Press Release Back Number(2007)

Chubu Electric Power Issuing 484th Corporate Bonds
(Domestic Corporate Straight Bonds)

September 13, 2007
Chubu Electric Power Co., Inc.

Chubu Electric has decided to issue seven-year domestic corporate straight bonds (484th issue, worth 20 billion yen) and began accepting applications today.

Following is an overview of issue conditions.



Details

1. Amount issued:

20 billion yen


2. Denominations:

1 million yen (one denomination only)


3. Coupon rate:

1.41% annually


4. Cost (issue value):

99.94 yen per par value of 100 yen


5. Subscriber yield:

1.419% annually


6. Period (payback date):

7 years (August 25, 2014)


7. Payback schedule:

Lump-sum payment at end of period


8. Interest disbursements:

March 25 and September 25 of each year


9. Payment receipt date (issue date):

September 25, 2007


10. Subscriptions accepted from:

September 13, 2007


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.
Bank of Tokyo-Mitsubishi UFJ, Ltd.


15. Underwriters:

An underwriting group of nine companies,
jointly managed by Mizuho Securities Co., Ltd. and Merrill Lynch Japan Securities Co., Ltd.


16. Transfer organization:

Japan Securities Depository Center, Inc.