NPN Nippon Tel.& T.

RNS Number:8139Q
Nippon Telegraph and Telephone Corp
05 September 2005

                                                               September 5, 2005



              Notice of repurchase of NTT shares through ToSTNeT-2



Nippon Telegraph and Telephone Corporation ("NTT") has decided the following
specific method of repurchase of its own shares pursuant to Article 210 of the
Japanese Commercial Code:


   1.    Method of repurchase



NTT will place purchase orders for its own shares through brokerages at the
closing price trading on the Tokyo Stock Exchange Trading Network System (i.e.,
ToSTNeT-2) in the 8:45 am session on September 6, 2005 with the closing price of
its common stock traded on the first section of the Tokyo Stock Exchange market
on September 5, 2005 (483,000 yen).


   2.    Details of repurchase



(1) Class of shares to be repurchased: Common stock



(2) Number of shares to be repurchased: 1,242,236 shares


  (Note 1)    The number of shares to be repurchased will not change. Depending 
              on the market conditions, however, there may not be any purchase 
              or only partial purchases may be made by NTT.


   (Note 2)  The purchase will be conducted by the use of the equivalent number 
             of sell orders to the planned purchase orders.


   3.    Announcement of repurchase



NTT will announce results of the purchase of its own shares after completion of
repurchase at 8:45 am on September 6, 2005.





(Further Information)



The resolutions on repurchase of NTT shares decided by the shareholders at the
20th ordinary general meeting on June 28, 2005 were as follows:



(1) Class of shares: Common stock



(2) Number of shares to be repurchased: 1,250,000 shares (maximum)



(3) Total value of shares to be repurchased: 600 billion yen (maximum)


                                 For inquiries, please contact:
                                 Investor Relations Office
                                 Department IV
                                 Nippon Telegraph and Telephone Corporation
                                 Attn: Shioyama (Mr.) or Hanaki(Mr.)
                                 Tel: 03-5205-5581
                                 E-mail: investors@hco.ntt.co.jp


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

POSUVOWRVNRKRRR

Nippon Tel.& T. (LSE:NPN)
Historical Stock Chart
From Jun 2024 to Jul 2024

Nippon Tel.& T. (LSE:NPN)
Historical Stock Chart
From Jul 2023 to Jul 2024