TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

M&T Bank Corp's Holding History (CIK: 0000036270)

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

Q1 2015

Shares 8,147 Value ($000) $202 Avg Close $24.99 Range $23.00 - $26.64

Q4 2014

Shares 8,654 Value ($000) $217 Avg Close $24.62 Range $22.19 - $26.49

Q3 2014

Shares 9,269 Value ($000) $221 Avg Close $25.38 Range $23.08 - $26.93

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	8,147	$202	$24.99	$23.00 - $26.64
Q4 2014	8,654	$217	$24.62	$22.19 - $26.49
Q3 2014	9,269	$221	$25.38	$23.08 - $26.93