Teaser 2462: [What NOW?]

From The Sunday Times, 29th November 2009 [link]

Puzzlers are often confused about whether the number 1 is prime or square, so perhaps this Teaser will clarify the issue!

• ONE is not prime, but it is an odd perfect square;
TWO is divisible by 2 but not 4;
• The number of odd primes less than SIX is TWO.

In those statements digits have consistently been replaced by capital letters, with different letters being used for different digits.

What is the number NOW?

This puzzle was originally published with no title.

[teaser2462]