X0202 5 2005-12-31 0 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0001141616 BARR JAMES III 535 JUNCTION ROAD MADISON WI 53717 1 1 0 0 President of a subsidiary Common Shares 2005-12-31 5 J 0 230.9546 30.6255 A 5116.9 D Common Shares 2005-12-31 5 J 0 45 A 5116.9 D Special Common Shares 2005-05-13 5 J 0 4851.7 A 4887.8 D Special Common Shares 2005-12-31 5 J 0 36.2 A 4887.8 D Common Shares 2005-12-31 5 J 0 2.03 A 656.88 I By 401K plan Special Common Shares 2005-12-31 5 J 0 659.56 A 659.56 I By 401K Plan Option (Right to buy) 104.00 2005-05-13 5 J 0 30400 A 2010-03-10 Tandem Common and Special Common Shares 30400 30400 D Option (Right to buy) 99.44 2005-05-13 5 J 0 6785 A 2001-12-15 2011-04-30 Tandem Common and Special Common Shares 6785 6785 D Option (Right to buy) 66.00 2005-05-13 5 J 0 13905 A 2005-04-30 2014-05-08 Tandem Common and Special Common Shares 13905 13905 D Option (Right to buy) 77.36 2005-05-13 5 J 0 47493 A 2005-12-15 2015-04-20 Tandem Common and Special Common Shares 47493 47493 D Restricted Stock Units 2005-05-13 5 J 0 7981 A 2007-12-15 Tandem Common and Special Common Shares 7981 7981 D Option (Right to buy) 30.6255 2005-12-31 5 J 0 230.9546 D 2005-12-31 2005-12-31 Common Shares 230.9546 0 D Voluntary acquisition of shares through the dividend reinvestment plan in 2005. Voluntary reporting of 2005 share activity in the TDS 401K plan. The information is based on a plan statement dated 12/31/05. The number of shares fluctuates and is attributable to the price of the shares on 12/31/05. Granted under the TDS 1998 Long Term Incentive Plan. The option was exercisable with respect to 6,080 common shares on 12/15/00, 12/15/01, 12/15/02, 12/15/03 and 12/15/04 for a total of 30,400 common shares. Granted under the TDS Long Term Incentive Plan. On May 13 TDS authorized a special common dividend to holders of common shares in which one special common share was distributed to all shareholders making this acquisition exempt from Section 16a-9(a). Common shares were granted without consideration under the long-term incentive plan. As a result of the special common dividend, all options to purchase common shares as of May 13 under the long term incentive plan, whether vested or unvested, were adjusted into tandem options. The tandem option provides that upon exercise, the optionee purchases the number of common shares originally subject to the option plus an equal number of special common shares. Restricted stock unit award pursuant to the 2004 Long-Term Incentive Plan. Stock units will become vested on December 15, 2007. Restricted stock units for common shares were granted without consideration under the long term incentive plan. As a result of the special common stock dividend,all restricted stock units as of May 13 that are be settled in common shares, whether vested or unvested, were adjusted to provide shat such award will be settled in the number of common shares originally subject to the award plus an equal number of special common shares. Disposition of option and acquisition of shares under the TDS Employee Stock Purchase Plan. Julie D. Mathews, by power of atty 2006-01-24