VZ Small Shareowners Voluntary Sale and Purchase Program

VZ Small Shareowners Voluntary Sale and Purchase Program NEW YORK, Dec. 15, 2014 -- Verizon Communications (NYSE, Nasdaq: VZ) todayannounced a program to provide its small shareowners with a convenient andinexpensive way either to round their Verizon holdings up to 100 shares or tosell all their shares. Similar odd-lot programs are commonly offered periodically by public companiesto reduce administrative costs and offer a service to investors. Verizon's 2014program will be independently administered by Georgeson, a Computersharecompany. Computershare Trust Company, N.A., which is Verizon's transfer agent,will serve as paying agent for the program. Verizon will not buy or sell any of the shares or otherwise participate in theprogram. The program is voluntary. It is intended to help owners of fewer than 100Verizon shares who may have been deterred from selling their Verizon shares orbuying additional shares because of the inconvenience. Shareowners participating in the program will be assessed a processing fee of$1.50 per share purchased or sold, with a maximum fee of $50 per account.Shareowners who have lost or misplaced stock certificates will also bepermitted to participate in the program for an additional fee to cover therequired indemnity bond. Eligible registered shareowners will be informed of the program by mailstarting today (Dec. 15) and will have through Jan. 16, 2015, to participate.Shares held in the company's employee benefit plans are excluded from thisprogram. Verizon shareowners can call Georgeson at 1-855-553-1153 for additionalinformation. Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is aglobal leader in delivering broadband and other wireless and wirelinecommunications services to consumer, business, government and wholesalecustomers. Verizon Wireless operates America's most reliable wireless network,with more than 106 million retail connections nationwide. Verizon also providesconverged communications, information and entertainment services over America'smost advanced fiber-optic network, and delivers integrated business solutionsto customers in more than 150 countries. A Dow 30 company with more than $120billion in 2013 revenues, Verizon employs a diverse workforce of 178,500. Formore information, visit www.verizon.com/news/ . VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches andbiographies, media contacts and other information are available at Verizon'sonline News Center at www.verizon.com/news/. The news releases are availablethrough an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/ .

CONTACT: Bob Varettoni , 908-559-6388, [email protected]