TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

Nokomis Capital, L.L.C.'s Holding History (CIK: 0001541055)

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

Q1 2017

Shares 317,592 Value ($000) $8,419 Avg Close $28.63 Range $24.84 - $32.98

Q4 2016

Shares 394,148 Value ($000) $11,379 Avg Close $27.26 Range $24.12 - $30.17

Q3 2016

Shares 394,148 Value ($000) $10,713 Avg Close $29.16 Range $26.46 - $32.00

Q2 2016

Shares 449,768 Value ($000) $13,340 Avg Close $28.77 Range $25.54 - $30.70

Q1 2016

Shares 449,768 Value ($000) $13,534 Avg Close $25.22 Range $20.83 - $30.29

Q4 2015

Shares 382,477 Value ($000) $9,902 Avg Close $27.30 Range $24.83 - $30.59

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	317,592	$8,419	$28.63	$24.84 - $32.98
Q4 2016	394,148	$11,379	$27.26	$24.12 - $30.17
Q3 2016	394,148	$10,713	$29.16	$26.46 - $32.00
Q2 2016	449,768	$13,340	$28.77	$25.54 - $30.70
Q1 2016	449,768	$13,534	$25.22	$20.83 - $30.29
Q4 2015	382,477	$9,902	$27.30	$24.83 - $30.59