Comunicados 2010

TELMEX SHAREHOLDERS' MEETINGS RESOLUTIONS

Mexico City, April 29, 2010. Teléfonos de México, S.A.B. de C.V. (TELMEX) (BMV: TELMEX; NYSE: TMX; NASDAQ: TFONY; LATIBEX: XTMXL) announced that its Series “L” shares Special and it's Annual Shareholders' Meetings were held today, and approved, among others, the following issues:

The Series “L” shares Special Meeting ratified Rafael Kalach Mizrahi and Ricardo Martín Bringas as Directors corresponding to Series "L" shares, and Jorge C. Esteve Recolons as Alternate Director for Ricardo Martin Bringas.

The Annual Shareholders´ Meeting approved the following:

1. The Chief Executive Officer’s report regarding the performance of the Company and its operations for the fiscal year ended December 31, 2009; the financial statements to that date; and the Board of Director’s reports regarding the main accounting policies and information criteria followed in the preparation of financial information and regarding the operations and activities in which the Board was involved in, pursuant to the Mexican Securities Law (Ley del Mercado de Valores), during fiscal year 2009; the External Auditor’s report, the opinion of the Board of Directors regarding the Chief Executive Officer’s report; the respective reports of the Audit and Corporate Practices Committees and the report on compliance with tax obligations were noted.
   
   
2. The payment of a cash dividend of $0.50 Mexican pesos per outstanding share in four equal payments of $0.1250 Mexican pesos per outstanding share, resulting from the net tax profit account. Specifically, for holders of American Depositary Shares, the corresponding record dates will be June 16, 2010, September 22, 2010, December 15, 2010 and March 23, 2011 and the payment dates on or after June 24, 2010, September 30, 2010, December 23, 2010 and March 31, 2011, respectively.
   
   
3. Ratified the activities of the Board of Directors and the Chief Executive Officer for fiscal year 2009.
   
   
4. The members of the Board of Directors and the Executive Committee, as well as the Corporate Practices Committee and Audit Committee, will be integrated as follows:
   
   

   Board of Directors
   	Directors Alternate Directors
   	Carlos Slim Domit Chairman José Humberto Gutiérrez Olvera Z.
   	Antonio Cosío Ariño. Antonio Cosío Pando.
   	Antonio Del Valle Ruiz. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Laura Diez Barroso de Laviada. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Amparo Espinosa Rugarcía. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Elmer Franco Macías . Marcos Franco Hernaiz.
   	Daniel Hajj Aboumrad. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Roberto Kriete Ávila - - - - - - - - - - - - - - - - - - - - - - - - -
   	José Kuri Harfush. Eduardo Tricio Haro.
   	Ángel Losada Moreno. Jaime Alverde Goya.
   	Francisco Medina Chávez. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Juan Antonio Pérez Simón. Vice Chairman - - - - - - - - - - - - - - - - - - - - - - - - -
   	Marco Antonio Slim Domit. Eduardo Valdés Acra.
   	Patrick Slim Domit. Oscar Von Hauske Solís.
   	Héctor Slim Seade. Jorge A. Chapa Salazar.
   	Fernando Solana Morales. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Michael J. Viola. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Michael Bowling. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Rafael Kalach Mizrahi. - - - - - - - - - - - - - - - - - - - - - - - - -
   	Ricardo Martín Bringas. Jorge C. Esteve Recolons.

    

    

   Executive Committee
   	Directors Alternate Directors
   	1.- Carlos Slim DomiT Chairman 1.- Oscar Von Hauske Solís
   	2.- Juan Antonio Peréz Simón 2.- Antonio Cosío Ariño
   	3.- Héctor Slim Seade 3.- Daniel Hajj Aboumrad
   	4.- Michael J. Viola 4.- Michael Bowling

    

   Audit Committee C.P. Rafael Kalach Mizrahi. Chairman Lic. José Kuri Harfush Ing. Antonio Cosío Ariño

   Corporate Practices Committee C.P. Juan Antonio Pérez Simón. Chairman Lic. Jaime Alverde Goya. Ing. Antonio Cosío Pando

   
   

5. Pursuant to Article 26 of the Mexican Securities Law (Ley del Mercado de Valores), Independent Board Members were qualified based on the information files held by the Company.

TELMEX is a corporation made up of Teléfonos de México, S.A.B. de C.V. and subsidiaries, that provides telecommunications services in Mexico. The company’s service coverage comprises the operation of the nation’s most complete local and long distance networks. Additionally, TELMEX offers services like connectivity, Internet access, co-location, web hosting and interconnection services to other telecommunications operators.