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OHIO POWER TO REDEEM BONDS

 CANTON, Ohio, Feb. 25 /PRNewswire/ -- Ohio Power Company today announced that it will redeem on April 1 the entire outstanding $38 million of its 9-1/4 percent series of first mortgage bonds due 2008. The company on April 15 will partially redeem two additional issues of first mortgage bonds totaling $4,825,000.
 9-1/4 Percent Series Due 2008
 The company will redeem on April 1, 1993 the entire outstanding $38 million principal amount of the 9-1/4 percent series due 2008 at 100.41 percent of the principal amount of the bonds, to be paid upon presentment.
 Interest payable on the bonds March 1 will be paid by check to the bondholders in the usual manner. Interest from March 1 to the date of redemption will be paid on presentment of the bonds.
 Transfer books for this series will be closed on Feb. 26, 1993. The notice of redemption is expected to be mailed on or before March 2, 1993 to holders of record on Feb. 25, 1993.
 9-1/4 Percent Series Due 2006
 The company will redeem on April 15, 1993, $800,000 principal amount of its 9-1/4 percent series of first mortgage bonds due 2006 at 101.18 percent of the principal amount of the bonds together with accrued interest to the date of redemption, to be paid upon presentment.
 Transfer books for this series will be closed on March 2 until March 15, 1993 for selection of bonds to be redeemed. The notice of redemption is expected be mailed on or before March 15, 1993 to holders of record on March 1, 1993.
 9-7/8 percent Series Due 1998
 The company will redeem on April 15, 1993, $4,025,000 principal amount of the 9-7/8 percent series due 1998 at 100.00 percent of the principal amount of the bonds together with accrued interest to the date of redemption, to be paid upon presentment.
 The notice of redemption is expected to be mailed on or before March 15, 1993 to holders of record on March 1, 1993.
 These redemptions are in accordance with the terms of the mortgages under which the bonds were issued. The mortgages permit the company to redeem the bonds with certain funds deposited with the trustee under the mortgages.
 Chemical Bank, New York, is the redemption agent and trustee.
 Ohio Power is one of seven operating companies of American Electric Power Co., Inc. (NYSE: AEP). Ohio Power, headquartered in Canton, Ohio, provides service to approximately 652,000 customers.
 -0- 2/25/93
 /CONTACT: Luke M. Feck, senior vice president of public affairs, American Electric Power Corporation, 614-223-1650/
 (AEP)


CO: American Electric Power ST: Ohio IN: UTI SU:

KK -- CL009 -- 0403 02/25/93 12:59 EST
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Date:Feb 25, 1993
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