Text of A Letter From the President To the Speaker of the House of Representatives and the President of the Senate: Acquisition of Verio, Inc.

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TEXT OF A LETTER FROM THE PRESIDENT TO THE SPEAKER OF THE HOUSE OF REPRESENTATIVES AND THE PRESIDENT OF THE SENATE: Acquisition of Verio, Inc.

                                 THE WHITE HOUSE

                       Office of the Press Secretary
                       (South Brunswick, New Jersey)

________________________________________________________________
For Immediate Release                            August 23, 2000



                    TEXT OF A LETTER FROM THE PRESIDENT
                        TO THE SPEAKER OF THE HOUSE
                        OF REPRESENTATIVES AND THE
                          PRESIDENT OF THE SENATE




                         August 23, 2000





Dear Mr. Speaker:     (Dear Mr. President:)

Attached is a report on my decision to take no action to suspend or
prohibit the proposed acquisition of Verio, Inc., a large U.S.-based
Internet Service Provider (ISP), by NTT Communications Corporation (NTT
Communications), a wholly owned subsidiary of Nippon Telegraph and
Telephone Corporation, (NTT).  NTT is a Japanese corporation that is owned
and controlled by the Government of Japan (GOJ).  I have taken this
decision under the authority vested in me as President by section 721 of
the Defense Production Act of 1950, also known as the "Exon-Florio"
provision, 50 U.S.C. App. 2170.  This report is submitted pursuant to
subsection (g) of the Exon-Florio provision.

                              Sincerely,




                              WILLIAM J. CLINTON




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