TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

Manning & Napier Advisors LLC's Holding History (CIK: 0000062039)

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

Q4 2015

Shares 206,900 Value ($000) $5,356 Avg Close $27.30 Range $24.83 - $30.59

Q3 2015

Shares 678,530 Value ($000) $16,934 Avg Close $28.09 Range $24.51 - $30.64

Q2 2015

Shares 678,530 Value ($000) $19,948 Avg Close $28.69 Range $24.84 - $30.76

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	206,900	$5,356	$27.30	$24.83 - $30.59
Q3 2015	678,530	$16,934	$28.09	$24.51 - $30.64
Q2 2015	678,530	$19,948	$28.69	$24.84 - $30.76