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American Electric Power Annual Shareholders Meeting April 28

April 19, 1999

COLUMBUS, Ohio, April 19, 1999 - American Electric Power (NYSE: AEP) has scheduled its annual meeting of shareholders for 9:30 a.m. EDT Wednesday, April 28, in the grand ballroom of the Embassy Suites Hotel and Conference Center, 300 Court St., Charleston, W.Va. At the meeting, AEP shareholders will be asked to: x elect 10 directors to hold office until the next annual meeting and until their successors are duly elected; x approve Deloitte & Touche LLP as independent auditors for 1999. AEP, a global energy company, is one of the United States' largest investor-owned utilities, providing energy to 3 million customers in Indiana, Kentucky, Michigan, Ohio, Tennessee, Virginia and West Virginia. AEP has holdings in the United States, the United Kingdom, China and Australia. Wholly owned subsidiaries provide power engineering, energy consulting and energy management services around the world. The company is based in Columbus, Ohio. On Dec. 22, 1997, AEP announced a definitive merger agreement for a tax-free, stock-for-stock transaction with Central and South West Corp., a public utility holding company based in Dallas.

For More Information, Contact: Pat D. Hemlepp Manager, Media Relations American Electric Power 614/223-1620

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