The Tokyo Electric Power Company (the "Company") hereby notifies all
interested parties that the Company has issued its 515th domestic straight
corporate bond. The terms of the issue are as follows:

The terms of the issue
1.  Name of the bond             The Tokyo Electric Power Company 515th
                                 Domestic Straight Corporate Bond
                                  (with general mortgage)
2.  Aggregate amount             50 billion Yen
3.  Date of issue                Feb 10, 2005
4.  Coupon rate                  1.435% of par value per annum
5.  Issue price                  100 yen per par value of 100 yen 
6.  Mortgage                     General mortgage
7.  Interest payment date        Every Feb 10 and Aug 10
8.  Redemption date              Feb 10, 2015
                                  (10-year period: bullet maturity)
9.  Yield on the bond            1.435% per annum
10. Denomination value           1 million yen
11. Schedule
     Announcement date           Jan 21, 2005 (Fri)
     Offering period             Jan 21, 2005 (Fri)
     Payment due date            Feb 10, 2005 (Thu)
12. Lead managing underwriter    Daiwa Securities SMBC Co.Ltd.
                                 BNP Paribas Securities 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.