TELEFONICA S A

Ticker: TELFY CUSIP: 879382208 Class: SPONSORED ADR

JOHNSON INVESTMENT COUNSEL INC's Holding History (CIK: 0000821197)

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

Q4 2016

Shares 11,167 Value ($000) $102 Avg Close — Range —

Q3 2016

Shares 11,129 Value ($000) $112 Avg Close — Range —

Q3 2014

Shares 12,409 Value ($000) $190 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	11,167	$102	—	—
Q3 2016	11,129	$112	—	—
Q3 2014	12,409	$190	—	—