AT&T LA Gets Delisted

WASHINGTON -- AT&T Latin America Corp. (Nasdaq: ATTL) today announced that it had received a Nasdaq Staff determination that the company's shares of Class A common stock will be delisted from the Nasdaq Small Cap Market as of the opening of business on Friday, January 17, 2003. The determination to delist was a result of the company's failure to maintain a minimum bid price of $1.00 per share and failure to maintain either $2,500,000 stockholders' equity, $35,000,000 market value of listed securities or $500,000 net income from continuing operations. The Company anticipates that upon delisting its securities will trade on the Over-the-Counter Bulletin Board (OTCBB).AT&T Latin America Corp.