TELUS CORPORATION

Ticker: TU CUSIP: 87971M103 Class: COM

Mawer Investment Management Ltd.'s Holding History (CIK: 0001538449)

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

Q2 2019

Shares 9,189,258 Value ($000) $340,417 Avg Close $18.50 Range $17.82 - $19.16

Q1 2019

Shares 9,170,726 Value ($000) $339,511 Avg Close $17.67 Range $16.35 - $18.68

Q4 2018

Shares 8,928,454 Value ($000) $297,828 Avg Close $17.40 Range $16.23 - $18.62

Q3 2018

Shares 6,939,318 Value ($000) $257,319 Avg Close $18.31 Range $17.59 - $18.85

Q2 2018

Shares 5,525,402 Value ($000) $196,439 Avg Close $17.69 Range $17.18 - $18.11

Q1 2018

Shares 4,711,247 Value ($000) $165,262 Avg Close $18.25 Range $17.14 - $19.10

Q4 2017

Shares 4,628,280 Value ($000) $175,340 Avg Close $18.51 Range $17.73 - $19.25

Q3 2017

Shares 4,896,725 Value ($000) $176,249 Avg Close $17.89 Range $17.02 - $18.47

Q2 2017

Shares 5,020,880 Value ($000) $173,399 Avg Close $16.78 Range $16.03 - $17.42

Q1 2017

Shares 5,025,071 Value ($000) $162,894 Avg Close $16.39 Range $15.64 - $16.95

Q4 2016

Shares 5,352,552 Value ($000) $170,335 Avg Close $15.94 Range $15.15 - $16.61

Q3 2016

Shares 5,320,284 Value ($000) $174,754 Avg Close $16.53 Range $15.75 - $17.06

Q1 2016

Shares 5,515,639 Value ($000) $179,096 Avg Close $14.39 Range $12.17 - $16.48

Q4 2015

Shares 5,735,615 Value ($000) $158,391 Avg Close $15.56 Range $13.19 - $16.93

Q3 2015

Shares 5,642,129 Value ($000) $178,479 Avg Close $16.63 Range $15.53 - $17.45

Q2 2015

Shares 5,612,753 Value ($000) $193,676 Avg Close $17.16 Range $16.48 - $17.77

Q1 2015

Shares 5,379,647 Value ($000) $184,506 Avg Close $17.29 Range $16.27 - $18.09

Q4 2014

Shares 5,335,509 Value ($000) $199,007 Avg Close $18.01 Range $16.38 - $19.47

Q3 2014

Shares 5,534,108 Value ($000) $188,849 Avg Close $17.83 Range $17.05 - $18.84

Q2 2014

Shares 6,236,810 Value ($000) $232,337 Avg Close $18.29 Range $16.95 - $19.38

Q1 2014

Shares 6,294,378 Value ($000) $225,673 Avg Close $17.24 Range $16.48 - $18.38

Q4 2013

Shares 6,302,300 Value ($000) $216,831 Avg Close $17.25 Range $16.27 - $18.02

Q3 2013

Shares 6,291,529 Value ($000) $208,807 Avg Close $15.59 Range $14.66 - $17.43

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	9,189,258	$340,417	$18.50	$17.82 - $19.16
Q1 2019	9,170,726	$339,511	$17.67	$16.35 - $18.68
Q4 2018	8,928,454	$297,828	$17.40	$16.23 - $18.62
Q3 2018	6,939,318	$257,319	$18.31	$17.59 - $18.85
Q2 2018	5,525,402	$196,439	$17.69	$17.18 - $18.11
Q1 2018	4,711,247	$165,262	$18.25	$17.14 - $19.10
Q4 2017	4,628,280	$175,340	$18.51	$17.73 - $19.25
Q3 2017	4,896,725	$176,249	$17.89	$17.02 - $18.47
Q2 2017	5,020,880	$173,399	$16.78	$16.03 - $17.42
Q1 2017	5,025,071	$162,894	$16.39	$15.64 - $16.95
Q4 2016	5,352,552	$170,335	$15.94	$15.15 - $16.61
Q3 2016	5,320,284	$174,754	$16.53	$15.75 - $17.06
Q1 2016	5,515,639	$179,096	$14.39	$12.17 - $16.48
Q4 2015	5,735,615	$158,391	$15.56	$13.19 - $16.93
Q3 2015	5,642,129	$178,479	$16.63	$15.53 - $17.45
Q2 2015	5,612,753	$193,676	$17.16	$16.48 - $17.77
Q1 2015	5,379,647	$184,506	$17.29	$16.27 - $18.09
Q4 2014	5,335,509	$199,007	$18.01	$16.38 - $19.47
Q3 2014	5,534,108	$188,849	$17.83	$17.05 - $18.84
Q2 2014	6,236,810	$232,337	$18.29	$16.95 - $19.38
Q1 2014	6,294,378	$225,673	$17.24	$16.48 - $18.38
Q4 2013	6,302,300	$216,831	$17.25	$16.27 - $18.02
Q3 2013	6,291,529	$208,807	$15.59	$14.66 - $17.43