TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

Adams Asset Advisors, LLC's Holding History (CIK: 0001386929)

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

Q2 2014

Shares 31,370 Value ($000) $819 Avg Close $26.51 Range $24.67 - $28.41

Q1 2014

Shares 31,370 Value ($000) $822 Avg Close $25.45 Range $21.30 - $27.90

Q4 2013

Shares 31,370 Value ($000) $808 Avg Close $28.28 Range $24.22 - $31.52

Q3 2013

Shares 21,720 Value ($000) $641 Avg Close $27.50 Range $23.21 - $29.83

Q2 2013

Shares 21,720 Value ($000) $535 Avg Close $22.54 Range $20.57 - $24.87

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	31,370	$819	$26.51	$24.67 - $28.41
Q1 2014	31,370	$822	$25.45	$21.30 - $27.90
Q4 2013	31,370	$808	$28.28	$24.22 - $31.52
Q3 2013	21,720	$641	$27.50	$23.21 - $29.83
Q2 2013	21,720	$535	$22.54	$20.57 - $24.87