ATLANTA, March 23 /PRNewswire-FirstCall/ -- BellSouth Corporation (NYSE:BLS) will report first quarter earnings on Thursday, April 20, 2006, at 8:00 a.m. (ET). In addition, BellSouth will host a conference call with the investment community at 10:00 a.m. (ET). During the call, we may disclose recent material developments, if any, affecting our business and/or financial results. The first quarter earnings press release, BellSouth Investor News summarizing highlights of the quarter, and downloadable Microsoft Excel and Adobe PDF financial statements will be available on our website at http://www.bellsouth.com/investor beginning at 8:00 a.m. (ET) on April 20, 2006. Dial-in information for the conference call is as follows: Domestic: 888-370-1863 International: 706-634-1735 The conference call will also be webcast live beginning at 10:00 a.m. (ET) on our website at http://www.bellsouth.com/investor. A taped conference call replay and webcast archive will also be available beginning two hours after the completion of the conference call (approximately 1:00 p.m. ET) on Thursday, April 20. The taped conference call replay will be available through April 27, 2006 and can be accessed by dialing: Domestic: 800-642-1687 - Conference ID: 7031218 International: 706-645-9291 - Conference ID: 7031218 The webcast will be archived on our website at http://www.bellsouth.com/investor. About BellSouth 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 54.1 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 print and online directory advertising through The Real Yellow Pages(R) and YELLOWPAGES.COM(TM) from BellSouth. BellSouth believes that diversity and fostering an inclusive environment are critical in maintaining a competitive advantage in today's global marketplace. NOTE: In connection with the proposed merger, AT&T intends to file a registration statement on Form S-4, including a joint proxy statement of AT&T and BellSouth, and AT&T and BellSouth will file other materials with the Securities and Exchange Commission (the "SEC"). Investors are urged to read the registration statement, including the joint proxy statement (and all amendments and supplements to it) and other materials when they become available because they contain important information. Investors will be able to obtain free copies of the registration and joint proxy statement, when they becomes available, as well as other filings containing information about AT&T and BellSouth, without charge, at the SEC's Web site (http://www.sec.gov/). Copies of AT&T's filings may also be obtained for free from AT&T at AT&T's Web site (http://www.att.com/) or by directing a request to AT&T Inc. Stockholder Services, 175 E. Houston, San Antonio, Texas 78205. Copies of BellSouth's filings may be obtained without charge from BellSouth at BellSouth's Web site (http://www.bellsouth.com/) or by directing a request to BellSouth at Investor Relations, 1155 Peachtree Street, Atlanta, Georgia 30309. AT&T, BellSouth and their respective directors and executive officers and other members of management and employees are potential participants in the solicitation of proxies in respect of the proposed merger. Information regarding AT&T's directors and executive officers is available in AT&T's 2005 Annual Report on Form 10-K filed with the SEC on March 1, 2006 and AT&T's proxy statement for its 2006 annual meeting of stockholders, filed with the SEC on March 10, 2006, and information regarding BellSouth's directors and executive officers is available in BellSouth's 2005 Annual Report on Form 10-K filed with the SEC on February 28, 2006 and BellSouth's proxy statement for its 2006 annual meeting of shareholders, filed with the SEC on March 3, 2006. Additional information regarding the interests of such potential participants will be included in the registration and joint proxy statement, and the other relevant documents filed with the SEC when they become available. DATASOURCE: BellSouth Corporation CONTACT: Media, Brent Fowler of BellSouth Corporation, +1-404-249-2839, or , or Investors, BellSouth Investor Relations, +1-800-241-3419 Web site: http://www.bellsouth.com/ http://www.bellsouth.com/investor http://www.sec.gov/ http://www.att.com/ Company News On-Call: http://www.prnewswire.com/comp/095650.html

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