AT&T Inc. Announces Preliminary Results of 2006 Annual Meeting.

SAN ANTONIO -- AT&T Inc. (NYSE: T) held its annual meeting today, where stockholders re-elected 17 current board members to its board of directors for one-year terms. They were:

--  William F. Aldinger III
--  Gilbert F. Amelio
--  August A. Busch III
--  Martin K. Eby, Jr.
--  James A. Henderson
--  Charles F. Knight
--  Jon C. Madonna
--  Lynn M. Martin
--  John B. McCoy
--  Mary S. Metz
--  Toni Rembe
--  S. Donley Ritchey
--  Joyce M. Roche
--  Randall L. Stephenson
--  Laura D'Andrea Tyson
--  Patricia P. Upton
--  Edward E. Whitacre Jr.

Each nominee won at least 90.9 percent of the shares in attendance.

AT&T stockholders also approved:

--The re-appointment of Ernst & Young LLP as the company's independent auditor by a vote of 98.0 percent cast in favor to 2.0 percent cast against.

--The 2006 Incentive Plan for AT&T managers that replaces a similar plan created in 2001 by a vote of 84.7 percent cast in favor to 15.3 percent cast against.

--An amendment to the AT&T Inc. Restated Certificate of Incorporation that eliminates certain super-majority voting provisions, receiving the approval of 67.2 percent of outstanding shares. A two-thirds majority of outstanding shares was required to pass this proposal.

The following stockholder proposals were voted on at the meeting:

--A proposal regarding a report on political contributions was defeated by a vote of 84.8 percent against to 15.2 percent in favor.

--A proposal that would prohibit AT&T's chief executive officer from also serving as chairman of the board of AT&T was defeated by a vote of 66.7 percent against to 33.3 percent in favor.

--A proposal requiring a special report on executive compensation was defeated by a vote of 88.1 percent against to 11.9 percent in favor.

--A proposal requiring annual stockholder approval of director compensation was defeated by a vote of 89.1 percent against to 10.9 percent in favor.

--A proposal to amend the bylaws to require stockholder approval of certain severance agreements was not put to a vote because no one was present at the meeting to present the proposal.

--A proposal calling for a majority vote on matters that come before AT&T stockholders was defeated by a vote of 72.2 percent against to 27.8 percent in favor.

Final results of voting will be posted on AT&T's Web site when they are available at www.att.com/investor.relations.

About AT&T

AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States. Operating globally under the AT&T brand, AT&T companies are recognized as the leading worldwide providers of IP-based communications services to business and as leading U.S. providers of high speed DSL Internet, local and long distance voice, and directory publishing and advertising services. AT&T Inc. holds a 60 percent ownership interest in Cingular Wireless, which is the No. 1 U.S. wireless services provider with 55.8 million wireless customers. Additional information about AT&T Inc. and AT&T products and services is available at www.att.com.