Statement re Arbitration Dec.

Bellsouth Corp 19 March 2003 FOR IMMEDIATE RELEASE For More Information: Jeff Battcher BellSouth Corporation (404) 249-2793 Arbitrator orders restrictions to protect BellSouth's interests ATLANTA, March 18, 2003 - Judge William H. Webster has rendered a decision in the arbitration proceeding involving Mr. Gary D. Forsee, BellSouth, and Cingular. The ruling today states that Mr. Forsee, subject to significant restrictions outlined in the order, may accept employment with Sprint. In this arbitration, Judge Webster was only permitted to review the confidentiality clause of Mr. Forsee's employment agreement. He was not permitted to review the portion of Mr. Forsee contract with BellSouth in which Mr. Forsee agreed not to work for a competitor for eighteen months. In regard to confidentiality, the judge issued a comprehensive set of restrictions for protecting BellSouth information in the event Mr. Forsee assumes employment with Sprint. The restrictions outlined in the order must now be acknowledged by a resolution of the Sprint Board of Directors as a condition of Mr. Forsee's employment. Still pending before the courts is the non-compete issue now before the Georgia Supreme Court, and in Federal court, the tortious interference claim jointly filed against Sprint by BellSouth and Cingular. We are pursuing these cases to ensure that the interests of BellSouth's shareholders are fully protected. BellSouth has always believed it had a duty and a responsibility to protect confidential information and trade secrets from disclosure to competitors, and we will pursue these matters in the best interest of our shareholders and employees. 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. # # # This information is provided by RNS The company news service from the London Stock Exchange
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