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                                                                                         Exhibit 12(d)
                                                                                                  
                          Entergy Mississippi, Inc.
          Computation of Ratios of Earnings to Fixed Charges and
   Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
                                                                                                  
                                                                                                                    
                                                                1993      1994     1995     1996       1997       1998
                                                                                                                         
<S>                                                             <C>      <C>      <C>       <C>        <C>        <C>
Fixed charges, as defined:                                                                                               
  Total Interest                                                $55,359  $52,764  $51,635   $48,007    $45,274    $40,927
  Interest applicable to rentals                                  1,264    1,716    2,173     2,165      1,947      1,864
                                                                ---------------------------------------------------------
Total fixed charges, as defined                                  56,623   54,480   53,808    50,172     47,221     42,791
                                                                                                                         
Preferred dividends, as defined (a)                              12,990    9,447    9,004     7,610      5,123      4,878
                                                                ---------------------------------------------------------
                                                                                                                         
Combined fixed charges and preferred dividends, as defined      $69,613  $63,927  $62,812   $57,782    $52,344    $47,669
                                                                =========================================================
Earnings as defined:                                                                                                     
                                                                                                                         
  Net Income                                                   $101,743  $48,779  $68,667   $79,210    $66,661    $59,268
  Add:                                                                                                                   
    Provision for income taxes:                                                                                          
    Total income taxes                                           55,993   12,476   34,877    41,107     26,744     28,031
    Fixed charges as above                                       56,623   54,480   53,808    50,172     47,221     42,791
                                                               ----------------------------------------------------------
                                                                                                                         
Total earnings, as defined                                     $214,359 $115,735 $157,352  $170,489   $140,626   $130,090
                                                               ==========================================================
                                                                                                                         
Ratio of earnings to fixed charges, as defined                     3.79     2.12     2.92      3.40       2.98       3.04
                                                                =========================================================
                                                                                                                         
Ratio of earnings to combined fixed charges and                                                                          
 preferred dividends, as defined                                   3.08     1.81     2.51      2.95       2.69       2.73
                                                                =========================================================
                                                                                                                         
                                                                                                                         
------------------------                                                                                                 
(a) "Preferred dividends," as defined by SEC regulation S-K, are computed by 
    dividing the preferred dividend requirement by one hundred percent (100%) 
    minus the income tax rate.
                                                                                                                         

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