Dividend Declaration

Bellsouth Corp
23 June 2003

BellSouth increases dividend 9.5 percent

Dividend raised 21 percent over last 5 quarters



For Immediate Release:

June 23, 2003

Atlanta - The board of directors of BellSouth Corporation (NYSE: BLS) today
approved a dividend of 23 cents per common share, a 9.5 percent increase from 21
cents per common share. Over the last five quarters, BellSouth has increased its
quarterly dividend 21 percent from 19 cents per common share to 23 cents per
common share. The second-quarter dividend is payable August 1, 2003 to
shareholders of record as of the close of business on July 10, 2003.

BellSouth has nearly 1.9 billion shares outstanding in approximately 800,000
registered shareholder accounts. This is the 78th consecutive quarterly dividend
declared by BellSouth.

About BellSouth Corporation

BellSouth Corporation is a Fortune 100 communications services company
headquartered in Atlanta, Georgia, serving more than 44 million customers in the
United States and 14 other countries.

Consistently recognized for customer satisfaction, BellSouth provides a full
array of broadband data solutions to large, medium and small businesses. In the
residential market, BellSouth offers DSL high-speed Internet access, advanced
voice features and other services. BellSouth also offers long distance service
throughout its markets, serving both business and residential customers. The
company's BellSouth AnswersSM package combines local and long distance service
with an array of calling features; wireless data, voice and e-mail services; and
high-speed DSL or dial-up Internet service. BellSouth also provides online and
directory advertising services through BellSouth(R) RealPages.comSM and The Real
Yellow Pages(R).



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



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For more information contact:


    LeAnn Hansen, BellSouth
    [e-mail]
    [phone]



                      This information is provided by RNS
            The company news service from the London Stock Exchange