COLUMBUS, Ohio, May 3, 2005 – Appalachian Power Co., a public utility subsidiary of American Electric Power (NYSE: AEP), today announced that on June 2, 2005, it will redeem the entire outstanding $45,000,000 principal amount of its First Mortgage Bonds, Designated Secured Medium-Term Notes, 8.00% Series due June 1, 2025, at 104% of the principal amount outstanding.

The redemption price of the bonds will include accrued interest from March 1 to the date of redemption.

Notice of the redemption is expected to be mailed May 3, 2005. The redemption is in accordance with the terms of the indenture under which the first mortgage bonds were issued.

Deutsche Bank Trust Company Americas is the redemption agent and trustee.