ATLANTA, June 26 /PRNewswire-FirstCall/ -- The board of directors of BellSouth Corporation (NYSE:BLS) today declared a regular quarterly dividend of 29 cents per common share. The second-quarter dividend is payable August 1, 2006 to shareholders of record as of the close of business on July 13, 2006. BellSouth has approximately 1.8 billion shares outstanding in about 700,000 registered shareholder accounts. This is the 90th consecutive quarterly dividend declared by BellSouth. About BellSouth Corporation BellSouth Corporation is a Fortune 500 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 55.8 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. More information about BellSouth can be found at http://www.bellsouth.com/. DATASOURCE: BellSouth Corporation CONTACT: BellSouth Investor Relations, +1-800-241-3419, or Media, Brent Fowler of BellSouth Corporation, +1-404-249-2839, or Web site: http://www.bellsouth.com/ Company News On-Call: http://www.prnewswire.com/comp/095650.html

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