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BellSouth Board of Directors Declares 89th Quarterly Dividend

    ATLANTA, Feb. 27 /PRNewswire-FirstCall/ -- The board of directors of
BellSouth Corporation (NYSE: BLS) today declared a regular quarterly dividend
of 29 cents per common share. The fourth-quarter dividend is payable May 1,
2006 to shareholders of record as of the close of business on April 13, 2006.
BellSouth has approximately 1.8 billion shares outstanding in about 700,000
registered shareholder accounts. This is the 89th consecutive quarterly
dividend declared by BellSouth.

    About BellSouth Corporation
    BellSouth Corporation is a Fortune 100 communications company
headquartered in Atlanta, Georgia. BellSouth has joint control and 40 percent
ownership of Cingular Wireless, the nation's largest wireless voice and data
provider with 54.1 million customers.
    Backed by award-winning customer service, BellSouth offers the most
comprehensive and innovative package of voice and data services available in
the market. Through BellSouth Answers(R), residential and small business
customers can bundle their local and long distance service with dial-up and
high-speed DSL Internet access, satellite television and Cingular(R) Wireless
service. For businesses, BellSouth provides secure, reliable local and long
distance voice and data networking solutions. BellSouth also offers print and
online directory advertising through The Real Yellow Pages(R) and
YELLOWPAGES.COM(TM) from BellSouth.
    BellSouth believes that diversity and fostering an inclusive environment
are critical in maintaining a competitive advantage in today's global
marketplace. More information about BellSouth can be found at
http://www.bellsouth.com.


SOURCE BellSouth Corporation




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    CONTACT:
    Investors, BellSouth Investor Relations,
    +1-800-241-3419, or Media, Brent Fowler of BellSouth Corporation,
    +1-404-249-2839, or brent.fowler@bellsouth.com