AT&T Awards College Scholarships to 630 Children of AT&T Employees

Employee Scholarship Program Supports the Dream of Higher Education and Future Life Success

Dallas, Texas, The AT&T Foundation — the corporate philanthropy organization of AT&T Inc. (NYSE:T) — today announced, that just in time for back-to-school, it has awarded more than $5 million in college scholarships to over 600 children of AT&T employees for the upcoming 2009-2010 school year.

The AT&T Foundation’s employee scholarship program has provided more than $60 million in scholarships since its inception in 1993. Scholarships are awarded in a competitive selection process to children of AT&T employees who are pursuing undergraduate study at accredited four-year and two-year colleges and universities. A one-time honorarium is also offered for students attending military academies, in the United States.

“Investing in a well-educated workforce may be the single most important thing we can do to help America remain a leader in a digital, global economy,” said Laura Sanford, President of the AT&T Foundation. “The AT&T Foundation is committed to helping hard working students achieve future life success and is proud to support the families of our employees.”

The competitive scholarship selection process considers factors such as academic achievement, leadership skills, work experience, awards and honors and participation in school and community activities. In addition, special consideration is given to students who are the first generation in their family to attend college.

AT&T is committed to advancing education, strengthening communities and improving lives. In April 2008, AT&T launched Aspire, a $100 million high school success and workforce readiness initiative. AT&T Aspire is the company’s largest philanthropic commitment ever — and one of the largest-ever corporate commitments to address high school success and workforce readiness.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

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, the nation’s fastest 3G network and the best wireless coverage worldwide, and the nation’s leading 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 their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE® magazine’s list of the World’s Most Admired Companies. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.

About Philanthropy at AT&T
For 25 years, AT&T and the AT&T Foundation have been committed to advancing education, strengthening communities and improving lives. Through its philanthropic initiatives and partnerships, AT&T supports projects that create learning opportunities; promote academic and economic achievement; and address community needs. As the AT&T Foundation celebrates its 25th anniversary in 2009, more than $160 million was contributed through corporate-, employee- and AT&T Foundation-giving programs in 2008 alone.