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 Report (Date earliest event reported) December 18, 1996 Commission Registrant, State of Incorporation, I.R.S. Employer File Number Address and Telephone Number Identification No. 1-11299 ENTERGY CORPORATION 72-1229752 (a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 529-5262 Item 5. Other Information Entergy Corporation Entergy Corporation has announced a formal cash offer totaling US$2.1 billion to acquire London Electricity plc, the regional electric company serving approximately two million customers within the London, England area. The offer was announced by Entergy Power U.K. plc, a subsidiary of Entergy Corporation. London Electricity's board of directors has unanimously recommended the offer to shareholders. The offer must now be approved by the appropriate U.K. authorities. If no obstacles impede the approval process, the acquisition could be completed as early as March 1, 1997. The $2.1 billion purchase price, which values London Electricity shares at 705 pence per share, is based upon an exchange rate of US $1.66 per pound. The cash purchase price will be financed by approximately $1.7 billion of bank financing, which will be non-recourse to Entergy Corporation, in addition to $400 million of equity from Entergy Corporation and its subsidiary, Entergy Power International Development Corporation. London Electricity's nearly two million customers reside within its approximately 450-square-mile service area in greater London, a city of some six million inhabitants. The utility has approximately 4,400 employees. Earlier this month, London Electricity released interim results for the six months ended September 30, 1996. Among the figures were gross revenues approximately of US $1 billion and net income of US$90.6 million. SIGNATURE Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENTERGY CORPORATION By: /s/Louis E. Buck, Jr Louis E. Buck, Jr. Dated: December 18, 1996