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OHIO POWER TO REDEEM SECURITIES

 CANTON, Ohio, March 25 /PRNewswire/ -- Ohio Power Company (OPCo) today announced that it will redeem all of the outstanding shares of its $2.27 cumulative preferred stock ($25 par value) on April 25, 1993 at the redemption price of $25.57 per share, plus a sum computed at the annual dividend rate per share accrued from March 1 to the redemption date.
 Notice is expected to be mailed to shareowners of record on or before March 26, 1993. First Chicago Trust Company of New York is the redemption agent for this series of preferred stock.
 OPCo, headquartered in Canton, Ohio, is an operating electric utility subsidiary of American Electric Power Company, Inc. (NYSE: AEP).
 -0- 3/25/93
 /CONTACT: Luke M. Feck, Senior Vice President-Public Affairs, American Electric Power, 614-223-1650/
 (AEP)


CO: Ohio Power Company ST: Ohio IN: UTI SU:

BM -- CL012 -- 9605 03/25/93 12:55 EST
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Publication:PR Newswire
Date:Mar 25, 1993
Words:149
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