AT&T INC. — Director's Dealing 2010

Jun 30, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2010-06-28

Reporting Person: STANKEY JOHN T (Pres. and CEO, AT&T Oprs.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-28	Common Stock	F	9072	$24.95	Disposed	268566	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2577.901	Indirect
Common Stock	38362.1516	Indirect
Common Stock	84750	Indirect

Footnotes

F1: Mandatory tax withholding on vesting of restricted stock.