NYNEX Offers Direct Phone Bill Payment Option

January 2, 1997

CONTACT: Jeff Gluck in New York on 212-395-0500 or

Betsy Bottino in New England on 617-743-2858

NYNEX Offers Direct Phone Bill Payment Option

(NEW YORK) -- NYNEX is now offering a new, easy, and

convenient way for its customers to pay their telephone

bills.

The NYNEX Direct Payment Option is a free service

that offers a reliable and safe method of paying NYNEX bills

electronically. Direct Payment means no late or lost

payments, no check to write, no bill to mail, and no stamp

to buy.

"The NYNEX Direct Payment Option makes it easy to do

business with NYNEX," said Art Williams, NYNEXs director of

billing. "Our customers have been asking for this option

and were happy to be providing it."

The Chase Manhattan Bank is providing the electronic

processing service that is the foundation of the NYNEX

Direct Payment Option. "This new service is a win-win

service for NYNEX and its customers," said Mary McKenney,

vice president of Global Payment and Treasury Services with

Chase. "Both benefit from the lower costs of electronic

payments, and NYNEX customers also gain the convenience of

paying their bill electronically and knowing in advance the

amount to be debited from their bank account."

NYNEX customers who choose this option, agree to have

their bank account automatically debited each month to pay

their bill. They receive a statement approximately 10 days

prior to the debit date with the exact dollar amount to be

paid. If they wish to pay a different amount, they call the

NYNEX customer service office with the exact amount to be

debited. Otherwise, the amount due transfers automatically

to NYNEX on the "pay by" date printed on each month's

bill.

Customers still receive their bills, have time to

review the charges, and to note the "pay by" date. The

customers bank statement shows the details of the

transferred amount, and there is no canceled check.

Its easy to sign up for this service, according to

Williams. An enrollment form is on the back of the payment

stub of this month's bill.

"Were asking our customers to read the form

carefully," says Williams. "Then, just check the enrollment

box, date and sign the authorization agreement, and return

it along with your payment."

Customers should pay this months bill with a check

from the account number they want NYNEX to use for the

Direct Payment Option. NYNEX will notify the customers bank

and make the arrangements for the automatic transfer each

month.

Calling NYNEX to sign up for the program is not

necessary. However, to find out more about the Direct

Payment Option, customers can call the NYNEX NewsLine, toll

free, at 1-800-322-3558 (Spanish 1-800-882-7818) or for TTY

users, 1-800-299-2597.

NYNEX is a global communications and media

corporation that provides a full range of services in the

northeastern United States and high-growth markets around

the world, including the United Kingdom, Thailand,

Gibraltar, Greece, Indonesia, the Philippines, Poland,

Slovakia and the Czech Republic. The corporation is a

leader in telecommunications, wireless communications,

directory publishing and video entertainment and information

services. NYNEX is also managing sponsor of FLAG --

Fiberoptic Link Around the Globe -- the world's longest

undersea fiber optic communications cable. N

You can also receive fax copies of recent NYNEX

news releases, free of charge, 24 hours a day. Call

1-800-331-1214. An automated system will provide you with

instructions.