SNET MANAGEMENT PENSION PLAN

A summary of amendments to the SNET Management Pension Plan ("Plan")
is as follows:

Effective April 1, 1996:
An annuitant of any former employee who received a disability
pension on or after January 1, 1976 and is receiving an annuitant
pension as of April 1, 1996 shall be eligible to receive this
pension payable from the trust fund instead of SNET operating funds.

Effective June 1, 1996:
The termination of employees who received benefits under the SNET
Management Severance Pay Plan shall not be considered as a temporary
layoff for purposes of this Pension Plan.  If such an employee is
rehired, except as provided in Sec. 6, Paragraph 4, the continuity
of service shall be deemed to have been broken for all purposes and
such employee shall not receive service credit under the Sec. 6,
Paragraph 6 of the Pension Plan.  However, this amendment shall have
no effect to any employee who was offered the Severance Pay Plan
prior to June 1, 1996 and left SNET with Severance Plan benefits on
or after June 1, 1996 and prior to January 1, 1997.

Effective September 15, 1996:
Employees can no longer submit written direction that any death
benefit be payable to a qualified beneficiary in monthly
installments.

Surviving spouses of terminated employees may elect to defer
receipt of their pension benefits until a later date, up to when
the employee would have reached age 65.

Effective October, 1996 and later:
For purposes of determining the maximum pension benefit payable
and distributed under this Plan under the IRC Section
415(b)(2)(E), the interest and mortality provisions of the
Uruguary Round Agreement Act (GATT) which provided for the use of
the 30-Year Treasury rate and the table prescribed by the
Secretary of the Treasury under Code Section 417(e)(3) are
repealed and the interest and mortality rate assumptions
previously in effect prior to the adoption of GATT have been
reinstated.

Effective December 18, 1996:
The "Consent to Receive Distributions" provisions of the Plan are
amended to provide that if the employee notifies SNET in writing
of his election to begin receiving his pension payments after the
90-day election period, the monthly pension payments shall be
payable beginning the day SNET receives the election form, unless
the Secretary is made aware in writing during the 90-day election
period of a pending divorce action which may assign pension
benefits to the Alternate Payee, or is made aware by the employee
in writing after the 90-day election period that such employee did
not receive such written explanation of election and consent as
provided in Paragraph (4)(B) of this Article VII, or the Secretary
is made aware by the Employee in writing during the 90-day
election period that such employee has notified the Company that
he or she is contesting his or her termination of employment from
SNET or a Participating Company through a grievance, arbitration,
lawsuit or complaint with an administrative agency with
appropriate jurisdiction and the secretary approves, in his or her
discretion, monthly pension payments when elected within the 90
day election period begin the day following the Employee's
termination of employment date or such other pension distribution
options, including the lump sum distribution option, otherwise
available only upon termination of employment.