Tokyo Electric Power Co. (the "Company") hereby notifies all interested
parties that the Company has issued its 522nd domestic straight corporate
bond. The terms of the issue are as follows:

[Outline of Issue]
1.  Name of the bond       Tokyo Electric Power Company 522th Domestic
                           Straight Corporate Bond (with general mortgage)
2.  Aggregate amount       50 billion Yen
3.  Date of issue          August 31, 2006
4.  Coupon rate            2.06% of par value per annum
5.  Issue price            100 yen per par value of 100 yen
6.  Mortgage               General mortgage
7.  Interest payment date  End of February and August every year
8.  Redemption date        August 31, 2016 (10-year period: bullet maturity)
9.  Yield on the bond      2.06% per annum
10. Denomination value     1 million yen
11. Schedule
    Announcement date      August 7, 2006 (Monday)
    Offering period        August 7, 2006 (Monday)
    Payment due date       August 31, 2006 (Thursday)
12. Lead managing underwriter
                           Nomura Securities Co., Ltd.
                           Mizuho Securities Co., Ltd.
                           Merrill Lynch Japan Securities Co., 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.