Elimination of safeguarding/storing certificates
	Facilitating the sale of shares (no physical certificates need to be moved)
	Shares can be transferred electronically
	Saves shareowners the cost associated with replacing lost certificates

Book-Entry ownership and Direct Registration are a securities industry initiatives which have been approved by the Securities and Exchange Commission and the stock exchanges. Those holding shares in Book-Entry form have all the rights and privileges afforded to registered shareowners. Your individual share ownership is represented by the enclosed statement, which indicates the number of full shares registered on the books of Verizon Communications. Of course, should you wish to obtain a certificate for all, or a portion of your shares, you may do so by following the instructions on the reverse side of your Book-Entry statement (Direct Registration Confirmation).