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COLUMBUS SOUTHERN POWER TO REDEEM BONDS

 COLUMBUS SOUTHERN POWER TO REDEEM BONDS
 COLUMBUS, Ohio, Aug. 17 /PRNewswire/ -- Columbus Southern Power


Company, formerly Columbus and Southern Ohio Electric Company, today announced that on Sept. 17, 1992 it will redeem the entire $30 million principal amount of its 10-1/4 percent bonds due Sept. 1, 1999, which remain outstanding after the Sept. 1, 1992 sinking fund. CSP is an operating electric utility subsidiary of American Electric Power Company, Inc. (NYSE: AEP).
 CSP will utilize a portion of the proceeds of new issues of 8.55 percent bonds due 2022 and 8.40 percent bonds due 2022 to effect such redemption.
 The redemption price for the bonds will be 103.24 percent of the principal amount plus accrued interest from Sept. 1, to be paid by check upon presentation of the bonds. The redemption is being made under terms of the bonds, which permit CSP to redeem them prior to maturity.
 Notice of redemption is expected to be mailed to bondholders of record on or before Aug. 18. Citibank, N.A., New York, is the redemption agent and trustee.
 -0- 8/17/92
 /CONTACT: Luke M. Feck, senior vice president-public affairs of American Electric Power Co., Inc., 614-223-1674/
 (AEP) CO: American Electric Power ST: Ohio IN: UTI SU:


KK -- CL012 -- 0629 08/17/92 15:47 EDT
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Publication:PR Newswire
Date:Aug 17, 1992
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