Nippon Telegraph and Telephone Corporation

May 14, 2004


Consolidated Financial Results for the Year ended March 31, 2004
Consolidated Financial Results for the Year ended March 31, 2004
- Consolidated Results of Operations
- Operating Performance of NTT and Its Major Subsidiaries
- Consolidated Financial Results Forecasts for the Year Ending March 31, 2005
- Reference

Non-Consolidated Financial Results for the Year Ended March 31, 2004
- Operating Results
- Proposal for Appropriation of Unappropriated Retained Earnings
- Forecasts for the Year Ending March 31, 2005


Consolidated Financial Results Release
For the Year Ended March 31, 2004 [U.S. GAAP]
Consolidated Financial Results Release
For the Year Ended March 31, 2004 [U.S. GAAP]
[Reference]
1. Status of the NTT Corporate Group
Organizational Chart of the NTT Group
2. Business Operation Policy
3. Business Results and Financial Conditions
4. Consolidated Balance Sheets
5. Consolidated Statements of Income
6. Consolidated Statements of Shareholders' Equity
7. Consolidated Statements of Cash Flows
8. Business Segments(Consolidated)
9. Leases(Consolidated)
10. Related Party Transactions(Consolidated)
11. Income Taxes(Consolidated)
12. Securities(Consolidated)
13. Financial Instruments(Consolidated)
14. Employees' Severance Payments(Consolidated)
15. Other
(reference1) Number of Subscribers of Major Services
(reference2) Average monthly revenue per unit (ARPU)

Non-consolidated Financial Results Release
For the Fiscal Year Ended March 31, 2004 [Japanese GAAP]
1. Non-Consolidated Comparative Balance Sheets
2. Non-Consolidated Comparative Statements of Income
3. Proposal for Appropriation of Unappropriated Retained Earnings
4. Non-Consolidated Comparative Statements of Cash Flows
5. Leases
6. Securities
7. Income Taxes
8. NTT's New Board of Directors
Attachment NTT's Shares and Shareholders (as of March 31, 2004)


NTT NEWS RELEASE

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