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To: Benny Baga who wrote (4797)6/2/1998 10:55:00 AM
From: Benny Baga   of 8545
 
Notice to News Media Concerning Billion-Dollar Increase to
First-Class Mail Rates Now Before the Postal Service Board
of Governors

June 1, 1998

WASHINGTON--(BUSINESS WIRE) via NewsEdge
Corporation -- Coalition to Make Our First Class Mail
FIRST CLASS issued the following statement on Friday
concerning the billion-dollar increase to first-class mail
rates now before the Postal Service Board of Governors:

"The Postal Service Board of Governors will be meeting
in Washington DC this Monday and Tuesday, June 1-2.
That meeting is the first opportunity for the board to
take final action on their plan to increase first-class mail
rates by a billion dollars -- the plan would increase
stamp prices to 33-cents,every extra penny is another
billion dollars in revenue to the Postal Service.

"Our coalition has been informed by the governors'
office that the board is expected to discuss the plan at
Monday's closed-door session but is not expected to
take any action at this meeting. Should we hear of a
change in plans or be surprised by an announcement at
Tuesday's public meeting we will share that with you.

"The board's next scheduled meeting is June 29-30 in
Washington DC.

"Our coalition -- with more than 200-member
organizations representing five million Americans --
feels that in light of a fourth year of record profits at the
Postal Service no rate hike is necessary or justified. We
are calling on the governors to reject any first class rate
hike."
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