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

Business Wire, Oct 16, 1998

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 15, 1998--The AirTouch Communications (NYSE:ATI) Board of Directors has declared December 31, 1998 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, 1999.

AirTouch Communications, based in San Francisco, is the largest wireless company in the world. AirTouch owns interests in cellular, paging, and personal communications services in the United States, Belgium, Egypt, Germany, India, Italy, Japan, Poland, Portugal, Romania, South Korea, Spain, and Sweden, as well as an interest in the Globalstar satellite system. Based on its ownership share of its global ventures, the company serves over 15 million proportionate customers (over 32 million total venture customers).

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.