44GS Stand.chart.19

RNS No 0871w
ELECTRIC POWER DEVELOPMENT COMPANY LIMITED


OFFERING CIRCULAR

                      Electric Power Development Co., Ltd.

                             Tokyo, Japan
                            EUR 250,000,000

                 4.875 per cent. Guaranteed Bonds due 2006
irrevocably and unconditionally guaranteed as to payment of principal and
                           interest by Japan 
                 
                      Issue Price:  99.849 per cent.

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

EURPBUWUBBGBGCM

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