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Announcement of a one to five stock split

Financials
TOKYO, JAPAN, April 28, 1999 - NTT Mobile Communications Network, Inc. (the "Company") today announced that the following resolutions in respect of a stock split were adopted at the meeting of the Board of Directors of the Company held on April 28, 1999:

Description

  1. Each issued share of the Company's Common Stock, with no par value, shall be split into five shares effective as of September 13, 1999, as follows:
    1. Number of shares to be added due to the stock split
      The shares to be added shall be shares of the Company's Common Stock, with no par value, and the number of shares to be added shall be computed by multiplying the number of shares issued as of the close of business on June 30, 1999 by four.
    2. Procedure for the stock split
      For shares owned by shareholders who are registered on the register of shareholders or the register of beneficial shareholders as of the close of business on June 30, 1999, each such share shall be divided into five shares.

  2. First date of dividend accrual period:

    April 1, 1999

  3. The above-mentioned matters are subject to the shareholders' approval of the "partial amendment to the Company's Articles of Incorporation (change in the number of shares authorized to be issued by the Company)" at the 8th ordinary general meeting of shareholders of the Company to be held in late June, 1999.

Attachment

(For your information)

* The total number of issued shares after the proposed stock split will be 9,576,000.

* With respect to each shareholder who is registered on the register of shareholders, the Company will issue to such shareholder one or more share certificates representing the number of shares added due to the stock split. With respect to each beneficial shareholder who is registered on the register of beneficial shareholders, the number of shares added due to the stock split will be credited in both the register of beneficial shareholders and the customer account book maintained by the securities company or other relevant institution acting as participant in the central clearing system of share certificates.

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