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Comment in Response to the Yomiuri Shimbun (Newspaper) (Front Page on the Morning Edition) Article "Tokyo Gas to Invest in TEPCO" (September 28)

September 28, 2012
Tokyo Electric Power Company

On the front page of the Yomiuri Shimbun (Newspaper) morning edition on September 28, 2012, it says "Tokyo Gas to invest in TEPCO". However, we have not yet developed the detailed replacement plan of our thermal power stations including Sodegaura Thermal Power Station, and what it says in the article has no basis in fact.

In accordance with our comprehensive special business plan and in consideration of power supply-demand situation, we will need to proactively replace the old thermal power generation equipments for improved efficiency. For the purpose of reducing investment in plant and equipment, we plan to seek competing bids for development and replacement of all thermal power generation equipments (except for the ones that are already being invested for). 

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