NEWS

From the Office of the New York State Comptroller

Thomas P. DiNapoli

Contact: Matthew Sweeney, 212-681-4822

For release: Immediately, February 19, 2014

STATE COMPTROLLER THOMAS P. DiNAPOLI STATEMENT ON

AT&T AGREEMENT TO DISCLOSE SURVEILLANCE REQUESTS

With the release of their transparency report, AT&T Inc. has substantially met our shareholder request to disclose details of government pursuit of its customers' personal information. As a result, we will be withdrawing the New York State Common Retirement Fund's shareholder proposal.

It is reassuring that AT&T has responded to shareholders' justifiable concerns over the security of customer information. We are also gratified that the company has committed to release new information regarding these requests as changing government policy permits.

The privacy debate is ongoing. AT&T should show leadership on these issues by fully engaging in the debate.

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