Tokyo Electric Power Co. (TEPCO) announced that its operating revenues in
fiscal year 2005 (from April 1, 2005 to March 31, 2006) increased 4.1% from
the previous fiscal year to ¥5,255.4 billion (¥4,941 billion on an
unconsolidated basis, up 2.4%).  Ordinary income rose 4.6% to ¥426.9 billion
(¥397.2 billion, up 3.3%).  Net income increased 37.2% to ¥310.3 billion
(¥260.8 billion, up 6.5%).

Electricity sales in the fiscal year increased 0.7% from the previous fiscal
year to 288.7 billion kWh as the electricity demand for heating increased
during the latter half of the fiscal year due to the effect of severe cold
winter, although the bulk power demand for industrial use was smaller than
the previous fiscal year's level, in addition to the decrease in electricity
demand for cooling due to the reaction to the summer of record hot weather
in the first half of the previous year.

Of the total, electricity sales for residential use rose 2.8% to 95.2 billion
kWh.  Low-voltage power decreased 2.1% to 13.5 billion kWh.  Specified-scale
demand fell 0.2% to 180 billion kWh.

Among the revenues in fiscal year 2005, electricity industry sales revenues
increased 1.0% to ¥4,682 billion because of the increased electricity sales
and boosted revenues due to the fuel cost adjustment system in spite of some
adverse effect resulting from the rate reduction introduced in October, 2004.
As a result, total operating revenues, including the revenues from electricity
transactions between regions and the electricity sales to other utilities,
expanded 4.1% to ¥5,255.4 billion (¥4,941 billion on an unconsolidated basis,
up 2.4%).  Ordinary revenues increased 4.4% to ¥5,308 billion (¥4,978.7
billion, up 2.6%).

Among electricity industry expenses, though TEPCO made efforts to improve
efficiency and reduce cost of overall operations, including reduction in
depreciation expenses through restrictive equipment investments, in addition
to the decreased labor costs thanks to a favorable change of the market as to
the management of pension assets, ordinary expenses increased 4.3% to ¥4,881
billion (¥4,581.5 billion, up 2.6%) because of a drastic increase in fuel
costs due to a sharp rise in crude oil prices.

Appendix
Summary of Financial Results for Fiscal Year 2005 (Ended March 31, 2006)
Summary of Unconsolidated Financial Results for Fiscal Year 2005
(Ended March 31, 2006)