FOR INFORMATION
May 26, 1999


NTT Acquires Own Stock



Nippon Telegraph and Telephone Corporation (NTT) decided at a meeting of its board of directors on May 26, 1999 to acquire 120,000 shares of its own stock at a par value worth 120 billion yen based on Item 2 of Article 212 of Japan's Commercial Law concerning profit write-offs.

The acquisition is expected to be approved at NTT's fourteenth Ordinary General, Meeting of Shareholders scheduled for Tuesday, June 29, 1999.




For further information, please contact:

Tomoyoshi Kosugi or Kenya Nakatsuka
NTT Public Relations
Telephone: (03) 3509-3101




News Release Mark
NTT NEWS RELEASE