Intel Press Release

Intel And SBC Communications Offer High-Speed Internet, High-Capacity Digital Services To Small And Medium Businesses

SBC Yahoo! DSL Business Edition, SBC DS1 services complement business offerings sold through Intel Product Dealers

SAN ANTONIO, Texas and SANTA CLARA, Calif., Feb. 25, 2004 -SBC Communications Inc. (NYSE: SBC) and Intel Corporation today announced an agreement to promote and sell SBC Yahoo! DSL Business Edition and SBC Digital Services (DS1) through the Intel® Product Dealer Channel, one of the largest value-added reseller programs in the nation.

Intel Product Dealers are authorized to sell SBC Yahoo! DSL Business Edition and SBC DS1 digital, point-to-point dedicated services in the SBC 13-state region. Intel Product Dealers benefit from the agreement by broadening their portfolio of business solutions with SBC high-speed Internet connectivity services that are tailored to meet the needs of small- and medium-sized companies.

"Through relationships with companies such as SBC Communications, we are helping our dealer community grow their businesses through a broader set of solutions," said John Davies, vice president, sales and marketing group, director, solutions market development group at Intel. "SBC Yahoo! DSL Business Edition and DS1 services, combined with Intel-based computing and communication devices, bring small businesses the technology and infrastructure they need to get connected and be more competitive."

"Working with Intel further extends our commitment to making the benefits of broadband and high-speed data networking available to as many business customers as possible," said Chuck Rudnick, senior vice president, SBC Business Marketing. "Intel Product Dealers are delivering SBC Yahoo! DSL Business Edition and SBC DS1 services to a substantial number of small and medium businesses in our regions, providing them with the flexibility to choose from a range of tools that help them grow and succeed."

SBC Yahoo! DSL Business Edition is a broadband service and online portal developed primarily for small and medium companies. It includes features and enhancements built specifically to increase workplace productivity, including more e-mail and file storage, safety and security features, enhanced communications tools and new levels of personalization.

SBC DS1 provides companies with greater flexibility to support data-intensive traffic. It delivers a high-speed, digital, dedicated connection with speeds of up to 1.544 Mbps to support voice and data traffic, linking of remote hosts, and high-bandwidth applications such as videoconferencing. Information about SBC Internet access services for businesses is available at www.sbc.com/business_customers.

To recruit Intel Product Dealers, SBC companies will be exhibiting at Intel Channel Conference events. Participating dealers will be trained on the features and benefits of SBC Yahoo! DSL Business Edition and SBC DS1 services. Intel Product Dealers also can offer customers a free Netopia 3546 Business-Class ADSL Gateway with the purchase of SBC services.

For more information about how an Intel Product Channel dealer can sign up to be a sub-dealer of SBC high-speed Internet and digital services, refer to www.intel.com/go/sbc. (password-protected for program members.)

SBC Communications Inc. (www.sbc.com) is a diversified communications company, owning several of the world's leading data, voice and Internet services providers. Through world-class networks, SBC companies provide a full range of voice, data, networking and e-business services, as well as directory advertising and publishing. A Fortune 30 company, SBC Communications Inc. owns America's leading provider of high-speed DSL Internet Access Transport services and one of the nation's leading Internet Service Providers. SBC companies currently serve 55 million access lines nationwide. In addition, SBC companies own 60 percent of America's second-largest wireless company, Cingular Wireless, which serves more than 24 million wireless customers. Internationally, SBC companies have telecommunications investments in 26 countries.

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

SBC Yahoo! DSL is an information service that combines DSL transport, Internet access and applications from SBC Internet Services, with customized content, services, and applications from Yahoo! Inc., and is not available in all areas.

Yahoo!, the Yahoo! logos and other product and service names are the trademarks and/or registered trademarks of Yahoo! Inc. SBC, the SBC logos and other related product and service names are the trademarks and/or registered trademarks of SBC Knowledge ventures, L.P. All other brand names may be trademarks or registered trademarks of their respective owners. Copyright 2004 SBC Knowledge Ventures, L.P. and Yahoo! Inc. All Rights Reserved.

Intel is a trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.

* Other names and brands may be claimed as the property of others.