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          <NonNumbericText>&lt;div&gt;       &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;&lt;font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"&gt;NOTE  5.&amp;#160;&amp;#160;STOCK-BASED COMPENSATION&lt;/font&gt;&lt;/div&gt;       &lt;div style="DISPLAY: block; TEXT-INDENT: 0pt"&gt;&lt;br /&gt;&lt;/div&gt;       &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"&gt;&lt;font id="TAB1_0" style="MARGIN-LEFT: 36pt"&gt;&lt;/font&gt;Entergy grants stock options, which are  described more fully in Note 12 to the financial statements in the Form  10-K.&amp;#160;&amp;#160;Awards under Entergy's plans generally vest over three  years.&lt;/font&gt;&lt;/div&gt;       &lt;div style="DISPLAY: block; TEXT-INDENT: 0pt"&gt;&lt;br /&gt;&lt;/div&gt;       &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"&gt;The  following table includes financial information for stock options for the third  quarter and nine months ended September 30 for each of the years  presented:&lt;/font&gt;&lt;/div&gt;       &lt;div style="DISPLAY: block; TEXT-INDENT: 0pt"&gt;&lt;br /&gt;&lt;/div&gt;       &lt;div align="center"&gt;         &lt;table cellpadding="0" cellspacing="0" width="75%" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; "&gt; &lt;tr&gt;             &lt;td valign="top" width="68%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"&gt;&lt;font style="DISPLAY: inline; FONT-WEIGHT: bold; 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FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;(In  Millions)&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;           &lt;/tr&gt;&lt;tr&gt;             &lt;td valign="top" width="68%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="9%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="8%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;             &lt;td align="left" valign="top" width="68%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;Compensation  expense included in Entergy's Net Income for the third quarter&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td align="right" valign="top" width="9%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 9pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$4.2&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td align="right" valign="top" width="8%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$4.7&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="white"&gt;             &lt;td align="left" valign="top" width="68%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;Tax  benefit recognized in Entergy's Net Income&amp;#160;&amp;#160;for the third  quarter&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td align="right" valign="top" width="9%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 9pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$1.6&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td align="right" valign="top" width="8%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$1.8&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;             &lt;td valign="top" width="68%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="9%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="8%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="white"&gt;             &lt;td align="left" valign="top" width="68%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;Compensation  expense included in Entergy's Net Income for the nine months ended September  30,&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td align="right" valign="top" width="9%"&gt;               &lt;div style="DISPLAY: block; TEXT-INDENT: 0pt"&gt;                 &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$12.7&lt;/font&gt;&lt;/div&gt;               &lt;/div&gt;             &lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td align="right" valign="top" width="8%"&gt;               &lt;div style="DISPLAY: block; TEXT-INDENT: 0pt"&gt;                 &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$13.8&lt;/font&gt;&lt;/div&gt;               &lt;/div&gt;             &lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;             &lt;td align="left" valign="top" width="68%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;Tax  benefit recognized in Entergy's Net Income for the nine months ended September  30,&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td align="right" valign="top" width="9%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$4.9&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td align="right" valign="top" width="8%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$5.3&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="white"&gt;             &lt;td valign="top" width="68%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="9%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td valign="top" width="8%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;           &lt;/tr&gt;&lt;tr bgcolor="#cceeff"&gt;             &lt;td align="left" valign="top" width="68%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;Compensation  cost capitalized as part of fixed assets and inventory as of September  30,&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td align="right" valign="top" width="9%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$2.4&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;             &lt;td valign="top" width="1%"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;&amp;#160;  &lt;/font&gt;&lt;/td&gt;             &lt;td align="right" valign="top" width="8%"&gt;               &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 8.1pt" align="right"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"&gt;$2.6&lt;/font&gt;&lt;/div&gt;             &lt;/td&gt;           &lt;/tr&gt;&lt;/table&gt;       &lt;/div&gt;       &lt;div style="DISPLAY: block; TEXT-INDENT: 0pt"&gt;&lt;br /&gt;&lt;/div&gt;       &lt;div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;&lt;font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"&gt;&lt;font id="TAB1_1" style="MARGIN-LEFT: 36pt"&gt;&lt;/font&gt;Entergy granted 1,084,800 stock options  during the first quarter 2009 with a weighted-average fair value of  $12.47.&amp;#160;&amp;#160;At September 30, 2009, there were 11,547,571 stock options  outstanding with a weighted-average exercise price of $69.17.&amp;#160;&amp;#160;The  aggregate intrinsic value of the stock options outstanding at September 30, 2009  was $123.5 million.&lt;/font&gt;&lt;/div&gt; 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          <NonNumericTextHeader>NOTE  5.&amp;#160;&amp;#160;STOCK-BASED COMPENSATION              Entergy grants stock options, which are  described more fully in Note 12 to the financial statements</NonNumericTextHeader>
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