AEP Texas Central Company Transition Funding LLC is a special purpose Delaware limited
liability company. AEP Texas Central Company is our sole member and owns all of
our equity interests. We were formed solely for the purpose of purchasing and owning
the transition property, issuing notes from time to time, pledging our interest
in the collateral to the indenture trustee under the indenture in order to secure
the notes and engaging in activities necessary suitable or convenient for the accomplishment
of these purposes.
