ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION
AND RESULTS OF OPERATION

CSPCo and I&M. Omitted pursuant to Instruction I(2)(a). Management's narrative analysis of the results of operations and other information required by Instruction I(2)(a) is incorporated herein by reference to the material under Management's Financial Discussion and Analysis of Results of Operations in the 2008 Annual Reports.

AEP, APCo, OPCo, PSO and SWEPCo. The information required by this item is incorporated herein by reference to the material under Management's Financial Discussion and Analysis of Results of Operations in the 2008 Annual Reports.