News Release

May 13, 2003

Settlement for Fiscal Year Ending March 31, 2003

The results of Nippon Telegraph and Telephone East Corporation (NTT East) for fiscal 2002 are presented in the order indicated on the attachment.

1. Summary of Results
2. Non-consolidated Balance Sheet
3. Non-consolidated Statement of Income
4. Non-consolidated Statement of Cash Flows
5. Proposal of Appropriation of Unappropriated Retained Earnings
6. Business Results (Non-consolidated Operating Revenues)
7. New Board of Directors

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