X0202 4 2007-05-31 1 0000732717 AT&T INC. T 0001182672 JENNINGS KAREN E 175 EAST HOUSTON STREET SAN ANTONIO TX 78205 1 SrEVP-Adv. & Corp. Comm. Common Stock 2007-05-31 4 A 0 484.0348 41.34 A 45995.9145 I By Benefit Plan Common Stock 100509 D Common Stock 1681.001 I By 401(k) Common Stock 242.67 I By PAYSOP Common Stock 605.1329 I By Spouse Automatic purchase of shares by the reporting person with payroll deductions and, to a limited extent, company matching contributions, in the form of deferred stock units settled only in stock on a 1-for-1 basis as provided for in the plan. Includes 5.4026 shares acquired on 05/01/2007 at a price of $38.936 through reinvested dividends under dividend reinvestment plan. Reporting person ceased being an officer on June 3, 2007. by Ann E. Meuleman, Secy., Attorney-in-fact 2007-06-04