UNITED STATES OF AMERICA SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Application of Entergy Corp. File No. 70-9049 CERTIFICATE PURSUANT TO RULE 24 UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Pursuant to the requirements of Rule 24 under the Public Utility Holding Company Act of 1935, as amended ("PUHCA"), Entergy Corporation ("Entergy"), a registered holding company, hereby files this quarterly report as required by the Securities and Exchange Commission's order authorizing the use of proceeds of financing transactions for investment in Exempt Wholesale Generators and Foreign Utility Companies (together "Projects"). See HCAR 35-27184, June 13, 2000, File No. 70-9049 ("Order"). For the twelve months ended March 31, 2002, the following information is reported pursuant to the Order. 1) A computation in accordance with Rule 53(a), as modified by the Order, of Entergy's aggregate investment in Projects: As of March 31, 2002, Entergy's "aggregate investment" (as defined in Rule 53(a)) in Projects was approximately $1.7 billion, or 48.8% of Entergy's "consolidated retained earnings" (as defined in Rule 53(a)) of approximately $3.6 billion. 2) Entergy's aggregate investment in Projects as a percentage of the following: As of March 31, 2002 Total capitalization 10.6% Net utility plant 10.3% Total consolidated assets 6.8% Market value of common equity and retained 18.0% earnings 3)Consolidated capitalization ratios of Entergy as of the end of March 31, 2002, with consolidated debt including all short-term debt and non-recourse debt of the Projects: In Thousands % Common shareholders' equity $ 7,433,316 45.4 Preferred stock 574,118 3.5 Long-term and short-term debt 8,377,610 51.1 ------------ ----- $ 16,385,044 100.0 ============ ===== 4)At March 31, 2002, Entergy's common stock market-to- book ratio was 130%. The information concerning growth in retained earnings, net income and revenues of Entergy's Projects contained in paragraphs 5 and 6 is submitted pursuant to a request for confidential treatment under rule 104(b) of PUHCA. In witness whereof, the undersigned company has caused this certificate to be executed on this 28th day of May 2002. ENTERGY CORPORATION By: /s/ Nathan E. Langston ---------------------------- Nathan E. Langston Senior Vice President and Chief Accounting Officer