NTT Com joins new submarine cable consortium linking Asia, US

Tokyo - Kyodo JBN-AsiaNet - NTT Communications (NTT Com) today announced that it signed a construction and maintenance agreement to participate in a consortium building a new optical fiber cable system - the Trans-Pacific Express Cable Network (TPE) - that will link Japan, Mainland China, South Korea, Taiwan and the United States.

TPE, a new submarine cable network that will use cutting-edge technology, is being built jointly by a consortium that now consists of NTT Com, AT&T, China Netcom (CNC), China Telecom (CT), China Unicom, Chungwha Telecom (CHT), KT and Verizon Business (Verizon).

In the fourth quarter of 2006 the six original consortium parti, cipants - CNC, CT, China Unicom, CHT, KT and Verizon - began constructing the southern route, which will direct link the United States and Asia, including Mainland China, South Korea and Taiwan, when it is scheduled to become operational in August 2008. The northern route transiting Japan will be developed under the project's second phase; the Japan-Asia section will become operational during the first quarter of 2009, followed by the Japan-U.S. section, completion of which is expected in early 2010.

The cable network will be more than 18,000 kilometers in length and have a maximum transmission capacity of 5.12 terabits per second.

NTT Com will establish and fully manage a new landing station in Japan at a site located near the Tokyo metropolitan area. The landing station will provide flexible connectivity to other major submarine cables in the region.

International communication-related traffic - such as Internet, voice, video and data - has been growing at an exceptional rate over the past few years. TPE will enhance NTT Com's existing ability to provide international capacity within the Asia-Pacific and trans-Pacific markets. NTT Com continues to deliver reliable services and meet customer's increasing demand for voice, video, and data communication.

About NTT Communications
NTT Communications Corporation (NTT Com) provides information and communications technology (ICT) solutions worldwide with dedicated professionals stationed in 21 countries. Renowned as an IPv6 technology pioneer and managed service expert, NTT Com offers diverse high-quality IP, Web-based, and managed network solutions combining network management, security, ubiquitous, Web portals engines, and global services. Its world-class Tier 1 Internet backbone and secure closed networks with over 98,000 MPLS ports, combined with the networks of partner companies around the world, connect more than 200 countries. The company earned non-consolidated revenues exceeding one trillion yen (about 10 billion USD) in fiscal 2006 ended March 31, 2007. NTT Com started as a long-distance phone company in 1999 after the reorganization of the NTT Group, and is the wholly-owned subsidiary of NTT, one of the world's largest telecommunications companies. NTT is listed in Japan, London and New York stock exchanges. Please visit www.ntt.com

Source: NTT Communications Corporation
Contact: Go Akimoto or Shihoko Kato Global Business Division, NTT Communications
Tel. +81-3-6800-4500 Email: marketing-gl@ntt.com

Visa Inc launches third-largest IPO in history of NYSE

New York - Today, Visa Inc., the world's largest retail electronic payment network, began trading on the New York Stock Exchange under the ticker symbol "V" after its historic initial public offering in which it raised $17.86 billion.

Visa's IPO is the largest domestic initial public offering in U.S. history and the third largest initial public offering worldwide.

"Visa is a great addition to our listed company family, and an outstanding global brand," said Duncan L. Niederauer, CEO, NYSE Euronext.

"We look forward to a beneficial and lasting partnership with Visa and to providing the company and its shareholders with the highest levels of service, liquidity and market quality."

To mark the occasion, Visa's Chairman and CEO Joseph W. Saunders rang The Opening Bell and was joined on the trading floor by 30 middle school students from the Kappa V School in Brooklyn, NY.

The students were on hand to view the first public trade of Visa shares, which Saunders personally conducted on behalf of the Teach for America Program, the national corps of top college graduates who commit two years to teach in rural and urban public schools.

Visa Inc. is the largest initial public offering in the United States followed by AT&T Wireless Services Inc., which raised $11.2 billion on April 26, 2000.

Visa is also the third-largest initial public offering in history preceded by Industrial & Commercial Bank of China, which raised $21.9 billion on October 20, 2006 and NTT Mobile Communications Network Inc., which raised $18.4 billion on October 12, 1998.

About Visa Inc.

Visa Inc. operates the world's largest retail electronic payments network providing processing services and payment product platforms.

This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries.

About NYSE Euronext NYSE Euronext (NYX) operates the world's leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation.

Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms.

NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions.

NYSE Euronext's nearly 4,000 listed companies represent a combined $30.5 trillion/20.9 trillion in total global market capitalization (as of Dec. 31, 2007), more than four times that of any other exchange group.

NYSE Euronext's equity exchanges transact an average daily trading value of approximately $141 billion/103 billion (as of Dec. 31, 2007), which represents more than one-third of the world's cash equities trading.

NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.

NYSE EuronextJudy Shaw, 212-656-4290 jshaw@nyx.com