X0202 4 2005-04-05 0 0000003673 ALLEGHENY ENERGY, INC AYE 0001322841 Park Hyun C/O ALLEGHENY ENERGY, INC. 800 CABIN HILL DRIVE GREENSBURG PA 15601 0 1 0 0 Vice Pres. & General Counsel Stock Options (right to buy) 21.08 2005-04-05 4 A 0 150000 A 2015-04-05 Common Stock 150000 150000 D Stock Units 2005-04-05 4 A 0 50000 A Common Stock 50000 50000 D One-fifth of the Stock Options will vest on each April 5 from 2006 through 2010, provided that the reporting person is an employee of the issuer on the applicable vesting date. Upon the occurence of a change in control of the issuer (as defined), all Stock Options will immediately vest. One-fifth of the Stock Units will vest on each July 5 from 2006 through 2010, provided that the reporting person is an employee of the issuer on the applicable vesting date. The issuer will pay the reporting person the full value of each vested Stock Unit on each applicable vesting date in stock, subject to the reporting person's election to defer payments. The Stock Options were granted under the issuer's Long Term Incentive Plan, and the Stock Units were granted under the issuer's Stock Unit Plan. Hyun Park 2005-04-07