Notice of Results and End of Share-buyback (Pursuant to the Articles of Incorporation and the provisions of Article 165, Paragraph 2 of the Companies Law) [KEPCO]

Press Releases & News

2007

November 22,2007
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:: Momosuke Ozuku, General Manager, Office of Financing and Accounting

Notice of Results and End of Share-buyback
(Pursuant to the Articles of Incorporation and the provisions of Article 165, Paragraph 2 of the Companies Law)

Kansai Electric Power Co., Inc. (the Company) announces that it has repurchased pursuant to Article 156 of the Company Law of Japan as applied pursuant to Article 165, Paragraph 3, as detailed below.
With this transaction, the Company has reached the maximum amount of repurchase as decided upon at the October 30, 2007 meeting of the Board of Directors.

1. Period of purchase

November 1 - 22, 2007

2. Number of shares purchased

7,494,900

3. Total purchase value

19,999,970,500 yen

4. Method of purchase

Purchased on open market on Tokyo Stock Exchange

(Reference)
1. Detail of decision of October 30, 2007 Board of Directors meeting

(1)	Class of shares to be repurchased:	Kansai Electric ordinary shares
(2)	Maximum number of shares:	8,000,000 shares (Representing 0.8% of total outstanding shares)
(3)	Maximum amount of repurchase:	20,000 million yen
(4)	Repurchase schedule	From November 1, 2007 to December 28, 2007