AT&T Wireless Publishes First Annual Report; Outlines Strong Strategic Focus and Positioning for Future Growth.

Business Editors

REDMOND, Wash.--(BUSINESS WIRE)--April 2, 2002

AT&T Wireless (NYSE:AWE) said today that its first annual report was just off the presses and being distributed to the company's 3.6 million shareholders.

Along with a review of 2001 financial highlights and key business accomplishments, the report highlights the significant future growth opportunities AT&T Wireless sees in the wireless industry and how the company is best positioned to lead the way.

In his letter to shareholders, John Zeglis, Chairman and CEO, says the company is "focused, laser-like, on becoming the premier wireless company for mobile voice and data services in the major markets of North America. We have the building blocks we need to execute our strategy and vision: lots of spectrum, a broad footprint, quality in our networks, and a commitment to the new global standard technology.

"We believe," he adds, "that those who invest now in high-performance networks and in the acquisition of the most valuable customers will take the lion's share of future wireless growth and create the most value."

The 72-page report also includes a comprehensive financial section, a wireless glossary and customer and shareholder reference information.

The online version of the Annual Report, along with the company's 2002 Proxy Statement, can be accessed on the Internet at: www.attwireless.com/wirelessir. Both documents are available for download.

The Proxy Statement notes that the Annual Meeting of shareholders will be held at the Newcastle Club, 15500 Six Penny Lane, Newcastle, Washington, on Thursday, May 16, 2002, at 9 a.m. Pacific time.

About AT&T Wireless

AT&T Wireless (NYSE:AWE) is the largest independently traded wireless carrier in the United States, following its split from AT&T on July 9, 2001. AT&T Wireless operates one of the largest digital wireless networks in North America. With 18 million subscribers, and full-year 2001 revenues of $13.6 billion, AT&T Wireless is committed to being among the first to deliver the next generation of wireless products and services. Today, AT&T Wireless offers customers high-quality wireless voice and data communications services in the U.S. and internationally. AT&T Wireless Customer Advantage is the company's commitment to ensure that customers have the right equipment, the right calling plan, and the right customer services options -- today and tomorrow. For more information, please visit us at www.attwireless.com.

This press release contains "forward-looking statements" which are based on management's beliefs as well as on a number of assumptions concerning future events made by management with information that is currently available to management. Forward-looking statements include, without limitation, management's expectations regarding: our future financial and operating performance and financial condition, including specific projections and guidance for fiscal year 2002; subscriber growth; industry conditions; the strength of our balance sheet; and our liquidity and needs for additional financing.

Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside AT&T Wireless' control, that could cause actual results to differ materially from such statements. Without limitation these factors include: the risks associated with the implementation of a third-generation network and business technology, and the effects of vigorous competition in the markets in which we operate.

For a more detailed description of the factors that could cause such a difference, please see AT&T Wireless' filings with the Securities and Exchange Commission, including the information under the heading "Risk Factors" and "Special Note Regarding Forward Looking Statements" in its registration statement on Form S-3 filed on December 21, 2001. AT&T Wireless disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.