AT&T Named Most Admired Telecommunications Company

Earns Fortune Magazine's No. 1 Spot in America for the 10th Time

San Antonio, Texas, San Antonio, Texas, March 3, 2008

AT&T Inc. (NYSE:T) today announced that Fortune magazine has named AT&T as America's Most Admired Telecommunications Company. AT&T has topped the America's Most Admired list for its industry in 10 of the past 13 years.

AT&T joins an elite group of other corporate leaders ranked No. 1 in their industries, including General Electric, Genentech, UPS, Procter & Gamble, and Berkshire Hathaway.

"AT&T is committed to being the best in our business and delivering connectivity and mobility to help companies compete globally," said Randall Stephenson, AT&T chairman and CEO. "This honor validates our commitment to set the pace for progressive innovation and unmatched customer service."

The magazine's Most Admired Companies lists are among the most highly respected registers of corporate performance and reputation in the nation.

To identify the Most Admired Companies, Fortune and its partner, the Hay Group, survey top executives and directors from Fortune 1000 and Global 500 companies, along with financial analysts, to identify companies that have the strongest reputations within their industries and across industries. Companies are rated on attributes that include the ability to attract and retain talented people, quality of products and services, quality of management, innovation, social responsibility, use of corporate assets and long-term investment value.

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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 and the nation's leading wireless, 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 its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at www.att.com.

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