<SEC-DOCUMENT>0001051512-14-000044.txt : 20140529
<SEC-HEADER>0001051512-14-000044.hdr.sgml : 20140529
<ACCEPTANCE-DATETIME>20140529162551
ACCESSION NUMBER:		0001051512-14-000044
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20140522
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140529
DATE AS OF CHANGE:		20140529

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TELEPHONE & DATA SYSTEMS INC /DE/
		CENTRAL INDEX KEY:			0001051512
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				362669023
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14157
		FILM NUMBER:		14876388

	BUSINESS ADDRESS:	
		STREET 1:		30 NORTH LASALLE STREET
		STREET 2:		STE 4000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
		BUSINESS PHONE:		3126301900

	MAIL ADDRESS:	
		STREET 1:		30 NORTH LASALLE STREET
		STREET 2:		STE 4000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tds8k.htm
<DESCRIPTION>8-K
<TEXT>

<html>

<head>
<meta content="text/html; charset=utf-8" />




&nbsp;</head>

<body><a name="page_1"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

<DIV bclHeader>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:18.0pt;layout-grid-mode:line;">FORM 8-K</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.5in;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:18.0pt;layout-grid-mode:line;">SECURITIES AND EXCHANGE
COMMISSION</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Washington, D.C. 20549</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">CURRENT REPORT</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">Pursuant to Section 13 or 15(d)
of</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">The Securities Exchange Act of
1934</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Date of Report (Date of earliest event reported): </font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">May 22, 2014</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:18.0pt;layout-grid-mode:line;">TELEPHONE AND DATA SYSTEMS, INC.</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(Exact name of registrant as specified in their charter)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;height:9.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:white;height:9.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:9.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:white;height:9.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:9.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:9.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">Delaware</font></b></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">001-14157</font></b></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">36-2669023</font></b></p>
  </td>
 </tr>
<tr style="height:25.5pt;">
  <td valign=bottom width=4% style="background:white;height:25.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:white;height:25.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">(State or other
  jurisdiction</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">of incorporation)</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:25.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="background:white;height:25.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">(Commission File
  Number)</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:25.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=24% style="background:white;height:25.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">(I.R.S. Employer
  Identification No.)</font></p>
  </td>
 </tr>
<tr style="height:6.75pt;">
  <td valign=bottom width=4% style="background:white;height:6.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:white;height:6.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:6.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:white;height:6.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:6.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:6.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=66% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">30 North LaSalle
  Street, Suite 4000, Chicago, Illinois</font></b></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">60602&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=66% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">(Address of principal
  executive offices)</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">(Zip Code)</font></p>
  </td>
 </tr>
</table></div>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">Registrant's
telephone number, including area code:&#160; </font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(312) 630-1900</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">Not
Applicable</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(Former
name or former address, if changed since last report)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:11.0pt;layout-grid-mode:char;">&#168;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">Written communications
  pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:11.0pt;layout-grid-mode:char;">&#168;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">Soliciting material pursuant
  to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:11.0pt;layout-grid-mode:char;">&#168;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2(b))</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:11.0pt;layout-grid-mode:char;">&#168;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;layout-grid-mode:char;">Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c))</font></p>
  </td>
 </tr>
</table></div>






<DIV bclFooter>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_2"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

<DIV bclHeader>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:.2pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Item 5.02.&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers</font></u></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">At the Annual Meeting of shareholders of
Telephone and Data Systems, Inc. (&#8220;TDS&#8221;) held on May 22, 2014 (&#8220;Annual
Meeting&#8221;), based on the below voting results, the shareholders of TDS approved
(i) an amendment (the &#8220;Amendment&#8221;) to the Telephone and Data Systems, Inc. 2011
Long-Term Incentive Plan (the &#8220;2011 Incentive Plan&#8221;), and (ii) the material
terms of the performance goals under such plan.</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">The Amendment increases the number of Common
Shares reserved for issuance under the 2011 Incentive Plan by 5 million Common
Shares to 11 million Common Shares.&#160; The Amendment does not modify the 2011
Incentive Plan except to increase the Common Shares reserved for issuance.</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Other terms of the 2011 Incentive Plan,
including material terms of performance goals under such plan, are set forth
under Proposal 3 of the TDS definitive proxy statement dated April 18, 2014, as
filed with the SEC on Schedule 14A on April 18, 2014, which are incorporated by
reference herein. </font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">The foregoing description is qualified in its
entirety by reference to the 2011 Incentive Plan, which is included as Exhibit
10.1 to this Form 8-K and incorporated by reference into this Item 5.02, and
the Amendment to the 2011 Incentive Plan, which is included as Exhibit 10.2 to
this Form 8-K and incorporated by reference into this Item 5.02.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Item 5.07&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Submission
of Matters to a Vote of Security Holders.</font></u></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">At the Annual Meeting, the
following number of votes were cast for the matters indicated.&#160; On May 29,
2014, TDS issued a press release relating to the Annual Meeting, which is
attached hereto as Exhibit 99.1 and incorporated herein by reference.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">1.&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Election of Directors.</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:89%;">a.&#160;&#160; For the election of eight
Directors of TDS by the holders of Series A Common Shares and Preferred Shares:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:89%;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 6.0pt 0in 6.0pt;">
   <p style="margin:0in;margin-bottom:6.0pt;margin-left:57.0pt;margin-right:0in;margin-top:0in;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Nominee</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">For</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Withhold</font></u></b></p>
   </td>
 <td valign=top width=21% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">Broker<br>
   </font></b><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Non-vote&nbsp;</font></u></b></p>
   </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">LeRoy
  T. Carlson, Jr.</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Letitia
  G. Carlson, M.D.</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Prudence
  E. Carlson</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Walter
  C.D. Carlson</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Kenneth
  R. Meyers</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Donald
  C. Nebergall</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Christopher
  D. O&#8217;Leary</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td valign=top width=35% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Herbert S. Wander</font></p>
  <p style="margin-bottom:6.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">71,629,860</font></p>
  </td>
 <td valign=top width=22% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=21% style="height:22.5pt;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,590</font></p>
  </td>
 </tr>
</table></div>


<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Based on the above votes, each of the
above nominees was elected as a director.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-indent:-.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;page-break-after:avoid;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">b.&#160;&#160;&#160; For the election of four Directors
of TDS by the holders of Common Shares:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;page-break-after:avoid;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=bottom width=35% style="padding:0in 6.0pt 0in 6.0pt;">
   <p style="margin:0in;margin-bottom:6.0pt;margin-left:52.5pt;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Nominee</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&#160;</font><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">For&nbsp;</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;page-break-after:avoid;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Withhold</font></u></b></p>
   </td>
 <td valign=bottom width=21% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">Broker<br>
   </font></b><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Non-vote&nbsp;</font></u></b></p>
   </td>
 </tr>
<tr style="height:.25in;">
  <td valign=top width=35% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Clarence A. Davis</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">64,491,844</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">735,068</font></p>
  </td>
 <td valign=top width=21% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">2,186,750</font></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=top width=35% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">George W. Off</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">57,060,628</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,166,284</font></p>
  </td>
 <td valign=top width=21% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">2,186,750</font></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=top width=35% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Mitchell H. Saranow</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">57,104,451</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">8,122,461</font></p>
  </td>
 <td valign=top width=21% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">2,186,750</font></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=top width=35% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Gary L. Sugarman</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">64,498,301</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">728,611</font></p>
  </td>
 <td valign=top width=21% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">2,186,750</font></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=top width=35% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Philip T. Blazek</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">23,280,748</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">178,883</font></p>
  </td>
 <td valign=top width=21% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
<tr style="height:.25in;">
  <td valign=top width=35% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Walter M. Schenker</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">23,280,748</font></p>
  </td>
 <td valign=top width=22% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">178,883</font></p>
  </td>
 <td valign=top width=21% style="height:.25in;padding:0in 6.0pt 0in 6.0pt;">
  <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
  </td>
 </tr>
</table></div>



<DIV bclFooter>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_3"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

<DIV bclHeader>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Based on the above votes, each of the above
nominees other than Philip T. Blazek and Walter M. Schenker was elected as a
director.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">2.&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Proposal to Ratify the Selection of
PricewaterhouseCoopers LLP as Independent Public Accountants for 2014.&#160; </font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=bottom width=32% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">For</font></u></b></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Against</font></u></b></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Abstain</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">Broker<br>
   </font></b><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Non-vote&nbsp;</font></u></b></p>
   </td>
 </tr>
<tr>
  <td valign=bottom width=32% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">120,128,629</font></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">261,609</font></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">213,832</font></p>
   </td>
 <td valign=top width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">-</font></p>
   </td>
 </tr>
</table></div>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Based on the above votes, the above proposal
was approved.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">3.&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Proposal to approve (i) Amendment to 2011
Long-Term Incentive Plan to authorize 5 million additional Common Shares for
issuance under such plan and (ii) the material terms of the performance goals
under such plan.</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=bottom width=32% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">For</font></u></b></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Against</font></u></b></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Abstain</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">Broker<br>
   </font></b><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Non-vote&nbsp;</font></u></b></p>
   </td>
 </tr>
<tr>
  <td valign=bottom width=32% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">98,606,546</font></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">20,431,164</font></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">379,475</font></p>
   </td>
 <td valign=top width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">1,186,885</font></p>
   </td>
 </tr>
</table></div>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Based on the above votes, the above proposal
was approved.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">4.&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Proposal to approve, on an advisory basis, the
compensation of our named executive officers as disclosed in TDS&#8217; Proxy
Statement dated April 18, 2014 (commonly known as &#8220;Say-on-Pay&#8221;).&nbsp;</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;text-indent:-13.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=bottom width=32% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">For</font></u></b></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Against</font></u></b></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Abstain</font></u></b></p>
   </td>
 <td valign=bottom width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;">Broker<br>
   </font></b><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;">Non-vote&nbsp;</font></u></b></p>
   </td>
 </tr>
<tr>
  <td valign=bottom width=32% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">101,840,279</font></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">11,651,279</font></p>
   </td>
 <td valign=bottom width=23% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">5,925,080</font></p>
   </td>
 <td valign=top width=22% style="padding:0in 6.0pt 0in 6.0pt;">
   <p align=center style="margin:0in;margin-bottom:6.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">1,186,885</font></p>
   </td>
 </tr>
</table></div>


<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Based on the above votes, the above proposal
was approved.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Item 9.01.&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Financial Statements and
Exhibits</font></u></p>

<p style="margin-left:0in;margin-right:0in;text-indent:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Exhibits</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">In accordance with the provisions of Item 601
of Regulation S-K, any Exhibits filed herewith are set forth on the Exhibit Index
attached hereto.</font></p>





<DIV bclFooter>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_4"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

<DIV bclHeader>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:.2pt;">&nbsp;</font></p>

<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=100% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">SIGNATURES</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=100% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=100% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Pursuant to the
  requirements of the Securities Exchange Act of 1934, the registrant has duly caused
  this report to be signed on its behalf by the undersigned, thereto duly
  authorized.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Telephone and
  Data Systems, Inc.</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">(Registrant)</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Date:</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">May 29, 2014</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">By:</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">/s/ Douglas D.
  Shuma</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Douglas D.
  Shuma</font></p>
  </td>
 <td valign=top width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Senior Vice President
  and Controller</font></p>
  </td>
 <td valign=bottom width=52% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=88% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">(principal
  financial officer and principal accounting officer)</font></p>
  </td>
 </tr>
</table></div>






<DIV bclFooter>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_5"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

<DIV bclHeader>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:.2pt;">&nbsp;</font></p>

<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=100% style="background:white;border:none;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">EXHIBIT INDEX</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=81% style="background:white;border:none;height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=100% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">The following exhibits are filed or
  furnished herewith as noted below.</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=11% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=81% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:26.25pt;">
  <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:26.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Exhibit</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">No.</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:26.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=81% style="background:white;border:none;border-bottom:solid black 1.0pt;height:26.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Description of Exhibit</font></b></p>
  </td>
 </tr>
<tr style="height:38.25pt;">
  <td valign=top width=11% style="background:white;border:none;height:38.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">10.1&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:white;border:none;height:38.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=81% style="background:white;border:none;height:38.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Telephone and
  Data Systems, Inc. 2011 Long-Term Incentive Plan, is hereby incorporated by
  reference from Exhibit B to the TDS definitive proxy statement dated April
  18, 2014, which was filed with the SEC on Schedule 14A on April 18, 2014</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=top width=11% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=81% style="background:white;border:none;height:12.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:38.25pt;">
  <td valign=top width=11% style="background:white;border:none;height:38.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">10.2&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="background:white;border:none;height:38.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=81% style="background:white;border:none;height:38.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Amendment No. 1
  to Telephone and Data Systems, Inc. 2011 Long-Term Incentive Plan, is hereby
  incorporated by reference from Exhibit A to the TDS definitive proxy
  statement dated April 18, 2014, which was filed with the SEC on Schedule 14A
  on April 18, 2014</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=11% style="background:white;border:none;height:15.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:15.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=81% style="background:white;border:none;height:15.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=top width=11% style="background:white;border:none;height:15.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">99.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:15.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=81% style="background:white;border:none;height:15.0pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Press Release
  dated May 29, 2014</font></p>
  </td>
 </tr>
</table></div>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>




<DIV bclFooter>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div></BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tds8kex991.htm
<DESCRIPTION>EX-99.1
<TEXT>

<html>

<head>
<meta content="text/html; charset=utf-8" />




&nbsp;</head>

<body link=blue vlink=purple><a name="page_1"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

<DIV bclHeader>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





</DIV>
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#0066CC face=Arial,sans-serif lang=EN-US style="font-size:18.0pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Exhibit
99.1</font><font face=Arial,sans-serif lang=EN-US style="font-size:18.0pt;">&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><b><font color=#0066CC face=Arial,sans-serif lang=EN-US style="font-size:18.0pt;">NEWS RELEASE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><img alt="Header w-address" height=140 id="Picture 1" src="tds8kex991-x0x0.jpg" width=696></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">FOR
RELEASE: IMMEDIATE</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">TDS COMMON SHAREHOLDERS ELECT
FOUR INCUMBENT DIRECTORS</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">CHICAGO,
(May 29, 2014) &#8211; The annual meeting of stockholders of Telephone and Data
Systems, Inc. [NYSE: TDS] was held on May 22, 2014.&#160;&#160; TDS is pleased to
announce that over 90 million common shares were represented in person or by
proxy at the meeting and each of TDS&#8217; four incumbent directors nominated for
election by the common shares -- Clarence A. Davis, George W. Off, Mitchell H.
Saranow, and Gary L. Sugarman -- received at least 63 percent support.&#160; Also,
each of TDS&#8217; eight incumbent directors nominated for election by the Series A
common shares and preferred shares was elected by a substantial margin.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Additionally,
TDS shareholders provided substantial support for Proposals 2 (Ratification of
Independent Registered Public Accounting Firm), Proposal 3 (Amend Long-Term
Incentive Plan and approve material terms of performance goals), and Proposal 4
(Advisory Vote on Executive Compensation or &#8220;Say-on-Pay&#8221;).&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#8220;We truly
appreciate our shareholders&#8217; substantial support and strongly believe that
these incumbent directors will continue to best represent TDS shareholders as
the company works to build shareholder value,&#8221; said LeRoy T. Carlson, Jr.,
president and CEO.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">TDS
expects to file a Form 8-K Current Report with the SEC later today.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">About
TDS</font></b></p>

<p style="margin:0in;margin-bottom:15.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Telephone
and Data Systems, Inc. (TDS), a Fortune 500&#174; company, provides wireless; cable
and wireline broadband, TV and voice; and hosted and managed services&nbsp;to
approximately 5.8 million customers nationwide through its business units, U.S.
Cellular, TDS Telecom, OneNeck IT Solutions and Baja Broadband. Founded in 1969
and headquartered in Chicago, TDS employed 10,600 people as of March 31, 2014. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Visit </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">www.teldta.com&nbsp;</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;"> for comprehensive financial
information, </font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">including earnings releases, quarterly
and annual filings, shareholder information and more. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Contact
</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Jane W.
McCahon, Vice President, Corporate Relations and Corporate Secretary </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">(312)
592-5379</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">jane.mccahon@teldta.com</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Julie D.
Mathews, Manager, Investor Relations</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">(312)
592-5341</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">julie.mathews@teldta.com</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=NL style="font-size:10.0pt;">USM:&#160;
www.uscellular.com</font><font face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;">TDS
Telecom: www.tdstelecom.com</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">OneNeck IT
Solutions: www.oneneck.com</font><font face="Times New Roman,serif" lang=NL style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>




<DIV bclFooter>





<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div></BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>tds8kex991-x0x0.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tds8kex991-x0x0.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!PD'!@H)"`D+"PH,#QD0#PX.
M#QX6%Q(9)"`F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$!`)C!&2T4^2CD_0#W_
MVP!#`0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P``1"`",`K@#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MK,U_6DT'3&O9(FE4.J[5(!YIQBY.R)E)13D]C3HKA?\`A:-K_P!`V?\`[^+1
M_P`+1M?^@;/_`-_%KH^IUOY3F^O8?^8[JBN%_P"%HVO_`$#9_P#OXM'_``M&
MU_Z!L_\`W\6CZG6_E#Z]A_YCNJ*X7_A:-K_T#9_^_BU<TGX@6^K:I!9)8S1M
M,Q4,S@@<$_TI/"UHJ[B5'&4)-)2.NHHHKG.D****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`*Y;XB?\`(J2?]=D_G74URWQ$_P"13D_Z[)_.ML/_`!8^IABOX,O0\\\/
M:!-XAOVMH94BV)O9G!/&0.!^-=[8?#?2K=<W;S73^[;%_(?XUPWA?5;'2=0E
MFU""2:-HMH5.H.0<]16_JGB_1;G3+B&RL[J&X="(Y.FT^N=U>IB57E/EA=(\
MC"O#QI\T[-^9TW_"!:!_SYM_W]?_`!I&\`Z`RD"T=2>XE;(_6O*O[1O?^?RY
M_P"_K?XUJ>'M=CL=2,NJM<W-OY94)O+?-Q@X)^M1+"UXJZFV7'%X>32=-+^O
M0W=<^'/V*UGN["\W1Q(9&CF'.`,\$?X5@>#?^1MT[_?/_H)KH-0\7:#<Z=<P
MP6%RDLD3*C$#`)'!^]7/^#?^1MT[_?/_`*":T@ZOL9^T[?H95%15>'LNZ_,]
MGHHHKQ#Z`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HK+\0:3<ZS8+;VFJ7.FR"0.9K?[Q`S\OTY_2O.O`,&M>(-3O
MGN?$VIB/3+Q4\O?E9E!/#?7;^M`'K-%>,Z5J%UJ^MZVFI^-KO2$MKIEA0S@!
MEW-TW'M@5L:KJ5_IOBWP986NMW-W:SJ/-E\SBY&[[S8X/%`'IU%<I\2[^ZTS
MP1>7-A<2V\ZO&%DC;##+@'FL#PE&+NXTNYD\>W-S<R!9'T]IE.YMN2A&<\<_
ME0!Z517C&GW>J:L/$]S/XLO[$Z;*_D)YPV-RQ`P?]T#CUI+[QIK4_A3PK?S7
MTUM)+>21W$B-L$R*RC+8]LY_&@#VBBO-K[Q9_:/Q2T*WT;5S-ITD9$\<$N8V
M;YSR/7I5#2#J_CN37]2;7;^Q2SE:.TAM9-B+@$C([]!^M`'K%%>*W_C+7-1^
M&VE745]/#?\`V\VDDL+;6EPN1G'U'Y5HWGB[4;W3/!TD5Y/!</?_`&2_5&QO
M9&56#?7K^-`'K-%>.KJ%WJ7C;Q!:7_C&[T>VM;AA`/."J1N(VC)[8%>G^'(A
M#H5LJZF^J+@D7CL&,H)/.1Q[?A0!IT5YO\2-6U677;'1="O9K6<6TUW,T+8)
M55)`/_?)_,4[4/$]W>_!==7MKJ2*]$4:O+&V&#APK<^_/YT`>C45XQ+XPU=O
MA==+)?7,6KV-U$KS!\2-&_S*2>^0<?A6G?7&JZO\2+/1H];U"RMI=/24_9Y,
M?-L))P?6@#U2BN`\#:QJD/BW6?#6JWSWXL@)(;B0#>5R.#^##]:[^@`HHHH`
M****`"BBB@`HHHH`****`"BBB@#`UCQEINB7YM+L3F4*&^1,C!_&L+6?&/AW
M7=/:SN3?K&6#9CC`.1^-=C<:58W<OFW-G;S28QNDC#''U-<OX\TNQM/#,DMM
M96\,@E0;HXPIQGU%==#V3E%6=_4XL0JRC)W5NUCE=G@[_GMJ_P#WRM&SP=_S
MUU?_`+Y6K?PZL+6_U&]2\MXIU6)2HD4,`<^]97C&WAM/%%Y#;Q)%$NW"(,`?
M*.U>DK.JZ7,]/,\N5U157E6OD7(X?!KN%:YU5`?XF5<#\A70+X&\./IWV]=1
MG-IMW>;YB[<?E61XITRSM?"NBW5O;QQ3RJHD=!@O\F>?QJJL<\GPV)BW&./4
M"T@'9=H_3)%9OFE%2C-K6QHN6$G&<$[*^@DT?@^*0JDVK3`?Q(%`_4"NA\):
M/X<NM0CO-+N[MKBV.[R9B`1QC)&.1SV-<SX;N]`AAGBURT>1Y#\DP!8(,=,#
MI]:Z7PEX;L(]2BU'3-;%SY.0\8BVD@C&",Y'Y=J6(?+&2;DOR8\,N:<9*,7^
M:.]HHHKQSW`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"O.OA1;3V]WXE,\$L0>]ROF(5W#+<C/6NSU_6H/#NBW&IW2
M220P`%EC`+')`XS]:YNW^*>E/+:_;+#4[&"[($-S<0`1-GIR#T]Z`.%T632]
M,UW7CXB\.7E^)KMC`RV1D"C<V>OKD5H^)[V,>(?"&KV.E7R:?;1E_(2V.^-5
M?&W:.AXZ5Z'XJ\667A*PANKU)I1-)Y:)"`6)P3GDCCBJ%S\0+.#0]/U6'3M1
MNK>]1G'V>$,8MO7?SQ_]8T`<[XP\2IXM\#:K!8:;J<4L)A;;/;%2V7'W>N<8
MYIGA#4_#L$VD6Z^%[V'5`$B-T;#:!)C!8MZ=>:Z#P_\`$:S\27T-O9Z7J:QR
MEA]H>$>4I`SRP)J7P_\`$/2O$>NRZ7:1W"2H'97D4!9`IP=N#^-`'(^!?"&G
MZQK/B*37=*,OEWA,!G1E&"SYQTR.E7OBEI63X8M;*Q+6T5T5,<,1*HGR\$`<
M"O1YYX[:"2:9PD4:EW8]``,DUPW_``MG3Q$+QM*U0:49/*^WF(>7G\\T`9VJ
MZ'#IOQ=\/'3--$%J(BTC00X0-\XY(&,]*S]`U&3P"?$6EZGI]\TD\S26CPP,
MZRY!`Y'X?K7>67C2PO/%+Z$(IH[@1>='(P'ES(0""I!]#G\#6>OQ/T<Z?J-\
M8KI;2RF$`DV#$\ASA4YYX&><<4`<!<>'=2TWX<Z'#/9SBXEU;[0T2H2R*1@;
M@.G`S^-6O%F@WNG?$JR%M!,^GW5_%>C9&65'+`/DCITS^-=OIGQ%M;S5H--O
MM,U#3;FZ3?;"Y0`3#&>,'J<52D^+5C%<1V\NB:TD\GW(FMP';Z#.30,Y*)M/
MT[QYXDFU_0+S4()KEO(V69E`.XY(SQR,5ZIX9N[.]T&WETZREL;496.WEB\M
MD`)'W>U85_\`$NQTY=/$VEZIYU_&9(X!"/,&&*X*YSGC-31?$&V;2-0U&?2=
M5M8;%49A/`$+[CCY<GG'>@1R5KIFO>)?B#KNJ:;<C31!BVCEN+8L)(^F%!_W
M<Y]ZR8+34;#P%XL\.SVT[R6MPCPE86Q("X#%>.1\H/'K7I>B>.M-US0+[5H4
MGB@L=WFI(`&X7=Q@]ZK:'\2=(UNPU&\6.YMH-/C629IE'0YQC!.3Q0!Y[X]T
M&^AT?2+VRMIW2^T^&"[CCC9COC4%20!P<<?A6I>W;Z'\4K+5+FROI+6/3HT8
MP6[.<E",<5T4'Q4L&DM9+S2]2L[&\?9!>31CRW/X&N@U;Q+'I%Q-'-:S.D,*
MS,Z%>A<)TSGJ:`.6\!V5[J'C/7/$US93V=M=@16Z3KM=AQSCZ*/SKT.J&CZM
M#K5A]KMU=8S(Z#?C)VL1GZ'&1]:OT`%%%%`!1110`4444`%%)2T`%%%)0`M%
M%%`!7+?$7_D4Y/\`KLG\ZZFLW7=&BU[36LII'C0L&W)C/'UK2C)0J1D^C,J\
M'.G**W:.'^%__(4OO^N*_P#H58WCG_D;K[_@/_H(KT/P[X1M_#ES--;W$TIE
M0(1(!Q@Y[56U?P'9ZQJDU]-=7"/+C*IMP,#'<>U=\<536(=3HU_D>=+"57AH
MT[:IG.>+KB%_"&A0I+&TJHI*!@2!L[BE\/Z^?#_@P3-9BYCFO'C8%L`?*#Z'
M/>M>+X8Z6C@R75VZ]URHS^E=$WA_36T?^R_LRBTQ]P=0?7/7/O4RQ%%04-U>
M[*AAJ[FZCLG:RZG$6\/ACQ%IEU<RQ1:3<Q$\)+VQD';T/T`K#\&23Q^++'[.
M3EG*N!W3!SFNME^%]DTA,5_<(O8,JMC\:UM+\&6.D0N+6287+C!N"?F`]!CH
M*MXFE&$HQ;=^CZ&:PM:4XRE%*W5=3H:6FH"J@$DX&,GO3J\L]@****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@#D_BA_R3
MS5/]U/\`T-:XWQAM_P"%'Z%G&_\`<;/7.UNGX5Z;K^BP>(M%N-,NGD2&<`,T
M9`88(/&?I7-VOPMTJ*:U:[O=2OH;0@PV]S/F),=/E`Z>U`'+^+-<LE\;^';;
M6'86>FVPFN`$+DR,G`P/HOYU:^&>J1R^$/$&EHY9;,RO"3P3&ZG''U!_.NUT
M_P`(V5AXFO\`7/-FFN[U=K"4@J@XX48]@*BA\%V-OK^I:K#-<))J,)AFB!&S
M!`&0,=>/U-`'$>#-6_L3X*ZC>`XD625(_P#?;"C]37,Z1K6F:/<>$+BSE?[5
M:.\=_F,J-LC<\G@X#'\J]./PSTS_`(11?#XN[T68N/M!8,N]CZ$XZ5J>(/"&
MG^(M#CTNX\R&&-E9&AP&7:,#DCTH`T=86UDT:\2_E$5H\#K-(3C:A!!.?I7D
MZ#6/!GAL3VSZ9XB\*&3(#KG;EL9]OF^HS7K?V"*32_L%QF>$P^2_F=77&#GZ
MUQP^%&G"W^Q'5M6.F!]_V+SQY>?RS0!A?$?9+X=T7Q?I!-I*D:Q*%&"(W4X'
MIQR/QJWJ'A+2+7X7Z=I5]J<.GRNZW"7$GW7G()(/J,''X"NPU_PC8>(/#T>C
M2F2WM(BA00$`J%&`.0>*?KGA33_$&A1Z5?"0Q1;?+D1L.A48!!^E`'$P:YK7
MASQ+I.F>,+"POQ,XCM-0C0&1.0,Y(]2,\`\YYJ;Q=_R6/PM_US/\WK<T_P"'
M=E;:K:ZA?ZCJ.J3VF/LXNY0RQXZ8`%:.I>$[/4_$^GZY-+.MS8+MC12-C=>O
M&>]`'$_$5;Q_B7X;737B2\,9\EI02@;<>H':KWBN'Q#%\.=>_P"$CN;&=BL?
MD_9$*X&\9SG\*WO$W@6R\4:E;7UQ=WEM/;)LC:V<*1SG.<9S5>/X=VJZ7J%A
M/JVJW,-\BHYGGWE-K;LKD<&@#S665]'TR]T>$$-X@L;%X`.[-A7_`*UKZ#IF
MFB;QWINH72V=@K1P&<G`CPS!3^8%=W)X#TR:\T2Y=YS)HZ+'#R,.%Z;N.<$9
MXQ3H_`FEB37&F,\R:TVZX1V&%.21MP,CD_I0,X)[[6?!.C6']K0Z9K_ALLHM
MY0H)0$$C&1Z9QG/IFO61#:WL2S-!'(LL8Y=`25Z@'\>:X^+X5Z?MMX+S5-4O
M+"V;=%9S3#RU]L`=*[@`*H"@`#@`=J!#(8(K>/RX(TC3KM10!^52444`%%%%
M`!1110`4444`97_",Z3_`,^@_P"^V_QH_P"$9TG_`)]!_P!]M_C6K15^TEW)
MY(]C*_X1G2?^?0?]]M_C1_PC.D_\^@_[[;_&M6BCVDNX<D>QE?\`",Z3_P`^
M@_[[;_&C_A&=)_Y]!_WVW^-:M%'M)=PY(]C*_P"$9TG_`)]!_P!]M_C7*_$+
M3+72M`BFL(V@E-PJEDD;.,-QU]J[^J6J:19:U;+;ZA#YT2N'"[B.?P^M:4:S
MA-2D[HSJT5*#C%:GCL43/96I:\G62?[\IG.V(9/49[`9-"64S2!/[5F&=Q#>
M9P0,@@?-UX_(UZ9_P@'AS_H&K_W\?_&C_A`/#G_0-7_OX_\`C7?]>I^?W(X?
MJ53NOO9YLEH)%`75Y0PY9_-/*Y[#/H5/X&H1;N5)&K3L4&757YZ*>,MT&[G/
MH:]/_P"$`\.?]`Y?^_C_`.-'_"`>'/\`H'+_`-_'_P`:%CJ?G]R#ZE4\OO9Y
M=/#+!<6L7]J22>;RY$C`*.#G.?K^5-=&%U;1+JDQ6638[&0@)TYZ^Y'/I7J?
M_"`>'/\`H'+_`-_'_P`:/^$`\.?]`Y?^_K_XT_K]+L_N0OJ-3NOO9YD89903
M]JGM2O!5KG?@\D%N1CICOR12&WXRNL3G'7YNOWAQ\WL/S%>G?\(!X<_Z!J_]
M_'_QH_X0#PY_T#E_[^/_`(TOKU/S^Y#^I5.Z^]GF+6DK$F'5Y60'!9I,8^]C
M^+O@?G2BV+*2FJSN.N!)AB`2#@;L>AY/2O3?^$`\.?\`0-7_`+^/_C1_P@'A
MS_H'+_W\?_&CZ]3\_N0?4JGE][/-5LG5$:759LLN<++TY7&>>F&/Y4PVK*PW
MZM,H)`XDSUQ@CYNG)Y/]VO3?^$`\.?\`0-7_`+^/_C1_P@'AS_H'+_W\?_&C
MZ]3\_N0?4JGE][/+)(IHKJSB_M"=_.`+[9<%1Z#)^N,U:EM"VYX]4DB`VJ%,
MS,<G'7)&.O3V->D_\(!X<_Z!R_\`?Q_\:/\`A`/#G_0-7_OX_P#C0\=3\_N0
M?4JG=?>SS"*!I"A75Y=L@.S?(01AMO(SQS@^]/%G(R*W]JSJ6<($9R6'3.<-
MUZG\*],_X0#PY_T#E_[^O_C1_P`(!X<_Z!J_]_'_`,:/KU/S^Y!]2J>7WL\B
MNY[BWNI(DO9W5&P&$IY_6H?MMU_S]3_]_6_QKV/_`(0'PY_T#E_[^O\`XT?\
M(#X<_P"@</\`OZ_^-6LPHV^%_@0\!6_F_,\<^VW7_/U/_P!_6_QH^VW7_/U/
M_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?#G_0.'_?U_\`&G_:-'^5_@+ZA6_F
M_,\<^VW7_/U/_P!_6_QH^VW7_/U/_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?
M#G_0.'_?U_\`&C^T:/\`*_P#ZA6_F_,\<^VW7_/U/_W];_&C[;=?\_4__?UO
M\:]C_P"$!\.?]`X?]_7_`,:/^$!\.?\`0.'_`']?_&C^T:/\K_`/J%;^;\SQ
MS[;=?\_4_P#W];_&C[;=?\_4_P#W];_&O8_^$!\.?]`X?]_7_P`:/^$!\.?]
M`X?]_7_QH_M&C_*_P#ZA6_F_,\<^VW7_`#]3_P#?UO\`&C[;=?\`/U/_`-_6
M_P`:]C_X0'PY_P!`X?\`?U_\:/\`A`?#G_0.'_?U_P#&C^T:/\K_``#ZA6_F
M_,\<^VW7_/U/_P!_6_QH^VW7_/U/_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?
M#G_0.'_?U_\`&C^T:/\`*_P#ZA6_F_,\<^VW7_/U/_W];_&C[;=?\_4__?UO
M\:]C_P"$!\.?]`X?]_7_`,:/^$!\.?\`0.'_`']?_&C^T:/\K_`/J%;^;\SQ
MS[;=?\_4_P#W];_&C[;=?\_4_P#W];_&O8_^$!\.?]`X?]_7_P`:/^$!\.?]
M`X?]_7_QH_M&C_*_P#ZA6_F_,\<^VW7_`#]3_P#?UO\`&C[;=?\`/U/_`-_6
M_P`:]C_X0'PY_P!`X?\`?U_\:/\`A`?#G_0.'_?U_P#&C^T:/\K_``#ZA6_F
M_,\<^VW7_/U/_P!_6_QH^VW7_/U/_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?
M#G_0.'_?U_\`&C^T:/\`*_P#ZA6_F_,\<^VW7_/U/_W];_&C[;=?\_4__?UO
M\:]C_P"$!\.?]`X?]_7_`,:/^$!\.?\`0.'_`']?_&C^T:/\K_`/J%;^;\SQ
MS[;=?\_4_P#W];_&C[;=?\_4_P#W];_&O8_^$!\.?]`X?]_7_P`:/^$!\.?]
M`X?]_7_QH_M&C_*_P#ZA6_F_,\<^VW7_`#]3_P#?UO\`&C[;=?\`/U/_`-_6
M_P`:]C_X0'PY_P!`X?\`?U_\:/\`A`?#G_0.'_?U_P#&C^T:/\K_``#ZA6_F
M_,\<^VW7_/U/_P!_6_QH^VW7_/U/_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?
M#G_0.'_?U_\`&C^T:/\`*_P#ZA6_F_,\<^VW7_/U/_W];_&C[;=?\_4__?UO
M\:]C_P"$!\.?]`X?]_7_`,:/^$!\.?\`0.'_`']?_&C^T:/\K_`/J%;^;\SQ
MS[;=?\_4_P#W];_&C[;=?\_4_P#W];_&O8_^$!\.?]`X?]_7_P`:/^$!\.?]
M`X?]_7_QH_M&C_*_P#ZA6_F_,\<^VW7_`#]3_P#?UO\`&C[;=?\`/U/_`-_6
M_P`:]C_X0'PY_P!`X?\`?U_\:/\`A`?#G_0.'_?U_P#&C^T:/\K_``#ZA6_F
M_,\<^VW7_/U/_P!_6_QH^VW7_/U/_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?
M#G_0.'_?U_\`&C^T:/\`*_P#ZA6_F_,\<^VW7_/U/_W];_&C[;=?\_4__?UO
M\:]C_P"$!\.?]`X?]_7_`,:/^$!\.?\`0.'_`']?_&C^T:/\K_`/J%;^;\SQ
MS[;=?\_4_P#W];_&C[;=?\_4_P#W];_&O8_^$!\.?]`X?]_7_P`:/^$!\.?]
M`X?]_7_QH_M&C_*_P#ZA6_F_,\<^VW7_`#]3_P#?UO\`&C[;=?\`/U/_`-_6
M_P`:]C_X0'PY_P!`X?\`?U_\:/\`A`?#G_0.'_?U_P#&C^T:/\K_``#ZA6_F
M_,\<^VW7_/U/_P!_6_QH^VW7_/U/_P!_6_QKV/\`X0'PY_T#A_W]?_&C_A`?
M#G_0.'_?U_\`&C^T:/\`*_P#ZA6_F_,\<^VW7_/U/_W];_&C[;=?\_4__?UO
M\:]C_P"$!\.?]`Y?^_K_`.-'_"`^'/\`H'#_`+^O_C1_:-'^5_@'U"M_-^9X
MY]MNO^?J?_OZW^-'VVZ_Y^I_^_K?XU['_P`(#X<_Z!P_[^O_`(T?\(#X<_Z!
MP_[^O_C1_:-'^5_@'U"M_-^9XY]MNO\`GZG_`._K?XT?;;K_`)^I_P#OZW^-
M>Q_\(#X<_P"@</\`OZ_^-'_"`^'/^@</^_K_`.-']HT?Y7^`?4*W\WYGCGVV
MZ_Y^I_\`OZW^-'VVZ_Y^I_\`OZW^->Q_\(#X<_Z!P_[^O_C1_P`(#X<_Z!P_
M[^O_`(T?VC1_E?X!]0K?S?F>.?;;K_GZG_[^M_C1]MNO^?J?_OZW^->Q_P#"
M`^'/^@<O_?U_\:/^$!\.?]`X?]_7_P`:/[1H_P`K_`/J%;^;\SR73KRZ.J6@
M-S.09TR#(W]X>]>^UST?@7P_#*DD>G@.C!E/F/P1R.]=#7#B\1"LTX*UCMPE
M"=%-2=PHHHKC.L****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`*]_-]GL)Y?-$6R,GS
M"A8)QU('7%<FWB"^'VF,WRJD(F:*<JCB9E5"B9`VG.YC@<]NM=I3!&@4*$4*
MIR!C@&@#$U34-0M[_3#;K\AADFN;?;DN!LR%/9AN)`[XQ6?I_BRXDM;=V6*;
M<%X)*R2ALD.JX^Z`.?H?2NMQ2;%W!MHR!@'%`'*QZYK%Q>6\8%G&9A`ZQ_,<
M!TD)R>I^Z.F.:OR:VYT_1KQV2VCNIE$P8C:`8W.,GW`K<VC.<#-(55A@J"/0
MB@#F[WQ25U%[:V:!HB&59AEMK>47#8'WAQCC/USQ52U\17%M%(DDXN)F\O:S
MNDD>6W9(=`.NW[K8QZ\UUXC0'(50>G2LZ[OUM[L65K8M<S%/.=$VJ%7.`220
M,D@X^AH`Y\>+;PE;M8]T+QAA"`,+E(SRWH"Q)K5?5[FY\,SW:M%;3*YC$A.4
MX8#=D9P#ZG('?@5'_P`)?8.ZI'!,0X4DLFT*2K,0?3`0YJ^NNZ8%9#<(NQ1E
M0"1V&!@8)R0,#/6@#GU\27UJN4=9TC\[<LS*Q9E1655D3AAR><9[8XJU<>*[
MJTN;F*2Q60VX8,J-AF*H&W`'G;SCI[^U;]K=VETB"U9&7:64*N`!G!^ASD8Z
MUG?\)):HE[++:W*/:1"21?+#/L.<<`DCH3@XP.:`*UCXAN+G48%N#:PVNR;S
M'W<.5\O!!S@??.1[&I/$E_<6DT"PW0@0QN[*'1'8C&""X*G'.5R"<BK5QJEM
M'<PVDUG+Y,K+&LA0;"S#(`&<GCJ0,#O1<Z[9IJG]GM&TTBX+;=IVD@D8!.2<
M#L#U%`&7+XL863JJ_OP&P#\LFT0B0,5(.,DX_P`:8OBJ]AF$,L$,K^:X)5MN
M0)B@49_B``)^H]:T%\36SLZK9W!N58JT("%@`NXY.['`/(SG)QBKEUJUG;:;
M%J!1Y(7V%3''N/SXP3Z=>IH`IZYJ]W97]C#;PRB%IHQ+((2X<,<;0>Q[D_3\
M,F#7[Z1K9'OD6*=8VN)PBC[(QWY3G@?=`^;)'XBMFX\3V5K/*DR2A(V=!)@8
M=U7<5`SG./;%,D\1VL?G1R6<XDB#/<Q;5)B4!26/.",,#QD]?2@#-L=?OYY[
M8SS(CF2)/L_E@>;&RDM+ZCU]!BM?6;]H_L`CNA;VES(1)=+CY1M)4`G(&XXY
M_P`:T)KBTCDA2>6%9+C*1!V`,G&2%]>!GBLQ==MSJ,VG+;J([=O+<M+&,`(&
MR$SN(`/I0!0&N7<$X:"=;ZSC12TCIL9\S%,K@8.!WZ''O1!XJF6%WE$"K$A)
M65SYLGREMR@#[O&.G8^G.P-=TORPWVJ-5R5`8%3D`'&",YPP('?/%3SW4<=O
M)/'"\Q0^7MC7YB<X(YQQZGI0!SA\93BVG8PVJO;B1F:20A)-H4A5QGYCN]^G
MY:%EXB,]^8IU@CB;S/X_GAV,%'F`\#=GC^M(UWI>KKIXEM96%R\D<>`=@*YW
M!BIVD?(<=<U:M-3MM1N9K:2TDA?8LI69`-RDD*2,\'CH<&@"IK^JW.GW\:QS
M".'RT9R0,#,\:DDG_99JFUO57BTV";39HF6:X6)IE==L:G.3N.0.F.0>M-A\
M3VMY#+);V\LR)CD%,$'/)^;Y1P3\V.U+;^([&Y\E8X)?(FV*9"@"JSC*J1GN
M,=,CD<\T`8\7B._<)(LA>12BI:F-=UPI4EG&/<<$<<>],MO$5]+'&D]\L*NN
M][G:C*A\LL$!QC.0>#R,=3FN@N-=M+;4?L[QN2K+$90`0K,,JO7)R!V&.E5C
MXEM5+0O8W"SCYS`RH#C:7W'YL`X'0G/M0!!I6L7=]JT$;74?W0;BW*JHC/E@
M[5S\S,&.2>@''6NFK'L_$%C>WL4<",1,2L4Q``=@N\@<Y^Z>N,5L4`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`50O-*6YNUNHKF>V
MG">4SPD?,F<X(((X.<'J,FK]%`&2OANQ2(1)YJH%"X#_`.PR?GAV/UJ-O"]H
MUN;<S7'D!O,CBW`K&^X-N`QR<COD<GUK:HH`IV.G1V$*Q12.8P"-IP`2226X
M`YYJK'X>MU6Y$L]Q,;B`VS-(PW"/GC(')YZG)K6HH`S#H<)U$WAFF+%!'Y;;
M67:!C:,C(![X/-12^&;%YRZ"2&,E&,41"J6084\#((SV(Z"MBB@#%_X1B#>T
MOVN[^TMP9PRARNW:1]W'([XSGG-6FT2Q^PO:1PB*-P@8Q\,VW&,GOT%:%%`&
M/=>&;*]NYKBX\QVD5AC@;"1C(.,]!QDG%-?PQ;2EWDN+DRS!EGDW*#,K8RK<
M8`PH'&/UK:HH`C:WB=HV>)&:(Y0E02AQCCTXJH=(MBEZ`'#7C,TC@X8$J%^4
M]1P!5^B@#!7PC8A<-+<'$HG7!5=LH4*'``'(`^G)K5GLS/;-$;B=27WB1&`9
M><@#C&/8YXZU9HH`SK;1;>V2W56D)@F><,2.78,"2`,?Q'@8IEEH%M9QM&[/
M=(7$F+A48[_[V=H)/N:U**`,6+PQ;0;3!<W,;(OEQ%67]VF2=F,88<_Q9[4M
MOX7LK9HPC3&)"K&%F!1W48#'CKST''`XXK9HH`R)?#=E)=1S`-&(@/+2,*!&
M0"`5XR,9SC.,\XJ/_A%K;[`MFUQ<-$K;OF$9))&"3\O)/J><]ZVZ*`,NW\/6
H=MJ,=X@;?$NV)2!A/EV\'&>@QR3U-:E%%`!1110`4444`%%%%`'_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
