May 12, 2004

The Tokyo Electric Power Company (the "Company") hereby notifies all interested
parties that the Company has issued its 511th domestic straight corporate bond.
The terms of the issue are as follows:

The terms of the issue
1. Name of the bond        The Tokyo Electric Power Company 511th
                           Domestic Straight Corporate Bond
                            (with general mortgage)
2. Aggregate amount        50 billion Yen
3. Date of issue           May 28, 2004
4. Coupon rate             1.615% of par value per annum
5. Issue price             100 yen per par value of 100 yen 
6. Mortgage                General mortgage
7. Interest payment date   Every May 28 and November 28
8. Redemption date         May 28, 2014 (10-year period: bullet maturity)
9. Yield on the bond       1.615% per annum
10.Denomination value      1 million yen
11.Schedule
    Announcement date      May 12, 2004(Wed)
    Offering period        May 12, 2004(Wed)
    Payment due date       May 28, 2004(Fri)
12.Lead managing underwriter	
                           Daiwa Securities SMBC Co., Ltd.
                           UBS Securities Japan Ltd.

Please note that the above purports to be an accurate and complete translation
of the original Japanese version prepared for the convenience of our
English-speaking audience. However, in the case of any discrepancy between the
translation and the Japanese original, the latter shall prevail.