This paper investigates how listeners process regular pronunciation variants, resulting from simple general reduction processes. Study 1 shows that when listeners are presented with new words, they store the pronunciation variants presented to them, whether these are unreduced or reduced. Listeners thus store information on word-specific pronunciation variation. Study 2 suggests that if participants are presented with regularly reduced pronunciations, they also reconstruct and store the corresponding unreduced pronunciations. These unreduced pronunciations apparently have special status. Together the results support hybrid models of speech processing, assuming roles for both exemplars and abstract representations.