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The Kansai Electric Power Co., Inc. (Code: 9503)
6-16 Nakanoshima 3-chome, Kita-ku, Osaka
(URL http://www.kepco.co.jp)
Company Representative: Shosuke Mori, President and Director
Contact: Yasushi Sugimoto, General Manager, Office of Financing and Accounting
Tel: +81-6-6441-8821
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: |
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November 9, 2005 through November 25, 2005 |
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| 2. Number of shares repurchased: |
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4,650,000 shares |
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| 3. Aggregate purchase amount: |
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11,857,377,000 yen |
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| 4. Method of repurchase: |
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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: |
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Kansai Electric ordinary shares |
| Maximum number of shares: |
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5,750,000 shares |
| Maximum amount of repurchase: |
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15,000 million yen |
| Cumulative total of shares repurchased as of November 25, 2005 |
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Number of shares repurchased: |
4,650,000 shares |
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Repurchase amount |
11,857,377,000 yen |
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