AT&T Declares Quarterly Dividend

DALLAS--(BUSINESS WIRE)-- The board of directors of AT&T Inc. (NYSE:T) today declared a quarterly dividend of $0.41 a share on the company's common shares. The dividend is payable on May 1, 2009, to stockholders of record at the close of business on April 9, 2009.

In December 2008, AT&T announced a 2.5 percent dividend increase, and 2009 is the 25th consecutive year in which the company has increased its quarterly dividend. In 2008, the company paid a total of $9.5 billion in dividends to stockholders.

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. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE(R) magazine's list of the World's Most Admired Companies. 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.

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Cautionary Language Concerning Forward-Looking Statements

Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

    Source: AT&T Inc.