NEC's ADRs Remain Listed on NASDAQ

Today, NEC Corporation received notification from the NASDAQ Stock Market LLC that the NASDAQ Listing Qualifications Panel has granted NEC's request for an extension to file its annual report on Form 20-F for the fiscal year ended March 31, 2006.

Pursuant to the extension, NEC's American depositary receipts will continue to be listed on the NASDAQ Global Select Market on the condition that NEC files the 2006 Form 20-F with the Securities and Exchange Commission (the "SEC") on or before February 28, 2007.

On October 5, 2006, NEC announced receipt of a Staff Determination Letter from NASDAQ regarding the possible delisting of its ADRs as a consequence of the delayed filing of its 2006 Form 20-F. NEC requested the extension at a hearing before the Panel held on November 16, 2006, and further requested that NEC's ADRs continue to be listed during the extension period.

Based on the information presented at the hearing, the Panel determined that NEC's ADRs will remain listed provided NEC files its 2006 Form 20-F by the extended deadline - NEC.