UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of earliest event reported: October 8, 1999 Date of report: October 18, 1999 Commission Registrant, State of Incorporation, I.R.S. Employer File Number Address and Telephone Number Identification No. 1-1443 Central and South West Corporation 51-0007707 (A Delaware Corporation) 1616 Woodall Rodgers Freeway Dallas, Texas 75202-1234 (214) 777-1000 GLOSSARY OF TERMS The following abbreviations or acronyms used in this text are defined below: Abbreviation or Acronym Definition AEP........................American Electric Power Company, Inc., Columbus, Ohio AEP Merger.................Proposed merger between AEP and CSW pursuant to which CSW would become a wholly-owned subsidiary of AEP CSW........................Central and South West Corporation, Dallas, Texas CSW Energy.................CSW Energy, Inc., Dallas Texas GE Capital.................GE Capital Structured Finance Group, a division of GE Capital FORWARD-LOOKING INFORMATION This report made by CSW contains forward-looking statements within the meaning of Section 21E of the Exchange Act. Although CSW believes that its expectations are based on reasonable assumptions, any such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: - - the impact of general economic changes in the United States and in countries in which CSW either currently has made or in the future may make investments, - - the impact of the proposed AEP Merger including any regulatory conditions imposed on the merger, the inability to consummate the AEP Merger, or other merger and acquisition activity, - - the impact of deregulation on the United States electric utility business, especially in the States comprising the CSW System's service territory, - - federal and state regulatory developments and changes in law which may have a substantial adverse impact on the value of CSW System generating and other assets, - - timing and adequacy of rate relief, - - adverse changes in electric load and customer growth, - - climatic changes or unexpected changes in weather patterns, and - - changing fuel prices, generating plant and distribution facility performance. ITEM 5. OTHER EVENTS A news release concerning a joint announcement by CSW Energy and GE Capital of sale of a 50% interest in CSW Energy's Sweeny electric generating plant located in Texas is included as Exhibit 99.1 and incorporated by reference. CSW expects to realize after-tax earnings from the sale of approximately $33 million or $0.16 per share which will be recorded in the fourth quarter of 1999. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits. Exhibit 99.1 CSW News Release dated October 14, 1999 related to the sale of 50% of CSW Energy's interest in the Sweeny electric generating plant. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CENTRAL AND SOUTH WEST CORPORATION Date: October 18, 1999 By: /s/ Lawrence B. Connors Lawrence B. Connors Controller and Chief Accounting Officer (Principal Accounting Officer)