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AT&T INC. Director's Dealing 2010

Apr 2, 2010

29786_dirs_2010-04-02_6def2b86-4197-41c9-9a23-7829adbc7a7b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2010-03-31

Reporting Person: WILKINS RAYFORD JR (CEO-AT&T Diversified Bus.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-31 Common Stock A 617.4845 $25.84 Acquired 21690.9893 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 279706.5082 Direct
Common Stock 7445.926 Indirect
Common Stock 5.4948 Indirect
Common Stock 635.1373 Indirect

Footnotes

F1: Automatic purchase of shares by the reporting person with payroll deductions and, to a limited extent, company matching contributions, in the form of deferred stock units settled only in stock on a 1-for-1 basis as provided for in the plan.

F2: Includes 315.1309 shares acquired on 2/2/2010 at a price of $25.4768 through reinvested dividends under broker-administered dividend reinvestment plan.

F3: Includes 10.3007 shares acquired on 2/2/2010 at a price of $25.4768 through reinvested dividends under broker-administered dividend reinvestment plan.