X0202 4 2008-03-01 0 0000003673 ALLEGHENY ENERGY, INC AYE 0001428842 Davis Curtis H C/O ALLEGHENY ENERGY, INC. 800 CABIN HILL DRIVE GREENSBURG PA 15601 0 1 0 0 C.O.O., Generation Stock Options (right to buy) 50.67 2008-03-01 4 A 0 16498 A 2018-03-01 Common Stock 16498 16498 D The Stock Options were granted under the Issuer's 1998 Long Term Incentive Plan. These Stock Options will vest in equal installments on each March 1, 2009, 2010 and 2011, provided that Mr. Davis is an employee of the Issuer on the applicable vesting date. Upon a change in control of the Issuer (as defined), all Stock Options will immediately vest. /s/ Amanda J. Skov, Attorney-in-Fact 2008-03-05