FOR IMMEDIATE RELEASE
July 13, 1999


Results of Acquisition of Treasury Shares


NTT announces that, today, it has made the following acquisition of treasury shares as declared by the company yesterday.


1.Reason for Acquisition: Distribution of profits.

2.

Type of Shares Acquired: NTT par-value common stock.

3.

Number of Shares Acquired: 48,898.

4.

Price: 1,500,000 yen

5.

Date of Acquisition: July 13, 1999

6.

Method of Acquisition: Purchased by the Tokyo Stock Exchange's ToSTNeT-2
(closing-price transaction)




For further information, please contact:

Kenya Nakatsuka
Press Relations
Nippon Telegraph and Telephone Corporation
Telephone: (03) 5205-5550
E-mail: k.nakatsuka@hco.ntt.co.jp



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