AT&T INC. — Director's Dealing 2010

Mar 1, 2010

SEC Form 4/A — Form 4/A

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2010-01-28

Reporting Person: CALLAWAY JAMES W (Sr.Exec.VP-Exec. Oprs.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-28	Common Stock	F	20803.2499	$25.54	Disposed	25289.7034	Indirect
2010-01-28	Common Stock	D	23077.7501	$25.54	Disposed	2211.9533	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43964	Direct

Footnotes

F1: Mandatory tax withholding on distribution of performance shares.

F2: Represents portion of the performance shares distributed in cash, after taxes.

F3: Reflects transfer of 23,077 shares from indirect to direct due to distribution of performance shares.