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 537th 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
537th Domestic Straight Corporate Bond
(with general mortgage)
2. Aggregate amount 50 billion yen
3. Date of issue February 28, 2008
4. Coupon rate 1.814%
5. Issue price 100 yen per par value of 100 yen
6. Mortgage General Mortgage
7. Interest payment date February 28 and August 28 every year
8. Redemption date February 28, 2020
(12-year period: bullet maturity)
9. Yield on the bond 1.814%
10. Denomination value 1 million yen
11. Schedule
Announcement date February 7, 2008 (Thursday)
Offering period February 7, 2008 (Thursday)
Payment due date February 28, 2008 (Thursday)
12. Lead managing underwriter
Nikko Citigroup Limited
Mizuho Securities Co., Ltd.
Morgan Stanley 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.
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