RNS Number:8603K
Chubu Electric Power Co, Inc
08 May 2003

Notice Concerning Issuance of Bonds and Notes

Chubu Electric Power Company, Incorporated


    We hereby announce that Chubu Electric Power Company, Incorporated has
    launched 10-year 463rd and 464th domestic straight corporate bonds. The
    conditions of issuance are as follows:

(463rd domestic straight corporate bonds)


    1. Aggregate amount 30 billion yen

    2. Denomination 1 million yen and 100 million yen

    3. Coupon rate 0.82%

    4. Issue price 100 yen par value 100 yen

    5. Subscribers yield 0.820%

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

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

    8. Interest payment date 25th April and 25th October every year

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

    10. Offering period 31st March 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 Mizuho Securities Co.,Ltd
    (bookrunner) and Mitsubishi Securities Co.,Ltd.

(464th domestic straight corporate bonds)


    1. Aggregate amount 30 billion yen

    2. Denomination 1 million yen and 100 million yen

    3. Coupon rate 0.73%

    4. Issue price 100 yen par value 100 yen

    5. Subscribers yield 0.730%

    6. Maturity date 24th May 2013 (10 years)

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

    8. Interest payment date 25th May and 25th November every year

    9. Issue date(Payment date) 9th May 2003

    10. Offering period 24th April 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 Nikko Citigroup Limitd
    (bookrunner) and Goldman Sachs(Japan)Ltd.


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

YEN 5,000,000,000 notes due 2013 at a coupon of 0.76% issued on 7th May 2003
YEN 2,000,000,000 notes due 2013 at a coupon of 0.09% issued on 12th May 2003

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




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