Tokyo Electric Power Company (the "Company") hereby notifies all 
interested parties that the Company has decided the following outline 
of issuance of its 527th domestic straight corporate bond. The terms 
of the issues are as follows:

[Outline of Issue]
1.  Name of the bond       Tokyo Electric Power Company 527th 
                           Domestic Straight Corporate Bond
                           (with general mortgage)
2.  Aggregate amount       50 billion yen
3.  Date of issue          May 30, 2007
4.  Coupon rate            1.50%
5.  Issue price            100 yen per par value of 100 yen
6.  Mortgage               General Mortgage
7.  Interest payment date  May 30 and November 30 every year
8.  Redemption date        May 30, 2014
                           (7-year period: bullet maturity)
9.  Yield on the bond      1.50%
10. Denomination value     1 million yen
11. Schedule
     Announcement date     May 17, 2007 (Thursday)
     Offering period       May 17, 2007 (Thursday)
     Payment due date      May 30, 2007 (Wednesday)
12. Lead managing underwriter
                           Mizuho Securities Co., Ltd.
                           Nomura 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.