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FEBRUARY 28 IS DATE FOR TERADATA SHAREHOLDERS TO VOTE ON MERGER PROPOSAL

 FEBRUARY 28 IS DATE FOR TERADATA SHAREHOLDERS
 TO VOTE ON MERGER PROPOSAL
 DAYTON, Ohio, Jan. 30 /PRNewswire/ -- NCR Corporation and Teradata Corporation today announced that a special meeting of Teradata shareholders will be held on Feb. 28, 1992, to vote on the proposed merger. The special meeting will be held in Los Angeles, at 8:30 a.m. PST, at The Proud Bird. Teradata will begin mailing proxy materials to shareholders today.
 The merger proposal calls for each share of Teradata stock to be converted into AT&T common stock according to an exchange ratio based on the average closing price of AT&T stock during the 20 consecutive trading days ending five trading days prior to the special meeting. Today's announcement means that the closing price of AT&T stock from Jan. 24 to Feb. 21 will be used to determine the average share price.
 NCR and Teradata expect that the merger will be completed shortly after the shareholder meeting. NCR is a wholly-owned subsidiary of AT&T.
 Teradata(R), headquartered in El Segundo, Calif., designs, manufactures, and markets high performance systems and related products and services for relational database management.
 NCR(R), the Networked Computing Resource of AT&T, develops, manufactures, markets, supports, and services enterprise-wide information systems for worldwide markets.
 Teradata is a registered trademark of Teradata Corporation.
 NCR is a registered trademark of NCR Corporation.
 -0- 1/30/92
 /CONTACT: Robert Farkas (media), 513-445-2078, or Gary Stechmesser (investor), 513-445-2304, both of NCR; or Robin Tanchum (media), 213-524-6162, or Rick VanHoesen (investor), 213-524-7414, both of Teradata Corporation/ CO: NCR Corporation; Teradata Corporation ST: Ohio; California IN: CPR SU: TNM


LC -- CL004 -- 5151 01/30/92 10:26 EST
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Publication:PR Newswire
Date:Jan 30, 1992
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