OG&E To Call All $110 Million Principal Amount Outstanding Of Its 7.3 Percent Senior Notes

OG&E To Call All $110 Million Principal Amount Outstanding Of Its 7.3 Percent Senior Notes

OKLAHOMA CITY, Sept. 2 /PRNewswire-FirstCall/ -- OGE Energy Corp. (NYSE:OGE) announced today that its subsidiary, Oklahoma Gas and Electric Company (OG&E), intends to call all $110 million principal outstanding of its 7.3 percent senior notes due 2025.

The notes, dated Oct. 16, 1995, will be redeemed at approximately 103.261 percent their principal amount, plus accrued interest, on Oct. 15, 2005.

OG&E is a regulated electric utility serving approximately 740,000 customers in Oklahoma and western Arkansas. OGE Energy also is the parent company of Enogex Inc., a natural gas pipeline business with principal operations in Oklahoma and Arkansas.

Source: OGE Energy Corp.

CONTACT: Brian Alford, +1-405-553-3187, or Financial Contact, Todd
Tidwell, +1-405-553-3966, both of OGE Energy Corp.

Web site: http://www.oge.com/

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