|Title of Series of Old Notes to be||Outstanding||Amount||Amount AT&T|
|Purchased||(mm)||ISIN No.||Maturity Date||Tendered(1)||Accepted|
|Floating Rate Global Notes due 2023||€1,250||XS1629866606||September 4, 2023||€11,650,000||€11,650,000|
|1.050% Global Notes due 2023||€750||XS1629865897||September 4, 2023||€5,200,000||€5,200,000|
|1.800% Global Notes due 2026||€1,750||XS1629866192||September 4, 2026||€500,000||€500,000|
|2.350% Global Notes due 2029||€1,500||XS1629866275||September 4, 2029||€400,000||€400,000|
|3.550% Global Notes due 2037||£1,000||XS1634248865||September 14, 2037||£825,000||£0|
|(1)||Reflects the aggregate principal amount of each series of Old Notes (i) that have been validly tendered and not validly withdrawn, at or prior to February 22, 2018 or (ii) with respect to which a properly completed and duly executed notice of guaranteed delivery and all other required documents were delivered at or prior to February 22, 2018 and that were tendered pursuant to the Cash Offers at or prior to 5:00 p.m., New York City time, on February 26, 2018 pursuant to guaranteed delivery procedures, based, in each case, on information provided by the tender agent to AT&T.|
Interest ceased to accrue on February 27, 2018 for all Old Notes accepted, including those tendered through the guaranteed delivery procedures.Only holders who were not (i) "qualified institutional buyers" as defined in Rule 144A under the Securities Act and who were not (ii) non-U.S. persons (as defined in Rule 902 under the Securities Act) located outside of the United States within the meaning of Regulation S under the Securities Act, other than "retail investors" in the European Economic Area (for these purposes, a retail investor means a person who is one (or more) of: (x) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (y) a customer within the meaning of Directive 2003/71/EC, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (z) not a qualified investor as defined in the Prospectus Directive), or non-"accredited investors", as such term is defined in National Instrument 45-106 - Prospectus Exemptions and section 73.3(1) of the Securities Act (Ontario), located or resident in a province of Canada, were authorized to participate in the Cash Offers. Only Cash Offer Eligible Holders who delivered an electronic submission of certification, certifying that they are a Cash Offer Eligible Holder, were authorized to participate in the Cash Offers. This press release is not an offer to sell or a solicitation of an offer to buy any of the securities described herein. The Cash Offers were made solely by the Cash Offer Documents and only to such persons and in such jurisdictions as is permitted under applicable law. Deutsche Bank AG, London Branch, Goldman Sachs & Co. LLC, Merrill Lynch International and RBC Europe Limited acted as the Joint-Lead Dealer Managers for the Cash Offers. Lucid Issuer Services Limited acted as the tender agent and information agent for the Cash Offers. Questions related to the Cash Offers may be directed to Lucid Issuer Services at +44 (0) 20 7704 0880.
CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTSInformation set forth in this news release contains forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission and the Offer to Purchase related to the Cash Offers. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.