AMERICAN ELECTRIC POWER CO INC — Director's Dealing 2006

Oct 2, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN ELECTRIC POWER CO INC (AEP)
CIK: 0000004904
Period of Report: 2006-09-30

Reporting Person: HUDSON LESTER A JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-30	Phantom Stock Unit	$0	A	567.088	Acquired		Common Stock (567.088)	Direct

Footnotes

F1: Acquisition pursuant to the AEP Stock Unit Accumulation Plan for Non-Employee Directors.

F2: Stock Units are paid to the director in cash upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter.

F3: Includes units of reinvested dividends pursuant to a dividend reinvestment feature of the Plan.