BLS Bellsouth Cp

BellSouth Increases Dividend 7.4 Percent Dividend raised 53 percent over the last 3 years ATLANTA, June 27 /PRNewswire-FirstCall/ -- The board of directors of BellSouth Corporation (NYSE:BLS) today approved a quarterly dividend of 29 cents per common share, an increase of 7.4 percent from the previous level of 27 cents per common share. Over the last 3 years, BellSouth has increased its quarterly dividend 53 percent from 19 cents per common share to 29 cents per common share. The second-quarter dividend is payable August 1, 2005 to shareholders of record as of the close of business on July 14, 2005. BellSouth has over 1.8 billion shares outstanding in approximately 700,000 registered shareholder accounts. This is the 86th consecutive quarterly dividend declared by BellSouth. About BellSouth Corporation BellSouth Corporation is a Fortune 100 communications company headquartered in Atlanta, Georgia. BellSouth has joint control and 40 percent ownership of Cingular Wireless, the nation's largest wireless voice and data provider with more than 50 million customers. Backed by award winning customer service, BellSouth offers the most comprehensive and innovative package of voice and data services available in the market. Through BellSouth Answers(R), residential and small business customers can bundle their local and long distance service with dial-up and high-speed DSL Internet access, satellite television and Cingular(R) Wireless service. For businesses, BellSouth provides secure, reliable local and long distance voice and data networking solutions. BellSouth also offers online and directory advertising through BellSouth(R) RealPages.com(R) and The Real Yellow Pages(R). BellSouth believes that diversity and fostering an inclusive environment are critical in maintaining a competitive advantage in today's global marketplace. More information about BellSouth can be found at http://www.bellsouth.com/. NOTE: For more information about BellSouth, visit the BellSouth Web page at http://www.bellsouth.com/. DATASOURCE: BellSouth Corporation CONTACT: Joe Chandler of BellSouth, +1-404-312-1964, or Web site: http://www.bellsouth.com/ Company News On-Call: http://www.prnewswire.com/comp/.html

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