March 20 (Reuters) - INDIANA MICHIGAN POWER:

* SAYS COOK NUCLEAR PLANT UNIT 1 WILL BEGIN ITS

THIRTY-SECOND

REFUELING OUTAGE SATURDAY, MARCH 22, AT 3:00 A.M

* SAYS THE UNIT WILL HAVE OPERATED FOR 11,811 HOURS DURING

ITS

LAST CYCLE AT A CAPACITY FACTOR OF 99.5 PERCENT, GENERATING

12,387,620 MEGAWATT-HOURS OF (NET) ELECTRICITY

* SAYS UNIT 2 TO REMAIN AT 100 PERCENT

* SAYS POWER TO CUSTOMERS IS NOT EXPECTED TO BE DISRUPTED BY

THE

PLANNED UNIT 1 OUTAGE