Notice regarding Schedule of Voluntary Delisting of American Depositary Receipts ("ADRs") from the New York Stock Exchange ("NYSE")

1.Reasons for the Application for Voluntary Delisting of ADRs from the NYSE

In September 1994, NTT listed its ADRs on the NYSE in order to improve convenience for overseas investors and increase its capital raising options. Since then, NTT has been focused on proactive information disclosure by meeting its reporting obligations under the U.S. Securities Exchange Act of 1934 ("Exchange Act"), preparing consolidated financial statements in accordance with U.S. Generally Accepted Accounting Principles and establishing internal controls in accordance with the Sarbanes-Oxley Act of 2002.

Subsequently, the Japanese stock markets have become increasingly globalized and the stock market environment, generally, has undergone significant changes, such as the revision of Japanese laws, regulations, and Japanese Accounting Standards, and a decrease in regulatory differences between Japan and the United States with respect to disclosure and internal control requirements. These changes, compared to when NTT first listed its ADRs on the NYSE over 20 years ago, have made the Japanese stock markets more accessible to U.S. investors and have led to a drastic increase in stock trading by overseas investors in the Japanese market.

In light of these changes in the Japanese stock market environment, NTT has decided to file an application for voluntary delisting from the NYSE, as the necessity to remain listed on the NYSE has decreased while the costs associated with being an NYSE-listed company have increased.

2.Stock Exchange on which NTT will maintain its listing

Tokyo Stock Exchange

3.Implementation Schedule of Application for Voluntary Delisting of ADRs from the NYSE

*The schedule provided above including the anticipated effective dates may be delayed if the SEC objects to the delisting or requests an extended review or for other reasons.

5.Contact Information for Inquiries Regarding NTT's ADRs:

JPMorgan Service Center (United States)

Tel	:	1-800-990-1135 (toll free within the United States) 1-651-453-2128 (from outside the United States)
Website	:	www.adr.com
E-mail	:	jpmorgan.adr@wellsfargo.com

(Business hours: Mon. - Fri., 7:00 a.m. to 7:00 p.m. (U.S. Eastern Standard Time))

*Those holding ADRs through a bank, broker or other nominee should contact such bank, broker or nominee with any questions.

*Those holding ADRs in Registered Form directly with the depositary bank may contact the JPMorgan Service Center with their account number for identification purposes.