Press Releases

TOKYO, JAPAN, December 18, 2003 --- NTT DoCoMo, Inc. ("DoCoMo") announced today that it made a decision to liquidate DCM Capital USA (UK) Limited and DCM Capital TWN (UK) Limited, each of which is a wholly owned subsidiary of DoCoMo, and Taiwan DoCoMo Limited, the wholly owned subsidiary of DCM Capital TWN (UK) Limited. Details of the decision are as follows.

1. Outline of the Subsidiaries
   

   (1)	DCM Capital USA (UK) Limited Company name: DCM Capital USA (UK) Limited Address: 5th Floor East, Lansdowne House, 57 Berkeley Square, London, W1J 6ER, United Kingdom Representative: Masayuki Hirata Business: Intermediate holding company to hold shares of AT&T Wireless Services, Inc. ("AT&T Wireless") Date established: December 2000 Capital: US$10,219,565,367 Number of shares issued: 10,219,565,367 shares Fiscal year-end: December 31 Number of employees: None Major business partner: None Shareholders: 100% owned by DoCoMo
   (2)	DCM Capital TWN (UK) Limited Company name: DCM Capital TWN (UK) Limited Address: 5th Floor East, Lansdowne House, 57 Berkeley Square, London, W1J 6ER, United Kingdom Representative: Masayuki Hirata Business: Intermediate holding company to hold shares of KG Telecommunications Co., Ltd. ("KGT") Date established: December 2000 Capital: US$587,758,625 Number of shares issued: 587,758,625 shares Fiscal year-end: December 31 Number of employees: None Main trading partner: None Shareholders: 100% owned by DoCoMo
   (3)	Taiwan DoCoMo Limited Company name: Taiwan DoCoMo Limited Address: 10th Floor, No.201-2, Tun Hua North Road, Shun Shan District, Taipei, Taiwan Representative: Tatsu Kono Business: Management of investment Date established: January 2001 Capital: NT$7,320,462,480 Number of shares issued: 732,046,248 shares Fiscal year-end: December 31 Number of employees: None Main trading partner: None Shareholders: 100% owned by DCM Capital TWN (UK) Limited

   
   
2. Reasons for Liquidation
   

   (1)	DCM Capital USA (UK) Limited DCM Capital USA (UK) Limited was established as an intermediate holding company in the United Kingdom to hold the shares of AT&T Wireless when DoCoMo invested in AT&T Wireless. In order to reduce operational costs, DoCoMo decided to liquidate the intermediate holding company and hold AT&T Wireless shares directly.
   (2)	DCM Capital TWN (UK) Limited DCM Capital TWN (UK) Limited was established as an intermediate holding company in the United Kingdom to hold the shares of KGT when DoCoMo invested in KGT. In order to reduce operational costs, DoCoMo decided to liquidate the intermediate holding company and hold KGT shares directly (shares of FarEastone Telecommunications Co., Ltd. ("FET"), after the planned share exchange).
   (3)	Taiwan DoCoMo Limited Taiwan DoCoMo Limited was established as an intermediate holding company in Taiwan to hold the shares of KGT when DoCoMo invested in KGT due to a foreign ownership rule in Taiwan that limited foreign investors' direct ownership of telecommunications carriers in Taiwan. As the telecommunications law in Taiwan was later revised to relax the foreign ownership limitation, DoCoMo decided to liquidate the intermediate holding company and hold KGT shares directly (FET shares, after the planned share exchange).

   
   
3. Schedule
   

   Each liquidation is expected to be completed during the fiscal year ending March 31, 2005.

   
   
4. Impact on DoCoMo's Results of Operations
   

   The liquidation is not expected to have significant impact on DoCoMo's consolidated or non-consolidated results of operations. The liquidation does not affect the forecast of DoCoMo's results of operations for the fiscal year ending March 31, 2004.

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