September 11, 2019

NOTICE OF RESULTS OF STOCK REPURCHASE THROUGH OFF-AUCTION OWN SHARE REPURCHASE TRADING SYSTEM (ToSTNeT-3) AND CONCLUSION OF STOCK REPURCHASES

Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that it repurchased shares of its common stock today, pursuant to the announcement made on September 10, 2019, as described below.

The stock repurchase authorized at the board of directors' meeting held on August 6, 2019 has been completed with today's repurchase.

1.Reason for Stock Repurchase:

To improve capital efficiency and enhance shareholder returns.

2.Details of Repurchase:

(1) Class of shares repurchased	Common stock
(2) Total number of shares repurchased	48,980,000 shares
(3) Aggregate repurchased amount	251,071,480,000 yen
(4) Date of repurchase	September 11, 2019
(5) Method of repurchase	Through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)

(For reference)

Details of the resolution approved at the board of directors' meeting held on August 6, 2019 (as announced on August 6, 2019):

(1) Class of shares to be repurchased	Common stock
(2) Total number of shares to be repurchased	Up to 53 million shares
(3) Aggregate repurchase amount	Up to 300 billion yen

Details of total shares repurchased following the approval of the resolution by the board of directors on August 6, 2019:

(1) Class of shares repurchased	Common stock
(2) Total number of shares repurchased	48,980,000 shares
(3) Aggregate repurchased amount	251,071,480,000 yen

For further inquiries, please contact:

asayoshi Inoue or Takayuki Kimura
Investor Relations Office
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
Contact us by email: https://www.ntt.co.jp/ir/form_e/ref_contact.html

Information is current as of the date of issue of the individual press release.
Please be advised that information may be outdated after that point.

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