TELEPHONE & DATA SYS INC

Ticker: TDS CUSIP: 879433829 Class: COM NEW

QV Investors Inc.'s Holding History (CIK: 0001570253)

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

Q3 2017
Shares 452,829 Value ($000) $12,629 Avg Close $28.25 Range $26.33 - $29.87
Q2 2017
Shares 550,259 Value ($000) $15,269 Avg Close $27.48 Range $25.57 - $29.31
Q1 2017
Shares 823,159 Value ($000) $21,821 Avg Close $28.63 Range $24.84 - $32.98
Q4 2016
Shares 548,997 Value ($000) $15,849 Avg Close $27.26 Range $24.12 - $30.17
Q3 2016
Shares 664,589 Value ($000) $18,064 Avg Close $29.16 Range $26.46 - $32.00
Q2 2016
Shares 660,403 Value ($000) $19,588 Avg Close $28.77 Range $25.54 - $30.70
Q1 2016
Shares 750,573 Value ($000) $22,584 Avg Close $25.22 Range $20.83 - $30.29
Q4 2015
Shares 740,423 Value ($000) $19,169 Avg Close $27.30 Range $24.83 - $30.59
Q3 2015
Shares 855,885 Value ($000) $21,363 Avg Close $28.09 Range $24.51 - $30.64
Q2 2015
Shares 838,135 Value ($000) $24,642 Avg Close $28.69 Range $24.84 - $30.76
Q1 2015
Shares 1,090,285 Value ($000) $27,148 Avg Close $24.99 Range $23.00 - $26.64
Q4 2014
Shares 986,485 Value ($000) $24,910 Avg Close $24.62 Range $22.19 - $26.49
Q3 2014
Shares 973,885 Value ($000) $23,334 Avg Close $25.38 Range $23.08 - $26.93
Q2 2014
Shares 894,095 Value ($000) $23,345 Avg Close $26.51 Range $24.67 - $28.41
Q4 2013
Shares 706,470 Value ($000) $18,213 Avg Close $28.28 Range $24.22 - $31.52
Q1 2011
Shares 869,970 Value ($000) $22,804 Avg Close — Range —