AT&T Named One of the Best Places to Launch a Career by Businessweek Magazine

Dallas, Texas, September 5, 2008

BusinessWeek magazine has once again named AT&T Inc. (NYSE:T) as one of the "Best Places to Launch a Career," based on feedback from a wide cross section of career-conscious individuals. AT&T has been included among the Best Places every year since the list's inception in 2006.

The Best Places to Launch a Career list is based on three extensive surveys: a poll of 40,000 college students in the United States, of career services directors at U.S. colleges and universities and of the employers those directors identify as the best for new graduates.

BusinessWeek surveyed 119 finalist companies based on pay, benefits, retention efforts and training programs, and then it compared responses with other employers in the same industry.

"We are committed to hiring the best and the brightest talent to work at AT&T, and we strive to give all employees continued opportunities to grow and develop their careers," said Bill Blase, senior executive vice president, Human Resources for AT&T. "Students and recent college graduates bring a fresh perspective to the company, and we're proud that this young generation views AT&T as a desirable place to work."

AT&T's diverse 50-state workforce, which is 44 percent female and 39 percent people of color, plays a key role in making the company an employer of choice. Women make up 41 percent of the company's managers; 28 percent of AT&T managers are people of color.

AT&T has significantly increased career opportunities for women and people of color through initiatives such as the Leadership Development Program. Established in 1988, this flagship program is designed for high achievers with outstanding leadership potential and focuses on building a strong and diverse leadership bench across the enterprise through a rotational program. Each year, nearly half of the participants are women and nearly half are people of color.

AT&T offers several other talent development programs for employees, including the company's Self-Development and Learning Resource Center, continuing skills training and tuition reimbursement.

BusinessWeek's Best Places to Launch a Career list is included in the Sept. 15, 2008, issue of the magazine, which hits newsstands today.

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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. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. 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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