AirTouch Announces Record Date for Fourth Quarter Dividends on Convertible Preferred Stock

Business Wire, Oct 20, 1997

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 20, 1997-- The AirTouch Communications (NYSE:ATI) Board of Directors has declared December 31, 1997 as the record date for the fourth quarter dividends on its 6.00% Class B Mandatorily Convertible Preferred Stock, Series 1996 and its 4.25% Class C Convertible Preferred Stock, Series 1996.

The dividend on the 6.00% Class B Preferred Stock will be $0.43500 per share, and the dividend on the 4.25% Class C Preferred Stock will be $0.53125 per share. The payment date for both dividends is February 16, 1998.

AirTouch is a global wireless communications company, with interests in cellular, paging, and personal communications services in the United States, Belgium, Germany, India, Italy, Japan, Poland, Portugal, Romania, South Korea, Spain and Sweden, as well as an interest in the Globalstar satellite system. The company, based in San Francisco, serves more than 9 million proportionate customers worldwide. -0-

For a fax copy of this or other AirTouch press releases, please call 1-800-344-7531 or visit the AirTouch web site at www.airtouch.com .

CONTACT: AirTouch Communications

Susan Rosenberg, 415/658-2209