SUPPLEMENTAL NISSAN NEWS　　　 From: Corporate Communications Dept.
A30-SN-8091 Date: December 1, 1998

On Establishment of “IMT-2000,” a Planning Company for
a Next-Generation Mobile Telecommunication System

Japan Telecom Co., Ltd.
Nissan Motor Co., Ltd.
AirTouch International

Tokyo ... Japan Telecom, Nissan Motor, and AirTouch International announced today that they have jointly established the “IMT-2000,” a new planning company for a next-generation mobile telecommunication system.

The new company has been established with the aim of starting up business to provide services using the W-CDMA (Wide band-Code Division Multiple Access), which is vying to become a unified global standard, following experiments with this new system conducted by Japan Telecom and Nissan Motor to date. To this end, it will undertake feasibility studies and make preparations with a view to filing an application for approval with the Ministry of Posts and Telecommunications in line with the Ministry’s policies.

This planning company will evolve into a business operating company when all the preparations have been completed.

Outline of the New Company
Name: IMT-2000 Planning Co., Ltd.
Location: Chuo-ku, Tokyo
Capital: \200 million
President: Kouichi Sakata (Chairman of Japan Telecom Co., Ltd.)
Main activities:
Feasibility studies on IMT-2000 business
Market research
Planning for practical experiments with the IMT-2000
Established: November 30, 1998
Stockholders and their equity interest:
Japan Telecom Co., Ltd. (40%)
Nissan Motor Co., Ltd. (34%)
AirTouch International (26%)

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Contact: Japan Telecom Co., Ltd.
Public Relations Department, Mitsuhiro Kurano
Tel: 81-3-5540-8017, E-mail: mitskura@japan-telecom.co.jp

Nissan Motor Co., Ltd
Corporate Communications Department, Foreign Media Section
Tel: 81-3-5565-2147