Announcement of progress of Share-buyback from the market [KEPCO]

Press Releases & News

2005

November 28,2005
The Kansai Electric Power Co., Inc. (Code: 9503)
6-16 Nakanoshima 3-chome, Kita-ku, Osaka
(URL https://www.kepco.co.jp)

Company Representative:: Shosuke Mori, President and Director
Contact:: Yasushi Sugimoto, General Manager, Office of Financing and Accounting

Announcement of progress of Share-buyback from the market

Kansai Electric Power Co., Inc. (the Company) announces progress of an ongoing share-buyback program from the market pursuant to Article 211-3, Paragraph 1, Item 2 of Japanese Commercial Code. The details are as follows:

1. Period of repurchase: November 9, 2005 through November 25, 2005

2. Number of shares repurchased: 4,650,000 shares

3. Aggregate purchase amount: 11,857,377,000 yen

4. Method of repurchase: Purchase via Tokyo Stock Exchange

(Reference)Detail of the share-buyback program agreed at the board meeting on November 7, 2005

Class of shares to be repurchased: Kansai Electric ordinary shares

Maximum number of shares: 5,750,000 shares

Maximum amount of repurchase: 15,000 million yen

Cumulative total of shares repurchased as of November 25, 2005
	Number of shares repurchased:4,650,000 shares
	Repurchase amount 11,857,377,000 yen