X0303 5 2009-12-31 0 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0001230118 CARLSON WALTER CD 30 N. LASALLE ST., STE. 4000 CHICAGO IL 60602 1 0 0 0 Common Shares 6001.7233 D Special Common Shares 10593.0594 D Special Common Shares 1899863.7104 I By Voting Trust Series A Common shares Common or Special Common Shares 904.9768 904.9768 D Series A Common Shares 2009-12-29 5 H 0 2241 D Common or Special Common Shares 1927572.0957 1927572.0957 I By Voting Trust Series A Common shares are convertible, on a share-for-share basis, into common or special common shares. Reporting person is one of four trustees which is record owner of these shares and while files its holdings on forms 4. Of these shares, 110,241.93 (including 8986.93 shares acquired pursuant to a dividend reinvestment plan) are held as custodian for children, 7770 are held by wife and 686,786.385747 (including 16,789.385747 acquired pursuant to a dividend reinvestment plan) are held by family partnership of which reporting person is a general partner. Reporting person disclaims beneficial ownerhip of the shares owned by wife and the shares held as custodian for children. The remaining shares include 507,636.48 (including 7636.48 shares acquired pursuant to a dividend reinvestment plan) owned by two GRAT's, 93,961.96 shares acquired pursuant to a dividend reinvestment plan and 521,175.33 in the individual reporting person's name. Reporting person is one of four trustees which is record owner of these shares and while files its holdings on forms 4. Of these shares, 110,529.04 (9274.04 including shares acquired pursuant to a dividend reinvestment plan) are held as custodian for children, 7770 are held by wife and 685,394.25047 (including 15397.425047 acquired pursuant to a dividend reinvestment plan) are held by family partnership of which reporting person is a general partner. Reporting person disclaims beneficial ownerhip of the shares owned by wife and the shares held as custodian for children. The remaining shares include 500,000 owned by two GRAT's, 74,995.12 shares acquired pursuant to a dividend reinvestment plan amd 521,175.33 in the individuals reporting person's name. Julie D. Mathews, by power of atty 2010-01-15