TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

GOLDENTREE ASSET MANAGEMENT LP's Holding History (CIK: 0001278951)

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

Q4 2013

Shares 119,290 Value ($000) $3,075 Avg Close $28.28 Range $24.22 - $31.52

Q3 2013

Shares 299,470 Value ($000) $8,849 Avg Close $27.50 Range $23.21 - $29.83

Q2 2013

Shares 359,705 Value ($000) $8,867 Avg Close $22.54 Range $20.57 - $24.87

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	119,290	$3,075	$28.28	$24.22 - $31.52
Q3 2013	299,470	$8,849	$27.50	$23.21 - $29.83
Q2 2013	359,705	$8,867	$22.54	$20.57 - $24.87