Consolidated Subsidiaries and Equity-method Affiliates
As of March 31, 2008

Main Consolidated Subsidiaries
CompanyCapital(¥ million)

Business(%)

FY2007 Net sales(¥ million)[% of outside sales]

Operatingincome(¥ million)

Equity owned
by Tokyo Gas

Tokyo Gas Urban Development Co., Ltd. Real estate leasing, management and brokerage, etc.

11,530100.033,013 [33.5]

7,043

Tokyo Gas Toyosu Development Co., Ltd. Real estate leasing and management

5,000

100.0

657 [97.2]

204

Nagano Toshi Gas Co., Ltd.

Gas Supply in Nagano

3,800

89.2

11,909 [100.0]

586

ENERGY ADVANCE Co., Ltd.

Energy service, district heating and cooling, cogeneration orders and maintenance businesses

3,000100.0

52,872 [94.5]

1,501

Gastar Co., Ltd.

Production, sales and maintenance of gas appliances

2,45066.7

29,655 [43.7]

1,146Tokyo LNG Tanker Co., Ltd.

LNG and LPG transportation and chartering of carriers

1,200

100.0

11,549 [20.6]

1,606

Tokyo Gas Energy Co., Ltd.

Sales of liquefied petroleum gas (LPG)

1,000

100.0

36,531 [81.7]

21Capty Co., Ltd.

Installation of gas supply lines, water supply and lines and air conditioningsystems, new construction, construction of gas mains and branch lines

1,000100.0

58,130 [36.0]

1,376Tokyo Gas Chemicals Co., Ltd.

Sales of gas for industry and chemicals and development of LNG cryogenetic utilization technology

1,000100.0

20,226 [73.2]

609

Park Tower Hotel Co., Ltd.

Management of Hotel “Park Hyatt Tokyo” and restaurants

1,000

100.0

9,589 [96.6]–41

Chiba Gas Co., Ltd.

Supply of gas to Yachiyo City, Narita City andsurrounding cities

480

100.0

16,332 [97.4]

1,116

TG Credit Services Co., Ltd.

Leasing of information equipment, gas appliances and officeequipment, and credit administration connected with installations

450100.0

9,188 [65.7]

723

Tokyo Oxygen and Nitrogen Co., Ltd.

Production and sales of liquefied oxygen, nitrogen andgas for medical use

40054.0

2,135 [43.2]

224

TG Information Network Co., Ltd.

Information processing services, software development and sales of computer equipment, etc.

400

100.0

18,977 [14.2]

605

Tsukuba Gakuen Gas Co., Ltd.

Supply of gas in Tsukuba City

280

100.0

7,681 [97.8]

456

TG Enterprise Co., Ltd.

Financial administration and building leasing for TokyoGas and related companies

200100.0723 [41.7]

341

Tokyo Gas Engineering Co., Ltd.

Comprehensive engineering services with a particularfocus on energy-related work

100

100.0

33,678 [76.3]

928

Tokyo Gas Customer Service Co., Ltd. Periodic safety checks, meter and billing services

50

100.0

6,677

[2.1]

366

Gas facilities construction, gas appliance sales andmaintenance

50

100.0

7,833 [72.7]

112

Capty-Livelic Co., Ltd.

Notes: Consolidated subsidaries comprise 55 companies as of the end of March 2008.

Other Subsidiaries

TOKYO GAS AUSTRALIA PTY LTD, Tokyo Gas International Holdings B. V.,
Tokyo Gas Bajio B. V., Tokyo Gas Darwin LNG Pty Ltd,Tokyo Gas Yokosuka Power Co., Ltd., Tachikawa Urban Center Co., Ltd.,
Living Design Center Co., Ltd., Tokyo Gas Baypower Co., Ltd.,TOKYO GAS-MITSUI&CO. HOLDINGS SDN. BHD., TG Showa Co., Ltd.,Tokyo Carbonic Co., Ltd., Tokyo Gas Pluto Pty Ltd,
Japan Super Freeze Co., Ltd., Miho Gas Co., Ltd., Shoei Gas Co., Ltd.,Tokyo Gas Auto Service Co., Ltd., TG Telemarketing Co., Ltd.,Tokyo Gas LPG Terminal Co., Ltd., Kawasaki Gas Pipeline Co., Ltd.,Tokyo Gas Remodeling Co., Ltd., Washimiya Gas Co., Ltd.,Urban Communications, Inc., Tochigi Gas Co., Ltd.,Tokyo Gas Techno-Service Co., Ltd., Tokyo Gas Building Service Co., Ltd.,Showa Bussan Co., Ltd., Tosetz Co., Ltd., Tokyo Kiko Co., Ltd.,Capty Customer Service Co., Ltd., TK Customer Service Co., Ltd.,
Enelife Carieer Co., Ltd., Showa Unyu Co., Ltd.,Tokyo Gas Plant Tech Co., Ltd., Tokyo Rare Gases Co., Ltd.,Tokyo Auto Gas Co., Ltd., Capty Tech Co., Ltd.

Equity-method Affiliates

TOKYO TIMOR SEA RESOURCES INC.
GAS MALAYSIA SDN. BHD.

Bajio Generating VOF
East Japan Housing Evaluation Center Co., Ltd.

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