NTT DoCoMo, Inc. - Acquisition

RNS Number:2563M
NTT DoCoMo, Inc.
22 January 2008

For Immediate Release

NTT DoCoMo Increases Stake in Philippine Long Distance Telephone

TOKYO, JAPAN, January 22, 2008 --- NTT DoCoMo, Inc. announced today that during
the period from March 2007 through January 22, 2008 it raised its stake in
Philippine Long Distance Telephone Company (PLDT), the largest
telecommunications company in the Philippines, to 13.34% of the outstanding
common stock of PLDT. During this period, DoCoMo acquired 12,532,214 additional
shares of common stock of PLDT, or 6.64% of the outstanding common stock of
PLDT, for 86.7 billion Japanese yen, or approximately 760 million U.S. dollars.

The combined holdings of DoCoMo and NTT Communications Corporation, a sister
company in the NTT Group, are now 20.03% of the outstanding common stock of
PLDT.

DoCoMo, beginning with its initial acquisition of 12,633,486 shares of PLDT
(6.7% of the outstanding common stock of PLDT) from NTT Communications in March
2006, has been steadily increasing its stake as part of the building of its
comprehensive partnership with PLDT. The increased stake also enables DoCoMo to
book the investment using the equity method and reclassify PLDT as an affiliate.

The investment also strengthens DoCoMo's business tie-up with Smart
Communications, Inc. (SMART), PLDT's wholly-owned mobile communications
subsidiary. Working with SMART, DoCoMo intends to develop mutually beneficial
technologies and services, including international roaming between Japan and the
Philippines.

For further information, please contact:

Shuichiro Ichikoshi or Shinya Yokota

International PR

Public Relations Department

Tel: +81-3-5156-1366

Fax: +81-3-5501-3408

Website: www.nttdocomo.com

Inquiries may also be made through the following URL:

http://www.nttdocomo.com/contact

About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company. DoCoMo serves
over 53 million customers, including 40 million people subscribing to FOMA,
launched as the world's first 3G mobile service based on W-CDMA in 2001. DoCoMo
also offers a wide variety of leading-edge mobile multimedia services, including
i-mode TM, the world's most popular mobile e-mail/Internet service, used
by more than 47 million people. With the addition of credit-card and other
e-wallet functions, DoCoMo mobile phones have become highly versatile tools for
daily life. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM) and New York
(DCM) stock exchanges. For more information, visit www.nttdocomo.com.

i-mode and FOMA are trademarks or registered trademarks of NTT DoCoMo, Inc. in
Japan and other countries

NTT DoCoMo's FOMA service is only available to subscribers in Japan.

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related to this announcement:

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This information is provided by RNS
The company news service from the London Stock Exchange
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