American Electric Power
Financial Results for YTD September 2005 Actual vs YTD September 2004 Actual
				2004 Actual				2005 Actual
				($ millions)		EPS		($ millions)		EPS
	UTILITY OPERATIONS:
		Gross Margin:
1			Regulated Integrated Utilities	2,315				2,311
2			Ohio Cos.	1,495				1,540
3			Texas Wires	333				351
4			Texas Supply / REP	272				155
5			Off-System Sales	415				518
6			Other Wholesale Transactions	13				18
7			Transmission Revenue - 3rd Party	368				297
8			Other Operating Revenue	255				248
9			Total Gross Margin	5,466				5,438
10			Operations & Maintenance	(2,269)				(2,247)
11			Depreciation & Amortization	(940)				(963)
12			Taxes Other than Income Taxes	(535)				(558)
13			Interest Exp & Preferred Dividend	(479)				(445)
14			Other Income & Deductions	35				238
15			Income Taxes	(431)				(481)
16			Net Earnings Utility Operations	847		2.14		982		2.53
	INVESTMENTS:
17			AEPES	(41)				6
16			Other	(6)				4
17			Total Investments	(47)		(0.12)		10		0.02
18			Parent Company	(43)		(0.11)		(44)		(0.11)
19			ON-GOING EARNINGS	757		1.91		948		2.44
Note:	For analysis purposes, certain financial statement amounts have been reclassified for this effect on earnings presentation.