Issue of Debt

Bellsouth Corp
07 September 2004




For more information contact:

LeAnn Hansen, BellSouth

404-249-2839





BellSouth Announces Plans to Issue $3 Billion in Debentures


ATLANTA - September 7, 2004 - BellSouth Corporation (NYSE: BLS) announced today
it is offering $3 billion aggregate principal amount of five and ten year 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 constitute a portion of the long-term debt BellSouth expects to raise
for its share of the financing for Cingular's pending acquisition of AT&T
Wireless.  JP Morgan, Lehman Brothers, Goldman Sachs, and RBS Greenwich Capital
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 second
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 Answerssm, residential and small business customers
can bundle their local and long distance service with dial up and high speed DSL
Internet access 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.comsm 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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