X0202 4 2006-03-08 0000732717 AT&T INC. T 0001184395 WILKINS RAYFORD JR 175 EAST HOUSTON STREET SAN ANTONIO TX 78205 1 Group President Common Stock 2006-03-08 4 M 0 26000 24.9375 A 130394.3168 D Common Stock 2006-03-08 4 M 0 2870 24.9375 A 133264.3168 D Common Stock 2006-03-08 4 S 0 28870 26.75 D 104394.3168 D Common Stock 26134.723 I By Benefit Plan Common Stock 5860.17 I By 401(k) Common Stock 606.4171 I By PAYSOP Common Stock 515.7627 I By Spouse's IRA Common Stock 4.5589 I By Spouse Employee Stock Option (right to buy) - 92 SOP 24.9375 2006-03-08 4 M 0 26000 24.9375 D 1999-08-01 2006-08-01 Common Stock 26000 0 D Employee Stock Option (right to buy) - SSP 24.9375 2006-03-08 4 M 0 2870 24.9375 D 1997-08-01 2006-08-01 Common Stock 2870 0 D by Ann E. Meuleman, Secy., Attorney-in-fact 2006-03-09