X0202 4 2008-04-01 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001315611 Johnson Eugene B C/O FAIRPOINT COMMUNICATIONS, INC. 521 E. MOREHEAD STREET, SUITE 250 CHARLOTTE NC 28202 1 1 0 0 Chairman of the Board and CEO Common Stock, par value $.01 per share 2008-04-01 4 J 0 6 9.17 A 480846 D On March 31, 2008, Northern New England Spinco Inc., a subsidiary of Verizon Communications Inc. ("Verizon"), merged with and into FairPoint Communications, Inc. (the "Company"). In connection with the merger, and in his capacity as a stockholder of Verizon, the reporting person received six shares of the Company's common stock, par value $.01 per share ("Common Stock"). The reporting person holds these shares in an account over which he exercises no investment control, and he disclaims beneficial ownership in these shares except to the extent of his pecuniary interest therein. No consideration was paid by the reporting person for these shares of Common Stock. Instead, this price represents the opening trading price of the Common Stock on the New York Stock Exchange on April 1, 2008. /s/ Eugene B. Johnson 2008-05-23