Nippon Telegraph and Telephone Corporation
November 24, 1999
NTT's Shares and Shareholders (as of September 30, 1999)
1. Classification of Shareholders

| Note:1 |
"Other Domestic Corporations" includes 2,326 shares under the name of Japan Securities Depository Center, and "Odd-Lot Shares" includes 0.72 shares under the name of Japan Securities Depository Center.
|
| 2 |
"Domestic Individuals, etc." includes 73 shares of treasury stock, and "Odd-Lot Shares" includes 0.19 shares of treasury stock. The actual number of treasury stocks at the end of March 31, 1999 was 40.19. |
| 3 |
The number of shareholders who own only odd-lot shares is 211,991. |
2. Classification by Number of Shares

| Note:1 |
"At Least 1,000" includes 2,326 shares under the name of the Japan Securities Depository Center, and "Odd-Lot Shares" includes 0.72 shares under the name of Japan Securities Depository Center.
|
| 2 |
"At Least 100" includes 73 shares of treasury stock, and "Odd-Lot Shares" includes 0.19 shares of treasury stock. |
3. Principal Shareholders
| Name | Share Holdings | Percent of Total Shares Issued |
| The Minister of Finance |
| State Street Bank and Trust Company |
| The Sumitomo Trust & Banking Co., Ltd. |
| NTT Employee Share-Holding Association |
| The Chase Manhattan Bank, N.A. London |
| The Mitsubishi Trust and Banking Corporation |
| Boston Safe Deposit PSDT, Treaty Clients Omnibus |
| The Chase Manhattan Bank, N.A. London SL Omnibus Account |
| Nippon Life Insurance Company |
| The Chuo Trust & Banking Co., Ltd. |
|
| 9,369,082.26 |
| 205,023.00 |
| 177,043.00 |
| 142,690.22 |
| 133,701.00 |
| 127,807.00 |
| 89,666.00 |
| 86,212.00 |
| 85,707.68 |
| 76,656.00 |
|
| 59.06 |
| 1.29 |
| 1.12 |
| 0.90 |
| 0.84 |
| 0.81 |
| 0.57 |
| 0.54 |
| 0.54 |
| 0.48 |
| | Total |
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