AT&T INC. — Director's Dealing 2011

Jun 30, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2011-06-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-28	Common Stock	F	18144	$31.02	Disposed	234606	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3148.9914	Indirect
Common Stock	42373.2892	Indirect
Common Stock	128058	Indirect

Footnotes

F1: Mandatory tax withholding on vesting of restricted stock.