AT&T INC

Ticker: T CUSIP: 00206R102 Class: COM

F&V Capital Management, LLC's Holding History (CIK: 0001569453)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014

Shares 120,250 Value ($000) $4,217 Avg Close $10.85 Range $10.37 - $11.60

Q4 2013

Shares 122,500 Value ($000) $4,307 Avg Close $11.17 Range $10.60 - $11.82

Q3 2013

Shares 120,540 Value ($000) $4,076 Avg Close $10.96 Range $10.47 - $11.46

Q2 2013

Shares 106,720 Value ($000) $3,778 Avg Close $11.40 Range $10.58 - $12.10

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	120,250	$4,217	$10.85	$10.37 - $11.60
Q4 2013	122,500	$4,307	$11.17	$10.60 - $11.82
Q3 2013	120,540	$4,076	$10.96	$10.47 - $11.46
Q2 2013	106,720	$3,778	$11.40	$10.58 - $12.10