Press Release Back Number(2007)

Chubu Electric Power Issuing 485th Corporate Bonds
(Domestic Corporate Straight Bonds)

November 6, 2007
Chubu Electric Power Co., Inc.

Chubu Electric has decided to issue ten-year domestic corporate straight bonds (485th issue, worth 20 billion yen) and began accepting applications today.

Following is an overview of issue conditions.


1. Amount issued:

20 billion yen

2. Denominations:

1 million yen (one denomination only)

3. Coupon rate:

1.77% annually

4. Cost (issue value):

99.93 yen per par value of 100 yen

5. Subscriber yield:

1.778% annually

6. Period (payback date):

10 years (November 24, 2017)

7. Payback schedule:

Lump-sum payment at end of period

8. Interest disbursements:

May 25 and November 25 of each year

9. Payment receipt date (issue date):

November 22, 2007

10. Subscriptions accepted from:

November 6, 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 Nomura Securities Co., Ltd. and BNP Paribas Securities Limited Tokyo Branch

16. Transfer organization:

Japan Securities Depository Center, Inc.