BellSouth Issue of Debt

Bellsouth Corp
08 November 2004









For more information contact:

LeAnn Hansen Boucher, BellSouth

404-249-2839





BellSouth Announces Plans to Issue $2 Billion in Debentures



ATLANTA - November 8, 2004 - BellSouth Corporation (NYSE: BLS) announced today
it is offering $2 billion aggregate principal amount of three-year floating
rate, and eight and 30- year fixed rate senior notes to be issued pursuant to
the company's shelf registration statement filed with the Securities and
Exchange Commission.  Proceeds from the sale of the notes will complete the
long-term debt that BellSouth expects to raise to refinance its portion of the
purchase price for Cingular's acquisition of AT&T Wireless.  JP Morgan, Lehman
Brothers, Morgan Stanley and Goldman Sachs will be acting as Bookrunners.




About BellSouth Corporation

BellSouth Corporation is a Fortune 100 communications company headquartered in
Atlanta, Georgia and a parent company of Cingular Wireless, the nation's largest
wireless voice and data provider.

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 online and directory
advertising through BellSouth(R) RealPages.com(R) and The Real Yellow Pages(R).

In addition to historical information, this document may contain forward-looking
statements regarding events and financial trends. Factors that could affect
future results and could cause actual results to differ materially from those
expressed or implied in the forward-looking statements include: (i) a change in
economic conditions in domestic or international markets where we operate or
have material investments which would affect demand for our services; (ii) the
intensity of competitive activity and its resulting impact on pricing strategies
and new product offerings; (iii) higher than anticipated cash requirements for
investments, new business initiatives and acquisitions; (iv) unfavorable
regulatory actions; (v) currency devaluations and continued economic weakness in
certain international markets in which we operate or have material investments;
and (vi) those factors contained in the Company's periodic reports filed with
the SEC. The forward-looking information in this document is given as of this
date only, and, BellSouth assumes no duty to update this information.

More information about BellSouth can be found at http://www.bellsouth.com.




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