AT&T INC. — Director's Dealing 2010

Mar 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2010-03-10

Reporting Person: COUGHLIN CATHERINE M (Sr.EVP & Global Mktg. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-10	Common Stock	F	1206.9232	$25.52	Disposed	36913.0917	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2238.4047	Direct
Common Stock	930.441	Indirect
Common Stock	47963	Indirect

Footnotes

F1: Represents mandatory tax withholding of shares.

F2: Reflects transfer of 2,237 shares owned indirectly in benefit plan to direct ownership.