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 543rd 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 
                            543rd Domestic Straight Corporate Bond
                            (with general mortgage)
 2.  Aggregate amount       50 billion yen
 3.  Date of issue          May 30, 2008 
 4.  Coupon rate            1.171 % 
 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, 2011
                            (3-year period: bullet maturity)
 9.  Yield on the bond      1.171 % 
10.  Denomination value     1 million yen
11.  Schedule
         Announcement date  May 20, 2008 (Tuesday) 
         Offering period    May 20, 2008 (Tuesday) 
         Payment due date   May 30, 2008 (Friday)
12.  Lead managing underwriter
                            Daiwa Securities SMBC Co. Ltd. 
                            Mizuho Securities Co., Ltd.
                            Shinkin Securities Co., Ltd. 
                            Mitsubishi UFJ 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.