N EWS R ELEASES

American Electric Power will continue focusing capital investments in its regulated operations and contracted renewables as the company builds a cleaner, smarter and more reliable energy system to benefit both customers and shareholders. The company reaffirmed its 2020 operating earnings (earnings excluding special items) guidance range of $4.25 to $4.45 per share, and its projected annual operating earnings growth rate of 5% to 7%. AEP management will discuss the company’s financial outlook and earnings growth strategy at the annual Edison Electric Institute Financial Conference that begins Nov. 10 in Orlando, Fla.

American Electric Power has scheduled a live audio webcast of remarks by AEP Chairman, President and Chief Executive Officer Nicholas K. Akins Nov. 12 at the 54th annual Edison Electric Institute Financial Conference in Orlando, Fla.

• Third-quarter 2019 GAAP earnings of $1.49 per share; third-quarter 2019 operating earnings of $1.46 per share
• Investments to benefit customers, plus weather, support strong earnings performance
• AEP raises and narrows full-year operating earnings (non-GAAP) guidance range to $4.14 to $4.24 per share

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 70 cents a share on the company’s common stock, an increase of 3 cents per share. AEP has increased the dividend an average of 6.3% over the past two years, in line with its 5% to 7% earnings growth range.

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct. 24. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

• Second-quarter 2019 GAAP earnings of $0.93 per share
• Second-quarter 2019 operating earnings of $1.00 per share
• Investments to benefit customers support operating earnings performance

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 67 cents a share on the company’s common stock.

AEP has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, July 25. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

Public Service Company of Oklahoma, a public utility subsidiary of American Electric Power (NYSE: AEP), announced that on June 1, 2019, it will redeem the entire outstanding $250 million principal amount of its 5.15% Senior Notes, Series H, due 2019.

• First-quarter 2019 earnings $1.16 per share GAAP and $1.19 per share operating
• Company reaffirms 2019 operating earnings guidance
• Investments in regulated businesses to benefit customers support continued earnings growth