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Dec. 19, 1996 CONTACT: David Frail, 212/395-0500 NYNEX Declares Regular Quarterly Dividend NEW YORK--Dec. 19, 1996--The board of directors of NYNEX Corp. (NYSE: NYN) today approved payment of the regular quarterly dividend of 59 cents per share, unchanged from the previous quarter. The dividend is payable on Feb. 1, 1997 to share owners of record at the close of business on Jan. 10, 1997. There are approximately 440 million NYNEX common shares outstanding. 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 FAX copies of recent NYNEX news releases are available free of charge, 24 hours a day. Call 1-800-331-1214 and an automated system will provide instructions. go to news archive