Bond Redemption

Bellsouth Corp
13 May 2003


For more information contact:
Jeff Battcher, BellSouth
404-249-2793



BellSouth Announces Plans to Redeem $300 Million in Outstanding Debt

ATLANTA - May 13, 2003 - BellSouth Telecommunications, Inc, a subsidiary of
BellSouth Corporation (NYSE: BLS), announced today that it will redeem all of
its outstanding Forty Year 7.5% Debentures, due June 15, 2033, on June 16, 2003.
The redemption price will be 104.75% of the principal amount. Interest on the
Debentures will cease to accrue on and after the redemption date. Payment of the
redemption price will be made upon presentation and surrender of the unsigned
Debentures to The Bank of New York, the paying agent, as follows:

  • If by hand or overnight delivery to:

        The Bank of New York
        111 Sanders Creek Parkway
        East Syracuse, NY 13057
        [phone]

  • If by mail to:

          The Bank of New York
          P. O. Box 396
          East Syracuse, NY 13057
          [phone]

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 consumer customers. The
company's BellSouth(R) 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) Real
PagesSM.com 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.


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