in the United States.

OMEG includes the following members in Ohio: the Village of Arcadia, Village of Bloomdale, City of Bryan, Village of Carey, City of Clyde, Village of Cygnet, Village of Deshler, Village of Greenwich, Village of Ohio City, Village of Plymouth, Village of Republic, Village of Shiloh, Village of Sycamore, City of St. Clairsville, City of Wapakoneta and Village of Wharton.

American Electric Power owns more than 36,000 megawatts of generating capacity in the United States and is the nation´s largest electricity generator. AEP is also one of the largest electric utilities in the United States, with more than 5 million customers linked to AEP´s 11-state electricity transmission and distribution grid. The company is based in Columbus, Ohio.

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This report made by AEP and certain of its subsidiaries contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Although AEP and each of its registrant subsidiaries believe that their expectations are based on reasonable assumptions, any such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. Among the factors that could cause actual results to differ materially from those in the forward-looking statements are: electric load and customer growth; weather conditions, including storms; available sources and costs of, and transportation for, fuels and the creditworthiness of fuel suppliers and transporters; availability of generating capacity and the performance of AEP’s generating plants; the ability to recover regulatory assets and stranded costs in connection with deregulation; the ability to recover increases in fuel and other energy costs through regulated or competitive electric rates; new legislation, litigation and government regulation including requirements for reduced emissions of sulfur, nitrogen, mercury, carbon and other substances; timing and resolution of pending and future rate cases, negotiations and other regulatory decisions (including rate or other recovery for new investments, transmission service and environmental compliance);resolution of litigation (including pending Clean Air Act enforcement actions and disputes arising from the bankruptcy of Enron Corp.); AEP´s ability to constrain its operation and maintenance costs; AEP´s ability to sell assets at acceptable prices and on other acceptable terms, including rights to share in earnings derived from the assets subsequent to their sale; the economic climate and growth in AEP´s service territory and changes in market demand and demographic patterns; inflationary trends; AEP´s ability to develop and execute a strategy based on a view regarding prices of electricity, natural gas, and other energy-related commodities; changes in the creditworthiness and number of participants in the energy trading market; changes in the financial markets, particularly those affecting the availability of capital and AEP´s ability to refinance existing debt at attractive rates; actions of rating agencies, including changes in the ratings of debt; volatility and changes in markets for electricity, natural gas, and other energy-related commodities; changes in utility regulation, including membership in regional transmission structures; accounting pronouncements periodically issued by accounting standard-setting bodies; the performance of AEP´s pension and other postretirement benefit plans; prices for power that AEP generates and sells at wholesale; changes in technology and other risks and unforeseen events, including wars, the effects of terrorism (including increased security costs), embargoes and other catastrophic events.