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 536th 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 
                            536th Domestic Straight Corporate Bond
                            (with general mortgage)
 2.  Aggregate amount       50 billion yen
 3.  Date of issue          January 29, 2008
 4.  Coupon rate            1.672%
 5.  Issue price            100 yen per par value of 100 yen
 6.  Mortgage               General Mortgage
 7.  Interest payment date  January 29 and July 29 every year
 8.  Redemption date        January 29, 2018
                            (10-year period: bullet maturity)
 9.  Yield on the bond      1.672%
 10. Denomination value     1 million yen
 11. Schedule
      Announcement date     January 10, 2008 (Thursday)
      Offering period       January 10, 2008 (Thursday)
      Payment due date      January 29, 2008 (Tuesday)
 12. Lead managing underwriter
                            Mizuho Securities Co., Ltd.
                            Nikko Citigroup Limited
                            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.