DDT Dimension Data

 

TIDMNPN TIDMDDT 
 
RNS Number : 9934U 
Nippon Telegraph and Telephone Corp 
26 October 2010 
 
Not for release, publication or distribution, in whole or part, in, into or from 
any jurisdiction where to do so would constitute a violation of the relevant 
laws in that jurisdiction. 
 
                                                                 26 October 2010 
 
+-----------------+------------------+ 
| Company         | NIPPON TELEGRAPH | 
| Name:           | AND TELEPHONE    | 
|                 | CORPORATION      | 
+-----------------+------------------+ 
| Representative: | Representative   | 
|                 | Director and     | 
|                 | President        | 
|                 | Satoshi Miura    | 
+-----------------+------------------+ 
| (Code: 9432, Section 1 of the      | 
| stock exchanges of Tokyo,          | 
| Osaka and Nagoya, and the          | 
| stock exchanges of Fukuoka and     | 
| Sapporo)                           | 
+-----------------+------------------+ 
 
Dear Sirs, 
 
                Announcement Regarding a Change in Subsidiaries 
 
NIPPON TELEGRAPH AND TELEPHONE CORPORATION ("NTT") announced on 15 July 2010 the 
cash offer (the "Offer") for the entire issued and to be issued share capital of 
Dimension Data Holdings plc ("Dimension Data"). On 12 October 2010, NTT further 
announced that all the conditions of the Offer had  been satisfied or waived and 
the Offer had been declared wholly unconditional in all respects. 
 
We hereby announce that, as a result of the Offer, the settlement of the 
consideration for the Dimension Data shareholders and their designated 
representatives was completed on 25 October 2010 (London time) and that 
Dimension Data has become a consolidated subsidiary of NTT. 
As valid acceptances were received for more than 90% of Dimension Data's shares, 
NTT intends to make Dimension Data its wholly-owned subsidiary by exercising its 
rights pursuant to the provisions of Part 28 of the UK Companies Act and Section 
440K of the South African Companies Act, as applicable, to compulsorily acquire 
the remaining Dimension Data shares on the same terms as the Offer. Notices in 
relation to the compulsory acquisition of Dimension Data shares were dispatched 
on 25 October 2010. 
 
 
                                                                     (Enquiries) 
                                                 Global Business Strategy Office 
                                      NIPPON TELEGRAPH AND TELEPHONE CORPORATION 
 
TEL:03-5205-5191 
FAX:03-5205-5189 
 
 
 
The Offer has been made in the United States in reliance on, and compliance 
with, Section 14(e) of the US Securities Exchange Act of 1934, as amended, and 
Regulation 14E thereunder. The Offer will not be extended to, and may not be 
accepted by, holders of Dimension Data's American Depositary Receipts. 
The Offer relates to the shares of a UK company and will be governed by English 
law. The Offer will primarily be subject to the disclosure requirements and 
practices applicable in the UK to takeover offers, which may differ from the 
disclosure requirements of the South African Securities Regulation Panel and the 
United States. Furthermore, the payment and settlement procedures with respect 
to the Offer will comply with the relevant United Kingdom rules, which differ 
from United States payment and settlement procedures. 
 
Publication on Website 
A copy of this announcement will be made available, free of charge, on NTT's 
website at (http://www.ntt.co.jp/ir/index_e.html) by no later than 12.00 noon on 
27 October 2010. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 OUPPGGQGUUPUUQQ 
 

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