October 15, 2003


Notice of results of repurchase of NTT shares


Further to the announcement made on October 14, 2003, Nippon Telegraph and Telephone Corporation today purchased its own shares under Article 210 of the Japanese Commercial Code. The details of the repurchase are as follows:

1.Class of repurchased shares: Common stock
2.Number of repurchased shares: 72,381 shares
3.Price of repurchased shares: 539,000 yen per share
4.Date of repurchase: October 15, 2003
5.Method of repurchase: Acquisition at the closing price trading on the Tokyo Stock Exchange Trading Network System (i.e., ToSTNeT-2).


(Further Information)

1. The resolutions on repurchase of NTT shares decided by the shareholders at the 18th ordinary general meeting on June 27, 2003 were as follows:
(1) Class of shares: Common stock
(2) Number of shares to be repurchased: 200,000 shares (maximum)
(3) Total value of shares to be repurchased: 100 billion yen (maximum)


2.The progress of repurchase to date
(1) Total number of repurchased shares: 72,381 shares
(2) Total value of repurchased shares: 39,013,359,000 yen




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


NTT NEWS RELEASE

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