THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Verizon Communications Inc. (VZ)

3/20/2006 Proxy Information

Hugh Price was, until 2003, CEO of a nonprofit receiving millions of dollars in grants from Verizon during a period Seidenberg served on its governing board.

Joseph Neubauer is former CEO and Executive Chairman of ARAMARK, where Verizon President Babbio participated in setting his compensation until 2003 as a member of the board compensation committee.

Sandra Moose, until year-end 2003, was Senior Vice President of a firm paid at least $3.5 million for consulting services since 2000.

Thomas OŐBrien is former CEO of PNC Financial Services, where Verizon Wireless CEO Dennis Strigl has participated in boosting his retirement benefits as a member of PNCŐs compensation committee.

3/21/2005 Proxy Information

From time to time, certain subsidiaries of the Company utilize the legal services of Thompson Hine LLP. Robert D. Storey, a Director of the Company, was a partner in that law firm until his retirement on June 1, 2004.

Hugh Price was, until 2003, CEO of a nonprofit receiving millions of dollars in grants from Verizon during a period Seidenberg served on its governing board.

Joseph Neubauer is former CEO and Executive Chairman of ARAMARK, where Verizon President Babbio participated in setting his compensation until 2003 as a member of the board compensation committee.

Sandra Moose, until year-end 2003, was Senior Vice President of a firm paid at least $3.5 million for consulting services since 2000.

Richard Carrion is CEO of a bank that co-invests with VerizonŐs in Puerto Rico Telephone (Verizon owns a majority interest).

3/15/2004 Proxy Information

Charles R. Lee served as Chairman and co-Chief Executive Officer of Verizon Communications from June 2000 to March 2002 and as non-executive Chairman until December 2003.

Lawrence T. Babbio has been Vice Chairman and President of Verizon Communications Inc. since July 2000.

From time to time, certain subsidiaries of the Company utilize the legal services of Thompson Hine LLP. Robert D. Storey, a Director of the Company, is a partner in that law firm.

Richard L. Carrion is CEO of a bank that is VerizonŐs co-investor in Puerto Rico Telephone, in which Verizon owns a majority interest.

Sandra O. Moose, until year-end 2003, was Senior Vice President of a firm that received at least $3.5 million for consulting services since 2000.

Hugh B. Price was until 2003 CEO of a nonprofit that received millions of dollars in grants from Verizon and included Verizon CEO Seidenberg on its governing board (a position he no longer holds).

3/14/2003 Proxy Information

From time to time, certain subsidiaries of the Company utilize the legal services of Thompson Hine LLP. Robert D. Storey, a Director of the Company, is a partner in that law firm.

Mr. Babbio, Vice Chairman and President of the Company, serves on the Board of Directors of ARAMARK Corporation and, until February 2003, served on its compensation committee. Mr. Neubauer, Chief Executive Officer and Chairman of the Board of Directors of ARAMARK Corporation, serves on VerizonŐs Board of Directors and, until March 2003, served on its Human Resources Committee.

Helene Kaplan is of counsel to a firm providing legal services to Verizon;

Sandra Moose is Senior Vice President of a firm receiving at least $3.5 million for consulting services since 1999;

John Snow is CEO of a company receiving substantial and ongoing licensing fees;

Joseph Neubauer is CEO of a company where Verizon Vice Chairman and President Lawrence Babbio determines his compensation as a member of the board compensation committee;

Richard Carrion is the CEO of a bank that is VerizonŐs co-investor in Puerto Rico Telephone, in which Verizon owns a majority (52%) interest;

Hugh Price is CEO of a nonprofit that received millions of dollars in grants from Verizon and which includes Verizon CEO Seidenberg on its governing board.