DBRS Discontinues Rating on AT&T Corporation’s Debentures

Dominion Bond Rating Service (“DBRS”) has today discontinued the ratings on AT&T Corporation’s (“AT&T”) Debentures as they have been repaid.

DBRS continues to maintain ratings on AT&T’s Guaranteed Euro Notes, Guaranteed US Notes (both rated “A” with Stable trends), Senior Unsecured Notes, and Medium-Term Notes [both rated BBB (high) with Stable trends]. DBRS reconfirmed AT&T’s ratings upon AT&T Inc.’s announcement that it intends to acquire BellSouth Corporation in an all-stock transaction. For further details, refer to the DBRS’s March 6, 2006, press release on AT&T, AT&T Inc., and BellSouth Corporation.

Note:
These ratings are based on public information.

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.

Ratings

Issuer Debt Rated Rating Action Rating Trend Notes Published
AT&T Corporation Debentures Disc.-Repaid Discontinued -- Mar 15, 2006

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