Termination of NYNEX Mid-Career Pension Program, effective December 31, 1997, with respect to active
Effective December 31, 1997, the Human Resources Committee ("HRC") of the Board of Directors of Bell
Atlantic terminated benefit accruals for active participants under the NYNEX Mid-Career Pension Program (the
"Plan"), and authorized the Executive Vice President -- Human Resources of Bell Atlantic, as plan administrator,
to credit such accrued benefits of active participants on that date to the respective individual deferred
compensation accounts for those individuals under the newly adopted Bell Atlantic Senior Management Income
Deferral Plan. Thereafter, the Plan will be administered solely for the benefit of inactive participants who retired
or otherwise separated from service on or before December 31, 1997.