Dividend Declaration

Bellsouth Corp
26 February 2001

BELLSOUTH BOARD OF DIRECTORS
DECLARES 69TH QUARTERLY DIVIDEND

ATLANTA - February 26, 2000 - BellSouth Corporation (NYSE:BLS), one of the most
widely held companies in the nation, declared a regular quarterly dividend of
$0.19 per common share.

The dividend is payable May 1, 2001 to shareholders of record on April 12.

This is the 69th consecutive quarterly dividend declared by BellSouth since its
formation in 1984. As of December 31, the company has nearly 1.9 billion shares
outstanding in approximately one million registered shareholder accounts.

About BellSouth Corporation

BellSouth is a Fortune 100 communications services company headquartered in
Atlanta, GA, serving more than 44 million customers in the United States and 16
other countries.

Consistently recognized for customer satisfaction, BellSouth provides a full
array of broadband data and e-commerce solutions to business customers including
Web hosting and other Internet services. In the residential market, BellSouth
offers DSL high-speed Internet access, advanced voice features and other
services. BellSouth also provides online and directory advertising services,
including BellSouth (R) Real Pages (SM). com.

BellSouth owns 40 percent of Cingular Wireless, the nation's second largest
wireless company, which provides innovative wireless data and voice services.