February 5, 2009 [U.S. GAAP] Financial Results Release For the Nine Months Ended December 31, 2008 Name of registrant: Nippon Telegraph and Telephone Corporation Code No.: 9432 (URL http://www.ntt.co.jp/ir/) Stock exchanges on which the Company's shares are listed: Tokyo, Osaka, Nagoya, Fukuoka and Sapporo Representative: Satoshi Miura, President and Chief Executive Officer Contact: Koji Ito, Head of IR, Finance and Accounting Department/ TEL (03) 5205-5581 Scheduled date of filing quarterly securities report: February 6, 2009 1.  Consolidated Financial Results for the Nine Months Ended December 31, 2008 (April 1, 2008 - December 31, 2008) Amounts are rounded off to nearest million yen. (1)  Consolidated Results of Operations (2)  Consolidated Financial Position 2.  Dividends 3.  Consolidated Financial Results Forecasts for the Year Ending March 31, 2009 (April 1, 2008 - March 31, 2009) 4.  Others (1) Change in significant consolidated subsidiaries (which resulted in changes in scope of consolidation): None (2) Adoption of accounting which is simplified or exceptional for quarterly consolidated financial statements: None (3) Change in significant accounting principles, procedures and presentation in quarterly consolidated financial statements   (i) Change due to revision of accounting standards and other regulations: Yes (ii) Others: None (For further details, please see "4. Others".) (4) Number of shares outstanding (common stock) 1. Number of shares outstanding (including treasury stock):   December 31, 2008 : 15,741,209 shares March 31, 2008 :   15,741,209 shares 2. Number of treasury stock:   December 31, 2008 : 2,444,680 shares March 31, 2008 :   2,102,471 shares 3. Weighted average number of shares outstanding:   For the nine months ended December 31, 2008: 13,522,199 shares For the nine months ended December 31, 2007:   13,812,813 shares * Explanation for forecasts of operation and other notes: With regard to the consolidated financial results forecasts, please refer to here. With regard to the assumptions and other related matters concerning the above estimated results, please refer to 3. Qualitative Information Relating to Consolidated Results Forecasts and Assumptions and other related matters concerning the above estimated results. The amounts in the nine months ended December 31, 2007 have been changed from those previously released. See "(7) Retroactive application of equity method for an investee". (Reference) Forecasts of Consolidated Business Results and Dividends Not Reflecting Stock Split With the implementation of the "Law for Partial Amendments to the Law Concerning Book-Entry Transfer of Corporate Bonds and Other Securities for the Purpose of Streamlining the Settlement of Trades of Stocks and Other Securities (Law No. 88 of 2004)" ("Settlement Streamlining Law"), on January 5, 2009, share certificates of listed companies were converted to electronic form. The introduction of the electronic share certificate system required that fractional shares be eliminated. In order to provide for a smooth transition away from the fractional share system, the board of directors, at their meeting held May 13, 2008, resolved that, subject to approval of the introduction of the unit share system at the 23rd general shareholders meeting and the approval of the Minister of Internal Affairs and Communications, on the day immediately preceding the implementation date of the electronic share certificate system, one share of common stock be split into 100 shares, and the number of shares constituting one unit be set at 100. Without taking into account the stock split, forecasts for consolidated financial results and dividends for such period would be as follows: 1.  Consolidated Financial Results Forecasts for the Year Ending March 31, 2009 (April 1, 2008 - March 31, 2009) 2.  Dividends Forecasts for the Year Ending March 31, 2009 Copyright (c) 2009 Nippon telegraph and telephone corporation