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Press Release 2010

Chubu Electric Power Issuing 495th Corporate Bonds (Domestic Corporate Straight Bonds)

June 4, 2010

Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 6-year domestic corporate straight bonds (495th issue, worth 30 billion yen) and has begun accepting applications today.

The following is an overview of issue conditions.

 

Details

 

1. Amount issued

30 billion yen

2. Denominations

1 million yen (One denomination only)

3. Coupon rate

0.638%/year

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.638%/year

6. Period (payback date)

6 years (June 24, 2016)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

June 25 and December 25 of each year

9. Payment receipt date (Issue date)

June 11, 2010

10. Subscriptions accepted from

June 4, 2010

11. Subscription procedure

Public offering

12. Purpose of funds

Equipment funding, payback of loans, payback of corporate bonds

13. Security

Ordinary security under Electric Utility Law

14. Bond administrators

Sumitomo Mitsui Banking Corporation (Lead), Mizuho Corporate Bank, Ltd., and Bank of Tokyo-Mitsubishi UFJ, Ltd.

15. Underwriters

An underwriting group of eight companies, jointly managed by Mizuho Securities Co., Ltd., Daiwa Securities Capital Markets Co. Ltd. and Nikko Cordial Securities Inc.

16. Transfer organization

Japan Securities Depository Center, Inc.