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APPALACHIAN POWER TO REDEEM FOUR SERIES OF BONDS

 ROANOKE, Va., March 25 /PRNewswire/ -- Appalachian Power Company today announced that it will partially redeem on May 1, 1993, four issues of first mortgage bonds totalling $48,074,000.
 Appalachian will redeem $260,000 of its 9-1/4 percent Series due 2007 at the special redemption price of 100.81 percent of its principal amount, plus accrued interest to the date of redemption. Appalachian will also redeem $2,000,000 principal amount of its 9-7/8 percent Series due 2020; $2,500,000 principal amount of its 9-1/8 percent Series due 2019; and $43,314,000 principal amount of its 8-3/4 percent Series due 2017, all at the special redemption price of 100 percent of their principal amount plus accrued interest to the date of redemption.
 The action is being taken under terms of the mortgage under which the bonds were issued, which permit Appalachian to redeem the bonds with funds deposited with the Trustee.
 The notice of redemption is expected to be mailed on or before April 1, 1993. Bankers Trust Company, New York, is the redemption agent and trustee.
 Appalachian Power is an operating electric utility subsidiary of American Electric Power Company, Inc. (NYSE: AEP), Columbus, Ohio.
 -0- 3/25/93
 /CONTACT: Luke M. Feck, Senior Vice President-Public Affairs, American Electric Power, 614-223-1650/
 (AEP)


CO: Appalachian Power Company ST: Virginia IN: UTI SU:

BM -- CL013 -- 9610 03/25/93 13:01 EST
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Publication:PR Newswire
Date:Mar 25, 1993
Words:236
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