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 544th 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 
			544th Domestic Straight Corporate Bond
                           (with general mortgage)
2.Aggregate amount		50 billion yen
3.Date of issue		June 25, 2008 
4.Coupon rate		1.976 % 
5.Issue price		100 yen per par value of 100 yen
6.Mortgage		General Mortgage
7.Interest payment date	June 25 and December 25 every year
8.Redemption date		June 25, 2018
			(10-year period: bullet maturity)
9.Yield on the bond	1.976 %
10.Denomination value	1 million yen
11.Schedule
     Announcement date	June 4, 2008 (Wednesday) 
     Offering period	June 4, 2008 (Wednesday)
     Payment due date	June 25, 2008 (Wednesday)
12.Lead managing underwriter
			Nikko Citigroup Limited 
			Daiwa Securities SMBC 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.