| May 14, 2004 NTT Communications Corporation |
| NON-CONSOLIDATED STATEMENT OF INCOME (Based on accounting principles generally accepted in Japan)  PROPOSAL OF APPROPRIATION OF UNAPPROPRIATED RETAINED EARNINGS (Based on accounting principles generally accepted in Japan)  FORECASTS FOR THE FISCAL YEAR ENDING MARCH 31, 2005 (Based on accounting principles generally accepted in Japan)  BREAKDOWN OF OPERATING REVENUES AND OPERATING EXPENSES (Based on accounting principles generally accepted in Japan)  |
BALANCE SHEET
(Based on accounting principles generally accepted in Japan)
CASH FLOWS
(Based on accounting principles generally accepted in Japan)
