RNS Number:2079J
Chubu Electric Power Co, Inc
26 March 2003

Notice Concerning Issuance of Bond and Notes

Chubu Electric Power Company, Incorporated


We hereby announce that Chubu Electric Power Company, Incorporated has launched
10-year 462nd domestic straight corporate bonds. The conditions of issuance are
as follows:

1.       Aggregate amount
                                                    30 billion yen

2.       Denomination                               1 million yen and 100 million yen
                                                    

3.       Coupon rate                                0.90%
                                                    

4.       Issue price                                100 yen par value 100 yen
                                                    

5.       Subscribers yield                          0.900%
                                                    

6.       Maturity date                              25th March 2013 (10 years)
                                                    

7.       The way of redemption                      Redemption at par(bullet bond)
                                                    

8.       Interest payment date                      25th March and 25th September every year
                                                    

9.       Issue date(Payment date)                   25th March 2003
                                                    

10.      Offering period                            27th February 2003
                                                    

11.      Offering method                            Public offering
                                                    

12.      Use of proceeds                            The net proceed of bonds will be used for investment in plant and
                                                    equipment

13.      Security or Guarantee                      These bonds are secured by a statutory preferential right over its
                                                    entire property and are not guaranteed.

14.      Trustee Bank                               Sumitomo Mitsui Banking Corporation (representative), Mizuho
                                                    Corporate Bank Ltd, UFJ Bank Limited.

15.      Underwriters                               Underwriting group including Daiwa Securities SMBC Co. Ltd.
                                                    (bookrunner) and Merrill Lynch Japan Securities Co.,Ltd.

Notice Concerning Issuance of Notes

Chubu Electric Power Company, Incorporated


    We hereby announce that Chubu Electric Power Company, Incorporated has launched Euroyen fixed rate notes. The
    conditions of issuance are as follows:


    2,000,000,000 yen notes due 2006 at a coupon of 0.19% issued on 30th January 2003


    1,000,000,000 yen notes due 2005 at a coupon of 0.10% issued on 20th February 2003


    1,000,000,000 yen notes due 2005 at a coupon of 0.09% issued on 24th February 2003


    1,000,000,000 yen notes due 2005 at a coupon of 0.10% issued on 25th February 2003


    1,000,000,000 yen notes due 2005 at a coupon of 0.095% issued on 24th March 2003


    These notes are secured by a statutory preferential right over its entire property and are not guaranteed.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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