Tokyo --- Following the announcement on Friday August 29 concerning 
problems with maintenance work at its nuclear power plants, Tokyo Electric 
Power Co. (TEPCO) has decided to take action to demonstrate its 
management responsibility regarding these problems.  

TEPCO has begun thorough internal investigations and will complete this 
process by mid-September.  According to the investigations so far completed, 
it is likely that in some cases TEPCO has actually been involved in the 
falsification of records.

The following resignations have been announced:

- Hiroshi Araki will resign as Chairman at the end of September. 

- Nobuya Minami will resign as President by mid-October.

- Toshiaki Enomoto will resign as Executive Vice President at the end of 
  September.

- Gaishi Hiraiwa and Shoh Nasu will resign as Counselors at the end of 
  September.