SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

Linscomb & Williams, Inc.'s Holding History (CIK: 0001313294)

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

Q1 2020

Shares 25,139 Value ($000) $1,238 Avg Close $44.42 Range $38.35 - $51.00

Q4 2019

Shares 37,707 Value ($000) $1,569 Avg Close $35.41 Range $29.61 - $41.73

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	25,139	$1,238	$44.42	$38.35 - $51.00
Q4 2019	37,707	$1,569	$35.41	$29.61 - $41.73