FTSE - Re Del of GTE Corp

RNS Number:1417N
FTSE
30 June 2000

Technical Release

               GTE Corp: Takeover by Bell Atlantic Corp
                       Changes in FTSE Indexes

Following the acquisition of GTE Corp (USA) by Bell Atlantic Corp
(USA), FTSE announces the following changes:


INDEX                     CHANGE                        EFFECTIVE FROM
                                                        START OF TRADING
                                                        ON:
                                                        
FTSE All-World Index      GTE Corp (2358194) will be    3 July 2000
                          deleted.
                          
                          Bell Atlantic Corp (2090571)
                          will remain in the index
                          with an increased share
                          total of 2,720 million
                          shares and be renamed
                          Verizon Communications.
                          
FTSE World Index          GTE Corp will be deleted.     3 July 2000
                          
                          Bell Atlantic Corp will
                          remain in the index with an
                          increased share total and
                          name change as above.
FTSE World Index Ex-      GTE Corp will be deleted.     3 July 2000
Multinationals            
                          Bell Atlantic Corp will
                          remain in the index with an
                          increased share total and
                          name change as above.

Notes for Editors:

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