July 7, 2004

The Tokyo Electric Power Company (the "Company") hereby notifies all interested 
parties that the Company has issued its 513th 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 513th
                                Domestic Straight Corporate Bond
                                 (with general mortgage)
2. Aggregate amount             50 billion Yen
3. Date of issue                July 28, 2004
4. Coupon rate                  1.85% 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 January 28 and July 28
8. Redemption date              July 28, 2014 (10-year period: bullet maturity)
9. Yield on the bond            1.85% per annum
10. Denomination value          1 million yen
11. Schedule
    Announcement date           July 7, 2004 (Wed)
    Offering period             July 7, 2004 (Wed)
    Payment due date            July 28, 2004 (Wed)
12. Lead managing underwriter
                                Mizuho Securities Co., Ltd.
                                Goldman Sachs (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.