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BELLSOUTH TELECOMMUNICATIONS ANNOUNCES SALE OF NOTES

 ATLANTA, Jan. 15 /PRNewswire/ -- BellSouth Telecommunications, Inc., a subsidiary of BellSouth Corporation (NYSE: BLS), today Jan. 15, 1993, announced the sale of $275 million aggregate principal amount of Seven Year 6-1/2 Percent Notes, due Feb. 1, 2000 (the "Seven Year 6-1/2 Percent Notes") and $150 million aggregate principal amount of Twelve Year 7 Percent Notes, due Feb. 1, 2005 (the "Twelve Year 7 Percent Notes").
 BellSouth Telecommunications, Inc.'s long term Debt Securities have been rated by Standard and Poor's as AAA, by Duff and Phelps as AAA and by Moody's as Aaa.
 The sale was negotiated through an underwriting group managed by Morgan Stanley & Co. Incorporated, Goldman, Sachs & Co., Lehman Brothers, Merrill Lynch & Co., and Salomon Brothers Inc.
 The underwriters plan to offer the Seven Year 6-1/2 Percent Notes to the public at an initial public offering price of 99.667 percent of their principal amount, plus accrued interest from Feb. 1, 1993, which would yield 6.56 percent if held to maturity. The notes are not subject to redemption prior to maturity. The cost to the company will be approximately 6.674 percent. The settlement date is scheduled for Feb. 2, 1993.
 NationsBank of North Carolina, N.A., located in Charlotte, N.C., has been named Trustee for this issue.
 The underwriters plan to offer the Twelve Year 7 Percent Notes to the public at an initial public offering price of 99.679 percent of their principal amount, plus accrued interest from Feb. 1, 1993, which would yield 7.04 percent if held to maturity. The notes are not subject to redemption prior to maturity. The cost to the company will be approximately 7.125 percent. The settlement date is scheduled for Feb. 2, 1993.
 Trust Company Bank, located in Atlanta, has been named Trustee for this issue.
 The company intents to apply the net proceeds from the sale of both issues of notes toward the permanent refinancing of:
 -- Thirty Year 8 Percent Debentures due July 1, 1999 in aggregate principal amount of $150 million issued by Southern Bell Telephone and Telegraph Company ("Southern Bell");
 -- Thirty-Two Year 8-1/2 Percent Debentures due Nov. 1, 2001 in aggregate principal amount of $125 million issued by South Central Bell Telephone Company ("South Central Bell"); and
 -- Thirty-Four Year 8-1/4 Percent Debentures due Dec. 1, 2004 in aggregate principal amount of $150 million issued by South Central Bell.
 BellSouth Telecommunications, Inc., with headquarters in Atlanta and Birmingham, Ala., provides unified direction and support for the local telecommunications operations of BellSouth in the southeastern United States.
 BellSouth Telecommunications, Inc., does business as Southern Bell in North Carolina, South Carolina, Georgia and Florida and as South Central Bell in Kentucky, Tennessee, Alabama, Mississippi and Louisiana. These companies serve over 18 million local telephone lines and provide local exchange and intraLATA long distance service over one of the most modern telecommunications networks in the world.
 A written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 may be obtain from: Morgan Stanley & Co. Incorporated, 1251 Avenue of the Americas, New York, N.Y. 10020, and the other underwriters.
 -0- 1/15/93
 /CONTACT: Bob Morrow of BellSouth Telecommunications, 404-529-8169/
 (BLS)


CO: BellSouth Telecommunications, Inc. ST: Georgia IN: SU:

BR-CF -- AT005 -- 5468 01/15/93 15:40 EST
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Publication:PR Newswire
Date:Jan 15, 1993
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