SBC Names Senior Management Team for New AT&T

SBC Communications Inc. (NYSE: SBC) today announced the
senior management team that will lead the company when its acquisition
of AT&T is completed, which is expected later this month. At that
time, SBC will adopt AT&T, Inc. as the new company name.
   Edward E. Whitacre Jr., will be chairman of the board and chief
executive officer of the new AT&T.
   Whitacre, 64, has reshaped the telecommunications landscape
through a sweeping series of acquisitions, guiding the growth of SBC
from the smallest regional Bell company to what will be the largest
telecom company in America, once the AT&T merger closes.

   Reporting to Whitacre will be:

   James W. Callaway, 59, group president-merger transition.

   James Cicconi, 53, senior executive vice president-external and
legislative affairs, responsible for managing the company's public
policy organization.

   James D. Ellis, 62, senior executive vice president and general
counsel.

   Karen E. Jennings, 54, senior executive vice president-human
resources and corporate communications.

   James S. Kahan, 58, senior executive vice president-corporate
development.

   Rick Lindner, 50, senior executive vice president and chief
financial officer.

   Forrest E. Miller, 52, group president-AT&T, in charge of leading
the national and global network, enterprise and consumer operations of
the existing AT&T, as well as AT&T Labs. Miller will also help lead
the integration of the two companies.

   Randall L. Stephenson, 45, chief operating officer, retaining his
current responsibilities and also helping integrate operations of SBC
and AT&T.

   Rayford Wilkins, Jr., 54, group president in charge of directory
operations, international operations and the company's Sterling
Commerce subsidiary.

   "This is a superior management team. They are the best in the
industry, and I am confident they will do an outstanding job at this
critical time in our company's history," said Whitacre. "We are
looking forward to hitting the ground running the minute the merger
closes."
   In addition, the company announced that David Dorman, 51, current
CEO and chairman of AT&T, will become president of the new AT&T and a
member of the board of directors for a brief transition period, after
which he will resign from both positions. Dorman will then continue as
a consultant to the combined company.
   SBC's acquisition of AT&T has been approved by 35 of 36 states and
the District of Columbia, as well as by the Federal Communications
Commission and the U.S. Department of Justice. The California Public
Utilities Commission, which is the final regulatory body that must
approve the merger, is expected to vote on Nov. 18.
   Bios and photographs of the senior management team are available
at: http://sbc.merger-news.com/bios
   SBC Communications Inc. is a Fortune 50 company whose
subsidiaries, operating under the SBC brand, provide a full range of
voice, data, networking, e-business, directory publishing and
advertising, and related services to businesses, consumers and other
telecommunications providers. SBC holds a 60 percent ownership
interest in Cingular Wireless, which serves more than 52 million
wireless customers. SBC companies provide high-speed DSL Internet
access lines to more American consumers than any other provider and
are among the nation's leading providers of Internet services. SBC
companies also offer satellite TV service. Additional information
about SBC and SBC products and services is available at www.sbc.com.