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| November 28, 2007 Kyushu Electric Power Company Inc. |
| Conclusion of Sale and Purchase Agreement of LNG in Western Australia |
| Kyushu Electric Power Company Incorporated has discussed a contract extension on liquefied natural gas (LNG) sales with six sellers of LNG in Western Australia and concluded the Sale and Purchase Agreement (SPA) on November 28th, 2007.
This SPA applies to sales from April 2009 as the current contract to purchase approximately 1,050 thousand tons of LNG per year from the Western Australia LNG project will expire at the end of March 2009. The contract volume after this contract extension is approximately 700 thousand tons per year and the expanded contract in effect since last fiscal year accounts for approximately 500 thousand tons (average) per year. We will therefore purchase approximately 1,200 thousand tons of LNG per year from Western Australia in total. We believe this contract extension to purchase from Western Australia LNG project will contribute to our stable procurement of LNG considering its proven performance of stable supply of LNG to us in the past. The outline of the SPA concluded today and the signing ceremony are as follows. <Outline of Sale and Purchase Agreement>
<Outline of the signing ceremony>
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