NEWS

WIRES

OTHER

AT&T Announces Preliminary Results of 2010 Annual Meeting

Each board member won at least 96.4 percent of the shares voted.

Based on preliminary results, AT&T stockholders voted to approve the following item proposed by the board of directors:

• The ratification of the appointment of Ernst & Young LLP as the company's independent auditor, with 98.2 percent of shares cast in favor and 1.8 percent cast against.

The following proposals from stockholders were also put to a vote at the meeting:

• A proposal asking AT&T to adopt cumulative voting for directors, which was defeated by a vote of 66.8 percent against to 33.2 percent in favor.
• A proposal asking AT&T to exclude return on pension plan assets in determining performance-based compensation, which was defeated by a vote of 57.9 percent against to 42.1 percent in favor.
• A proposal calling for an advisory vote by stockholders to approve compensation for named executive officers, which was defeated by a vote of 53.4 percent against to 46.6 percent in favor.
• A proposal calling for an amendment to the AT&T bylaws to allow holders of 10 percent of outstanding common shares to request a special stockholder meeting, which was defeated by a vote of 56.6 percent against to 43.4 percent in favor. AT&T's bylaws currently authorize holders of 15 percent of the outstanding common shares to request a special stockholder meeting.

When final voting results are available, they will be posted on AT&T's Web site at www.att.com/investor.relations.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse^SM and AT&T │DIRECTV^SM brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE magazine.

Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at www.Facebook.com/ATT to discover more about our consumer and wireless services or at www.Facebook.com/ATTSmallBiz to discover more about our small business services.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

(c) 2010 AT&T Intellectual Property. All rights reserved. 3G service not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

AT&T Inc.
McCall Butler, 917-209-5792
mbutler@attnews.us