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 528th 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 
                           528th Domestic Straight Corporate Bond
                           (with general mortgage)
2.  Aggregate amount       50 billion yen
3.  Date of issue          June 13, 2007
4.  Coupon rate            1.905%
5.  Issue price            100 yen per par value of 100 yen
6.  Mortgage               General Mortgage
7.  Interest payment date  June 13 and December 13 every year
8.  Redemption date        June 13, 2019
                           (12-year period: bullet maturity)
9.  Yield on the bond      1.905%
10. Denomination value     1 million yen
11. Schedule
     Announcement date     May 22, 2007 (Tuesday)
     Offering period       May 22, 2007 (Tuesday)
     Payment due date      June 13, 2007 (Wednesday)
12. Lead managing underwriter
                           Nomura Securities Co., Ltd.
                           Nikko Citigroup Limited
                           Goldman Sachs Japan 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.