The Tokyo Electric Power Company, Incorporated (the "Company") hereby 
notifies all interested parties that the Company has decided the following 
outline of issuance of its 535th domestic straight corporate bond. The terms 
of the issues are as follows:

[Outline of Issue]
 1.  Name of the bond       The Tokyo Electric Power Company, Incorporated 
                            535th Domestic Straight Corporate Bond
                            (with general mortgage)
 2.  Aggregate amount       50 billion yen
 3.  Date of issue          November 30, 2007
 4.  Coupon rate            1.772%
 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        November 30, 2017
                            (10-year period: bullet maturity)
 9.  Yield on the bond      1.772%
 10. Denomination value     1 million yen
 11. Schedule
      Announcement date     November 6, 2007  (Tuesday)
      Offering period       November 6, 2007  (Tuesday)
      Payment due date      November 30, 2007 (Friday)
 12. Lead managing underwriter
                            Daiwa Securities SMBC Co. Ltd.
                            Nomura Securities Co., Ltd.
                            BNP PARIBAS Securities (Japan) Limited

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.