<SEC-DOCUMENT>0001051512-15-000030.txt : 20150501
<SEC-HEADER>0001051512-15-000030.hdr.sgml : 20150501
<ACCEPTANCE-DATETIME>20150501112323
ACCESSION NUMBER:		0001051512-15-000030
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20150501
DATE AS OF CHANGE:		20150501
EFFECTIVENESS DATE:		20150501

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:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14157
		FILM NUMBER:		15822685

	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>DEFA14A
<SEQUENCE>1
<FILENAME>tdsdefa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>

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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=6 width=86% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <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;">UNITED STATES</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:15.0pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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  <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;">SECURITIES AND
  EXCHANGE COMMISSION</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 </tr>
<tr style="height:15.0pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=6 width=86% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <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;">Washington, D.C.
  20549</font></b></p>
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 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:15.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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  <td valign=bottom width=7% style="background:white;border:none;height:18.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=6 width=86% style="background:white;border:none;height:18.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:14.0pt;">SCHEDULE
  14A</font></b></p>
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 <td valign=bottom width=7% style="background:white;border:none;height:18.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:14.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;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;">Proxy Statement
  Pursuant to Section 14(a) of</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;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;">the Securities
  Exchange Act of 1934 (Amendment
  No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;)</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;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=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;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;">Filed by the Registrant </font><font color=black face=Wingdings style="font-size:9.0pt;">x&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;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;">Filed by a Party other than the Registrant </font><font color=black face=Wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;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;">Check the appropriate box:</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;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;">Preliminary Proxy Statement</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Confidential, for Use of the Commission Only (as permitted by
  Rule 14a-6(e)(2))</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;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;">Definitive Proxy Statement</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">x</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;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;">Definitive Additional Materials</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;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;">Soliciting Material Pursuant to &#167;240.14a-12</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;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=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;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=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Telephone and Data
  Systems, Inc.</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">(Name of Registrant
  as Specified In Its Charter)</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">(Name of Person(s)
  Filing Proxy Statement, If other than the Registrant) </font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;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=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;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;">Payment of Filing Fee (Check the appropriate box):</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">x</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;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;">No fee required.</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;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;">Fee computed on table below per Exchange Act Rules 14a 6(i)(1)
  and 0-11.</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(1)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Title of each class of securities to which transaction applies:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(2)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Aggregate number of securities to which transaction applies:</font></p>
  </td>
 </tr>
<tr style="height:30.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:30.0pt;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=top width=7% style="background:white;border:none;height:30.0pt;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;">(3)</font></p>
  </td>
 <td colspan=4 valign=top width=75% style="background:white;border:none;height:30.0pt;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;">Per unit price or other underlying value of transaction computed
  pursuant to Exchange Act Rule 0 11 (set forth the amount on which the filing
  fee is calculated and state how it was determined):</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(4)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Proposed maximum aggregate value of transaction:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(5)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Total fee paid:</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=6 valign=top width=89% style="background:white;border:none;height:12.0pt;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;">Fee paid previously with preliminary materials.</font></p>
  </td>
 </tr>
<tr style="height:39.75pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=4% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;">&#168;</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:39.75pt;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;">Check box if any part of the fee is offset as provided by
  Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
  fee was paid previously. Identify the previous filing by registration
  statement number, or the Form or Schedule and the date of its filing.</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(1)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Amount Previously Paid:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(2)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Form, Schedule or Registration Statement No.:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(3)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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;">Filing Party:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;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=top width=7% style="background:white;border:none;height:24.0pt;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;">(4)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;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 Filed:</font></p>
  </td>
 </tr>
</table></div>






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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>
<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;">EXPLANATORY
NOTE</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;">The
purpose of this Schedule 14A is to file a press release issued by Telephone and
Data Systems, Inc. (&#8220;TDS&#8221;) on May 1, 2015 relating to earnings for the first
quarter of 2015.&#160; Also,
attached is an excerpt from the script for the TDS earnings call on May 1, 2015
relating to the TDS annual meeting of shareholders and election of directors.</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;">&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;">IMPORTANT
INFORMATION:&nbsp; TDS and its directors, executive officers and other members
of its management and employees may be deemed to be participants in the
solicitation of proxies from the shareholders of TDS in connection with the TDS
2015 annual meeting of shareholders.&nbsp; Information regarding TDS directors
and executive officers and other participants that may be soliciting proxies on
behalf of the TDS board of directors and their respective interests in TDS by
security holdings or otherwise is set forth in TDS&#8217;s definitive proxy statement
relating to its 2015 annual meeting, as filed with the Securities and Exchange
Commission (&#8220;SEC&#8221;) on April 17, 2015.&nbsp; The 2015 proxy statement, other
solicitation material and other reports that TDS files with the SEC, when
available, can be obtained free of charge at the SEC&#8217;s web site at </font></b><b><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">www.sec.gov&nbsp;</font></u></b><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;"> or from TDS as provided on its
website at </font></b><b><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">www.tdsinc.com</font></u></b><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">.&nbsp; TDS
SHAREHOLDERS ARE ADVISED TO READ CAREFULLY THE PROXY STATEMENT AND OTHER
SOLICITATION MATERIAL FILED BY TDS IN CONNECTION WITH THE TDS 2015 ANNUAL
MEETING OF SHAREHOLDERS BEFORE MAKING ANY VOTING DECISION BECAUSE THEY CONTAIN
OR WILL CONTAIN IMPORTANT INFORMATION RELATING TO THE ELECTION OF DIRECTORS OF
TDS.</font></b></p>









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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


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

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

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><img alt="https:::ecms.intranet.teldta.com:sites:brand:TDS%20Brand%20Logo%20Library:TDS_Logo_Color-Trnspt.png" height=80 id="Picture 1" src="tdsdefa14a-x2x0.gif" width=117></p>

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

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">As previously announced, TDS
will hold a teleconference May 1, 2015 at 9:30 a.m. CDT. Interested parties may
listen to the call live via the Events &amp; Presentations page of </font></b><b><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">investors.tdsinc.com</font></u></b><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></b><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;">&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;">FOR IMMEDIATE RELEASE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><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 reports first quarter
2015 results</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;">U.S. Cellular increases
guidance for operating cash flow and adjusted EBITDA</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;"><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 1, 2015) &#8212; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Telephone and Data Systems, Inc. (NYSE:TDS) </font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">reported
total operating revenues of $1,251.6 million for the first quarter of 2015,
versus $1,196.0 million for the comparable period one year ago. Net income attributable
to TDS shareholders and related diluted earnings per share were $145.7 million and
$1.33, respectively, for the first quarter of 2015, compared to $18.3 million
and $0.16, respectively, in the comparable period one year ago.&#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;Both of our businesses had encouraging first quarters and
made good progress on their strategic objectives,&#8221; said LeRoy T. Carlson, Jr.,
TDS president and CEO. &#8220;U.S. Cellular continued to grow its postpaid customer
base and improve loyalty. TDS Telecom achieved strong growth in IPTV customers,
and we continued to move forward with our cable, broadband, and hosted and
managed services strategies.</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;U.S. Cellular maintained strong momentum from its turnaround in
customer growth last year, adding more postpaid customers and reducing churn.
More customers are adopting shared data plans and adding connected devices to
those accounts, leading to increases in revenue. We will bring 4G LTE speeds to
98 percent of U.S. Cellular customers this year, and we plan to drive continued
substantial growth in smartphone penetration, connected devices, and data use.</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;TDS Telecom achieved continued success with its IPTV service
in the recent quarter, adding residential customers and increasing residential
revenue per connection. As we complete the integration of our cable acquisitions,
Baja Broadband and BendBroadband, we are focused on increasing residential and
commercial broadband penetration. We also continue to seek and evaluate potential
cable acquisitions. Our hosted and managed services company, OneNeck IT
Solutions, has had some recent sales success.&#160; We believe there is strong
potential for growth at OneNeck as more businesses and organizations seek to
outsource more of their IT needs.&#8221;</font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">&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;">&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;">3</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>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">2015 Estimated Results</font></b></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;">Estimates of full-year 2015 results for U.S. Cellular, TDS
Telecom, and TDS are shown below.&#160; Such estimates represent management&#8217;s view
as of May 1, 2015.&#160; Such forward-looking statements should not be assumed to be
current as of any future date.&#160; TDS undertakes no duty to update such
information, whether as a result of new information, future events, or
otherwise.&#160; There can be no assurance that final results will not differ
materially from such estimated results.</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=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td valign=bottom width=4% 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=16% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=8 valign=bottom width=80% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">2015
  Estimated&nbsp;Results</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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=16% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=26% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">U.S. Cellular</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">TDS Telecom</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">TDS(2)</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.0pt;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=16% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Current</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Previous</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Current</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Previous</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Current</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <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;">Previous</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=top width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">(Dollars in millions)</font></b></p>
  </td>
 <td valign=top width=13% 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=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=13% 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=13% 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=2% 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=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=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>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;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;">Total operating revenues</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$4,000-$4,200</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$1,130-$1,180</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$5,145-$5,395</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=20% 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;">Operating cash flow (1)</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$400-$500</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$350-$450</font></p>
  </td>
 <td valign=bottom width=2% 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=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$280-$310</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 <td valign=bottom width=2% 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=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$685-$815</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$635-$765</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;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;">Adjusted EBITDA (1)</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$580-$680</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$530-$630</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$280-$310</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$870-$1,000</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$820-$950</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=20% 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;">Capital expenditures</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 <td valign=bottom width=2% 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=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$220</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</font></p>
  </td>
 <td valign=bottom width=2% 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=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$830</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Unchanged</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:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(1)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">Operating cash flow is defined as
net income, adjusted for the items set forth in the reconciliation below.&#160;
Adjusted EBITDA is defined as net income, adjusted for the items set forth in
the reconciliation below.&#160; Operating cash flow and Adjusted EBITDA exclude
these items in order to show operating results on a more comparable basis from
period to period. From time to time, TDS may exclude other items from Operating
cash flow and/or Adjusted EBITDA if such items help reflect operating results
on a more comparable basis. TDS does not intend to imply that any such items
that are excluded are non-recurring, infrequent or unusual; such items may
occur in the future.&#160; Operating cash flow and Adjusted EBITDA are not measures
of financial performance under Generally Accepted Accounting Principles in the
United States (&#8220;GAAP&#8221;) and should not be considered as alternatives to net
income as indicators of the company&#8217;s operating performance or as alternatives
to cash flows from operating activities, determined in accordance with GAAP, as
indicators of cash flows or as measures of liquidity. TDS believes Operating
cash flow and Adjusted EBITDA are useful measures of TDS&#8217; operating results
before significant recurring non-cash charges, gains and losses, and other
items as indicated below. The following tables provide a reconciliation to
Operating cash flow and Adjusted EBITDA for 2015 estimated results, actual
results for the three months ended March 31, 2015 and 2014 actual results:</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=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td valign=bottom width=4% 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=32% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=8 valign=bottom width=64% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">2015
  Estimated&nbsp;Results (3)</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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=32% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">U.S. Cellular</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">TDS Telecom</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">TDS(2)</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=top width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">(Dollars in millions)</font></b></p>
  </td>
 <td valign=top width=10% 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=10% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=10% 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=10% style="background:white;border:none;border-top: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;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=10% 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=10% style="background:white;border:none;border-top: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;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=36% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Net income (loss) (GAAP)</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">N/A</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">N/A</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">N/A</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 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;">Add back:</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><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=4% style="background:#CCEEFF;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=32% style="background:#CCEEFF;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;">Income tax expense (benefit)</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">N/A</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">N/A</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">N/A</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=36% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Income (loss) before income taxes (GAAP)</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$140-$240</font></b></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$45-$75</font></b></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$140 -$270</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=36% style="background:#CCEEFF;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;">Add back:</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><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=4% 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=32% 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;">Interest expense</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$80&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8213;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$140&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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=32% style="background:#CCEEFF;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;">Depreciation, amortization and accretion expense</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$580&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$235&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$825&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 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;">EBITDA</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$800-$900</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$280-$310</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$1,105-$1,235</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=36% style="background:#CCEEFF;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;">Add back:</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><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=4% 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=32% 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;">(Gain) loss on sale of business and other exit costs, net</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($110)</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8213;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($125)</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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=32% style="background:#CCEEFF;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;">(Gain) loss on license sales and exchanges, net</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($125)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8213;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($125)</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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=32% 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;">(Gain) loss on assets disposals, net</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$15&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8213;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$15&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=36% style="background:#CCEEFF;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;">Adjusted EBITDA</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$580-$680</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$280-$310</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$870-$1,000</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 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;">Deduct:</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><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=4% style="background:#CCEEFF;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=32% style="background:#CCEEFF;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;">Equity in earnings of unconsolidated entities</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($130)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8213;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($130)</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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=32% 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;">Interest and dividend income</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($50)</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8213;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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=20% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($55)</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=36% style="background:#CCEEFF;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;">Operating cash flow (4)</font></p>
  </td>
 <td colspan=2 valign=bottom width=20% style="background:#CCEEFF;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$400-$500</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$280-$310</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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=20% style="background:#CCEEFF;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$685-$815</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=4% style="border:none;">&nbsp;</td>
 <td width=32% style="border:none;">&nbsp;</td>
 <td width=10% style="border:none;">&nbsp;</td>
 <td width=10% style="border:none;">&nbsp;</td>
 <td width=2% style="border:none;">&nbsp;</td>
 <td width=10% style="border:none;">&nbsp;</td>
 <td width=10% style="border:none;">&nbsp;</td>
 <td width=2% style="border:none;">&nbsp;</td>
 <td width=10% style="border:none;">&nbsp;</td>
 <td width=10% style="border:none;">&nbsp;</td>
 </tr>
</table></div>






<p style="margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:.2pt;">&nbsp;</font></p>


<DIV bclFooter>


<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;">&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;">&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;">4</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>
</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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>

<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td valign=bottom width=2% 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=33% 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=11 valign=bottom width=65% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">Actual Results</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=33% 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:11.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=5 valign=bottom width=32% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">Three months ended
  March 31, 2015</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=32% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">Year ended December
  31, 2014</font></b></p>
  </td>
 </tr>
<tr style="height:26.25pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:26.25pt;padding:0in 0in 0in 0in;">
  <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=33% style="background:white;border:none;height:26.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">U.S. Cellular</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">TDS</font></b></p>
  <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;">Telecom</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">TDS (2)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">U.S. Cellular</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">TDS</font></b></p>
  <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;">Telecom</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:26.25pt;padding:0in 0in 0in 0in;">
  <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;">TDS (2)</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=5 valign=bottom width=56% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">(Dollars in millions)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <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:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Net income (loss) (GAAP)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$165&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$13&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$176&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($47)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($24)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($147)</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:white;border:none;height:13.5pt;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;">Add back:</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:13.5pt;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=33% style="background:#CCEEFF;border:none;height:13.5pt;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;">Income tax expense (benefit)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$108&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$8&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$116&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($12)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$18&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($5)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Income (loss) before income taxes (GAAP)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$273&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$21&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$292&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($59)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($7)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($153)</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:#CCEEFF;border:none;height:13.5pt;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;">Add back:</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:13.5pt;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=33% style="background:white;border:none;height:13.5pt;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;">Interest expense</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$20&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$34&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$57&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($1)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$111&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:13.5pt;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=33% style="background:#CCEEFF;border:none;height:13.5pt;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;">Depreciation, amortization and accretion expense</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$147&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$57&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$207&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$606&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$220&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$837&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:white;border:none;height:13.5pt;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;">EBITDA</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$440&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$78&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$533&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$605&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$212&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$796&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:#CCEEFF;border:none;height:13.5pt;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;">Add back:</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:13.5pt;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=33% style="background:white;border:none;height:13.5pt;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;">Loss on impairment of assets</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$84&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$88&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:13.5pt;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=33% style="background:#CCEEFF;border:none;height:13.5pt;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;">(Gain) loss on sale of business and other exit costs, net</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($111)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($124)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($33)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($2)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($16)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:13.5pt;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=33% style="background:white;border:none;height:13.5pt;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;">(Gain) loss on license sales and exchanges, net</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($123)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($123)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($113)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($113)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:13.5pt;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=33% style="background:#CCEEFF;border:none;height:13.5pt;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;">(Gain) loss on assets disposals, net</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$4&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$1&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$5&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$21&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$5&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$27&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:white;border:none;height:13.5pt;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;">Adjusted EBITDA</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$209&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$80&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$291&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$480&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$298&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$781&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:#CCEEFF;border:none;height:13.5pt;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;">Deduct:</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:13.5pt;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=33% style="background:white;border:none;height:13.5pt;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;">Equity in earnings of unconsolidated entities</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($34)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($35)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($130)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($132)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:13.5pt;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=33% style="background:#CCEEFF;border:none;height:13.5pt;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;">Interest and dividend income</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($8)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($8)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;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=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($12)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($2)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">($17)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=2 valign=bottom width=35% style="background:white;border:none;height:13.5pt;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;">Operating cash flow (4)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$167&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$80&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$248&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;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=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$338&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$296&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$632&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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=33% 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=10% 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=1% 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=10% 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=1% 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=10% 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=1% 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=10% 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=1% 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=10% 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=1% 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=10% 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=13 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;">Note: Totals may not foot due to rounding differences.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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=33% 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=10% 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=1% 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=10% 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=1% 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=10% 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=1% 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=10% 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=1% 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=10% 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=1% 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=10% 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>
</table></div>



<p style="margin:0in;margin-bottom:.0001pt;"><font face=Courier lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(2)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">The TDS column
includes U.S. Cellular, TDS Telecom and also the impacts of consolidating
eliminations, corporate operations and non-reportable segments, all of which
are not presented above.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(3)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">In providing 2015
Estimated Results, TDS has not completed the above reconciliation</font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;"> to net income because it does not provide guidance
for income taxes. TDS believes that the impact of income taxes cannot be
reasonably predicted; therefore, the company is unable to provide such
guidance. Accordingly, a reconciliation to net income is not available without
unreasonable effort. </font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(4)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">A reconciliation of Operating cash
flow (Non-GAAP) to operating income (GAAP) for March 31, 2015 actual results
can be found on the company's website at </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">investors.tdsinc.com</font></u><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;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&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;">Stock Repurchase Summary</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">TDS began repurchasing stock under
its $250 million repurchase authorization on Aug. 5, 2013.&#160;&#160; The following
represents repurchases of TDS Common Shares. </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=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:15.75pt;">
  <td valign=bottom width=60% style="background:white;border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Repurchase Period</font></b></p>
  </td>
 <td valign=bottom width=3% style="background:white;border:none;height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <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;"># Shares</font></b></p>
  </td>
 <td valign=bottom width=3% style="background:white;border:none;height:15.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=17% style="background:white;border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <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;">Cost (in millions)</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=60% style="background:#CCEEFF;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;">2015 (first quarter)</font></p>
  </td>
 <td valign=bottom width=3% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <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;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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;">$</font></p>
  </td>
 <td valign=bottom width=15% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=60% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">2014 (full year)</font></p>
  </td>
 <td valign=bottom width=3% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;1,541,850&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">$</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;39.1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=60% style="background:#CCEEFF;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;">Total</font></p>
  </td>
 <td valign=bottom width=3% style="background:#CCEEFF;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=17% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;1,541,850&nbsp;</font></p>
  </td>
 <td valign=bottom width=3% style="background:#CCEEFF;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=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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;">$</font></p>
  </td>
 <td valign=bottom width=15% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;39.1&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:.2pt;">&nbsp;</font></p>


<DIV bclFooter>


<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;">&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;">&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;">5</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>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_6"></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=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


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

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">TDS will hold a conference
call on May 1, 2015 at 9:30 a.m. Central Time.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-indent:-.25in;"><tt><font face=Symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></tt><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Access the live call on the Events
&amp; Presentations page of </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">investors.tdsinc.com&nbsp;</font></u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">or at http://www.videonewswire.com/event.asp?id=102201</font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">

&nbsp;</font><p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-indent:-.25in;"><font face=Symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Access the call by phone at 877-407-8029
(US/Canada), no pass code required</font><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;font-weight:normal;">.&nbsp;</font></p>

</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;">Before the call, certain
financial and statistical information to be discussed during the call will be
posted to </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">investors.tdsinc.com</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">. The call
will be archived on the Events &amp; Presentations page of </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">investors.tdsinc.com</font></u><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;">&nbsp;</font></b></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 1000<sup>TM</sup> company, provides
wireless; cable and wireline broadband, TV and voice; and hosted and managed
services&nbsp;to approximately 6.0 million customers nationwide through its
business units, U.S. Cellular, TDS Telecom, OneNeck IT Solutions, Baja
Broadband and BendBroadband. Founded in 1969 and headquartered in Chicago, TDS
employed 10,600 people as of March 31, 2015. </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.tdsinc.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 color=black 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;">Contacts</font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160; &#160; &nbsp;</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, 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;"><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">jane.mccahon@tdsinc.com</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;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Julie Mathews, Investor
Relations Manager</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;">&#160;</font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">julie.mathews@tdsinc.com&nbsp;</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=blue 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;"><b><i><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Safe Harbor Statement
Under the Private Securities Litigation Reform Act of 1995:</font></i></b><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">All
information set forth in this news release, except historical and factual
information, represents forward-looking statements. This includes all
statements about the company&#8217;s plans, beliefs, estimates, and expectations.
These statements are based on current estimates, projections, and assumptions,
which involve certain risks and uncertainties that could cause actual results
to differ materially from those in the forward-looking statements. Important
factors that may affect these forward-looking statements include, but are not
limited to: impacts of any pending acquisition and divestiture transactions,&#160;
including, but not limited to, the ability to obtain regulatory approvals,
successfully complete the transactions and the financial impacts of such transactions;
the ability of the company to successfully manage and grow its markets; the
overall economy; competition; the access to and pricing of unbundled network
elements; the ability to obtain or maintain roaming arrangements with other
carriers on acceptable terms; the state and federal telecommunications
regulatory environment; the value of assets and investments; adverse changes in
the ratings afforded TDS and U.S. Cellular debt securities by accredited
ratings organizations; industry consolidation; advances in telecommunications
technology; uncertainty of access to the capital markets;&nbsp; pending and
future litigation; changes in income tax rates, laws, regulations or rulings;
acquisitions/divestitures of properties and/or licenses; changes in customer
growth rates, average monthly revenue per user, churn rates, roaming revenue
and terms, the availability of wireless devices, or the mix of products and
services offered by U.S. Cellular and TDS Telecom. Investors are encouraged to
consider these and other risks and uncertainties that are discussed in the Form
8-K Current Report used by TDS to furnish this press release to the Securities
and Exchange Commission (&#8220;SEC&#8221;), which are incorporated by reference herein.</font><font face="Times New Roman,serif" lang=NL style="font-size:10.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">For more information about TDS
and its subsidiaries, visit:</font></p>

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

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=NL style="font-size:10.0pt;">U.S. Cellular: </font><u><font color=blue face="Times New Roman,serif" lang=NL style="font-size:10.0pt;">www.uscellular.com&nbsp;</font></u></p>

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

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;text-decoration:none;">OneNeck IT Solutions: </font><u><font color=blue face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;">www.oneneck.com&nbsp;</font></u></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:.2pt;text-decoration:none;">&nbsp;</font></p>


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<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;">&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;">&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;">6</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>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


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<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
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<tr style="height:12.0pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><u><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">As of or for the Quarter Ended</font></u></b></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">3/31/2015</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total at end of period</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,307,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,298,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,200,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,148,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,174,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Gross additions</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;200,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;302,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;251,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;190,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;197,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Net additions (losses)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;9,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;98,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;52,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;(26,000)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;(93,000)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">ARPU (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;54.87&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;56.51&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;56.37&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;56.82&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;57.59&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">ARPA (2)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;134.94&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;136.13&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;132.99&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;131.95&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;132.03&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Churn rate (3)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">1.5%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">1.6%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">1.6%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">1.7%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">2.3%</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Smartphone penetration (4)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">66.9%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">64.8%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">61.7%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">58.4%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">55.8%</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=30% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Prepaid</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total at end of period</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;360,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;348,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;350,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;352,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;356,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Gross additions</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;73,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;60,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;64,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;65,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;85,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Net additions (losses)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;12,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;(2,000)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;(2,000)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;(4,000)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;13,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">ARPU (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;35.72&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;35.33&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;34.40&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;34.02&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;32.22&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Churn rate (3)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">5.8%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">5.9%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">6.3%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">6.5%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">6.9%</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total customers at end of period</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,775,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,760,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,674,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,653,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,684,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Billed ARPU (1)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;52.29&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;53.63&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;53.24&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;53.36&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;53.93&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Service revenue ARPU (1)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;58.01&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;60.10&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;60.92&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;60.32&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;60.19&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Smartphones sold as a percent of total </font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160; handsets sold</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">85.7%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">86.5%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">80.8%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">79.0%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">78.2%</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total population</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Consolidated markets (5)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;45,737,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;50,906,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;54,817,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;54,817,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;54,817,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Consolidated operating markets (5)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;31,814,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;31,729,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;31,729,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;31,729,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;31,729,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Market penetration at end of period</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Consolidated markets (6)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">10.4%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">9.4%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">8.5%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">8.5%</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">8.5%</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Consolidated operating markets (6)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">15.0%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">15.0%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">14.7%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">14.7%</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">14.8%</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Capital expenditures (000s)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;66,460&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;181,655&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;142,452&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;143,927&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;89,581&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total cell sites in service</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;6,219&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;6,220&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;6,209&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;6,183&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;6,165&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=32% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Owned towers (7)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;3,955&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,281&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,487&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,457&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;4,448&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0in;margin-bottom:.0001pt;"><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;text-decoration:none;">&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:9.0pt;">(1)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Average Revenue Per User (&#8220;ARPU&#8221;)
metrics are calculated by dividing a revenue base by an average number of
customers by the number of months in the period.&#160; These revenue bases and
customer populations are shown below:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.5pt;text-indent:-19.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">a.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Postpaid ARPU consists of total
postpaid service revenues and postpaid customers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.5pt;text-indent:-19.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">b.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Prepaid ARPU consists of total
prepaid service revenues and prepaid customers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.5pt;text-indent:-19.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">c.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Billed ARPU consists of total
postpaid, prepaid and reseller service revenues and postpaid, prepaid and
reseller customers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:55.5pt;text-indent:-19.5pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">d.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Service revenue ARPU consists of
total postpaid, prepaid and reseller service revenues, inbound roaming and
other service revenues and postpaid, prepaid and reseller customers.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">(2)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Average Revenue Per Account
(&#8220;ARPA&#8221;) metric is calculated by dividing total postpaid service revenues by
the average number of postpaid accounts by the number of months in the period.</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:9.0pt;">(3)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Churn metrics represent the
percentage of the postpaid or prepaid customers that disconnect service each
month. These metrics represent the average monthly postpaid or prepaid churn
rate for each respective period.</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:9.0pt;">(4)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Smartphones represent wireless
devices which run on an Android, Apple, BlackBerry or Windows Mobile operating
system, excluding connected devices. Smartphone penetration is calculated by
dividing postpaid smartphone customers by total postpaid handset customers.</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:9.0pt;">(5)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">The decrease in the population of
Consolidated markets is due primarily to the license exchange transactions of certain
non-operating licenses in North Carolina in December 2014 and Illinois and
Indiana in March 2015. Total Population is used only to calculate market
penetration of consolidated markets and consolidated operating markets,
respectively.&#160; See footnote (6) below.</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:9.0pt;">(6)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Market penetration is calculated by
dividing the number of wireless customers at the end of the period by the total
population of consolidated markets and consolidated operating markets,
respectively, as estimated by Claritas.&#160; The increase in consolidated markets penetration
is due primarily to a lower denominator as a result of the license divestitures
described in footnote (5) above.</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:9.0pt;">(7)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">During the quarters ended March 31,
2015 and December 31, 2014, sold 359 and 236 towers, respectively, in divested
markets.</font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">&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;">&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;">7</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>


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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_8"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>

<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td colspan=18 valign=bottom width=100% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">TDS
  Telecom</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=18 valign=bottom width=100% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Summary
  Operating Data (Unaudited)</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=red face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=red face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=4 valign=bottom width=32% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Quarter Ended</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">3/31/2015</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">12/31/2014</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">9/30/2014</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">6/30/2014</font></b></p>
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<tr style="height:12.0pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Voice (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">333,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">335,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">340,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">346,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">348,700&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Broadband (2)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">229,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">229,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">231,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">232,700&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">229,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">IPTV (3)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">25,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">23,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">20,700&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">18,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">15,900&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&#160; Wireline residential connections</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">588,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">588,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">592,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">597,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">593,600&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=30% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total residential revenue per connection (4)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">42.32&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">41.56&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">41.47&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">41.05&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">40.79&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=30% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Commercial connections</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Voice (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">187,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">193,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">199,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">206,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">212,200&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Broadband (2)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">24,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">24,700&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">25,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">26,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">26,600&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><i><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">managed</font></i><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">IP (5)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">143,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">140,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">137,700&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">133,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">131,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&#160; Wireline commercial connections</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">355,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">358,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">362,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">365,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">369,800&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=30% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Total Wireline connections</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">943,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">946,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">954,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">962,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">963,400&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;68,700&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Broadband (7)</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">112,200&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;110,900&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;106,400&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;63,200&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;63,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Voice (7)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">49,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;46,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;41,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;17,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;17,700&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&#160; Cable connections</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">271,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">267,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">257,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;150,700&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;149,400&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=29% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</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:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">&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:9.0pt;layout-grid-mode:char;">(1)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">The individual circuit connecting
customers to TDS Telecom&#8217;s central office facilities.</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:9.0pt;layout-grid-mode:char;">(2)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">The number of customers provided
high-capacity data circuits via various technologies, including DSL and
dedicated internet circuit technologies.</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:9.0pt;layout-grid-mode:char;">(3)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">The number of customers
provided video services using IP networking technology.</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:9.0pt;layout-grid-mode:char;">(4)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">Total residential revenue per
connection is calculated by dividing the average residential revenue for the
period by the average number of residential connections for the period.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-indent:-.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">(5)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">The number of telephone handsets,
data lines and IP trunks providing communications using IP networking
technology. </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:9.0pt;layout-grid-mode:char;">(6)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">Generally, a home or business
receiving video programming counts as one video connection. In counting bulk
residential or commercial connections, such as an apartment building or hotel,
connections are counted based on the number of units/rooms within the building
receiving service. </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:9.0pt;layout-grid-mode:char;">(7)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;layout-grid-mode:char;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:char;">Broadband and voice connections
reflect billable number of lines into a building for high speed data and voice
services, respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td valign=bottom width=25% style="background:white;border:none;height:11.25pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:11.25pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">20,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">51,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">34,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">27,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">22,900&nbsp;</font></p>
  </td>
 </tr>
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  <td valign=bottom width=25% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cable</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=12% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">11,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;14,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;7,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;7,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,200&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=25% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">HMS</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">4,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">13,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">9,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">10,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2,800&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=25% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">36,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">79,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">51,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">45,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">31,900&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">8</font></p>

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>

<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td colspan=14 valign=bottom width=100% style="background:white;border:none;height:10.5pt;padding:0in 0in 0in 0in;">
  <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;">Telephone and Data
  Systems, Inc.</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=14 valign=bottom width=100% style="background:white;border:none;height:10.5pt;padding:0in 0in 0in 0in;">
  <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;">Consolidated
  Statement of Operations Highlights</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=14 valign=bottom width=100% style="background:white;border:none;height:10.5pt;padding:0in 0in 0in 0in;">
  <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;">Three Months Ended
  March 31,</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=14 valign=bottom width=100% style="background:white;border:none;height:9.0pt;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:8.0pt;">(Unaudited,
  dollars and shares in thousands, except per share amounts)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=4 valign=bottom width=23% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Change</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2015&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2014&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Percent</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=47% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating revenues</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">U.S. Cellular</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;965,245&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;925,811&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;39,434&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">4% </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">TDS Telecom</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;279,985&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;262,416&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;17,569&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">7% </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">All Other (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,363&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;7,735&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,372)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(18%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,251,593&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,195,962&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;55,631&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">5% </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating expenses</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">U.S. Cellular</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Expenses excluding depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;797,946&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;846,645&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(48,699)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(6%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;147,085&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;167,753&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(20,668)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(12%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on asset disposals, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,251&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,934&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,317&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on sale of business and other exit costs, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(111,477)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(6,900)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(104,577)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on license sales and exchanges, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(122,873)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(91,446)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(31,427)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(34%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;714,932&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;917,986&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(203,054)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(22%)</font></p>
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 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">TDS Telecom</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Expenses excluding depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;200,460&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;190,303&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;10,157&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">5% </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;57,163&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;53,775&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,388&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">6% </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on asset disposals, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,130&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;344&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;786&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;258,753&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;244,422&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;14,331&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">6% </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">All Other (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Expenses excluding depreciation and amortization</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;5,262&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;9,326&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(4,064)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(44%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation and amortization</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,327&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,391&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,064)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(31%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on asset disposals, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;152&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(156)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;(100%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on sale of business and other exit costs, net (2)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(12,306)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;-&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(12,306)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">N/M</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(4,721)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;12,869&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(17,590)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;(100%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total operating expenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;968,964&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,175,277&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(206,313)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(18%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating income (loss)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">U.S. Cellular</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;250,313&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;7,825&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;242,488&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">TDS Telecom</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;21,232&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;17,994&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">18%
  </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">All Other&#160; (1)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;11,084&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(5,134)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;16,218&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;(100%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;282,629&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;20,685&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;261,944&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Investment and other income (expense)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Equity in earnings of unconsolidated entities</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;34,641&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;37,327&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,686)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(7%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Interest and dividend income</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,385&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,486&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;5,899&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Interest expense</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(33,830)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(28,707)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(5,123)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(18%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Other, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;160&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(164)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;(100%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=41% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total investment and other income</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;9,192&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;11,266&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,074)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(18%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Income before income taxes</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;291,821&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;31,951&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;259,870&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Income tax expense (benefit)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;116,020&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;11,657&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;104,363&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Net income </font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;175,801&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;20,294&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;155,507&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Less: Net income attributable to noncontrolling interests, net
  of tax </font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;30,061&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;28,021&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Net income attributable to TDS shareholders</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;145,740&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;18,254&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;127,486&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=43% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">TDS Preferred dividend requirement</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(12)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(12)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#8212;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Net income available to common shareholders</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;145,728&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;18,242&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;127,486&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Basic weighted average shares outstanding</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;108,169&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;108,988&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(819)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(1%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Basic earnings per share attributable to TDS shareholders</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1.35&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;0.17&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1.18&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Diluted weighted average shares outstanding</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;108,946&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;109,672&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(726)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(1%)</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=47% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Diluted earnings per share attributable to TDS shareholders</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1.33&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;0.16&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1.17&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=red face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</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:12.0pt;">&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:8.0pt;">(1)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;">Consists of TDS
corporate, intercompany eliminations and all other business operations not
included in the U.S. Cellular and TDS Telecom segments. </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:8.0pt;">(2)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;">Compared to U.S.
Cellular, TDS recognized an incremental gain of $11.9 million on the tower sale
as a result of a lower basis in the assets disposed.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;">N/M &#8211; Percentage change not meaningful</font></p>




<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">&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;">&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;">9</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>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_10"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>

<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=7 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Telephone and Data
  Systems, Inc.</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=7 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Consolidated
  Balance Sheet Highlights</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=7 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;">(Unaudited, dollars
  in thousands)</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=7 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">ASSETS</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% 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:8.0pt;">March
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  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=13% 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:8.0pt;">December
  31,</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">2015&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">2014&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=72% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Current assets</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;635,120&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;471,901&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">Accounts receivable from customers and others</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;658,888&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;683,681&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;178,313&nbsp;</font></p>
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 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;273,707&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">Net deferred income tax asset</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;92,791&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;107,686&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% 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:8.0pt;">Prepaid expenses</font></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;97,707&nbsp;</font></p>
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 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;86,506&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">Income taxes receivable</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;853&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;113,708&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">Other current assets</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;29,132&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;29,766&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,692,804&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,766,955&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
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<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=72% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Assets held for sale</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;29,771&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;103,343&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:14.25pt;">
  <td colspan=2 valign=bottom width=72% style="background:#CCEEFF;border:none;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Investments</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:16.5pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Licenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,837,238&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:16.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,453,574&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">Goodwill</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;771,674&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;771,352&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;244,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;244,300&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;59,708&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;64,499&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=68% 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:8.0pt;">Investments in unconsolidated entities</font></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;343,382&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;321,729&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">Other investments</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;485&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;508&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,256,787&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,855,962&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=72% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Property, plant and equipment, net</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">U.S. Cellular</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,645,117&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,728,217&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">TDS Telecom</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,077,924&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,093,671&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">Other</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;23,793&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;24,237&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,746,834&nbsp;</font></p>
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 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,846,125&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=72% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Other assets and deferred charges</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;270,042&nbsp;</font></p>
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 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;334,554&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=68% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td colspan=2 valign=bottom width=72% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total assets</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,996,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,906,939&nbsp;</font></p>
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  <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;">Telephone and Data
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<tr style="height:12.75pt;">
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<tr style="height:14.25pt;">
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<tr style="height:12.75pt;">
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  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% 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:8.0pt;">December
  31,</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=63% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">2015&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">2014&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 valign=bottom width=71% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Current liabilities</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% 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:8.0pt;">Current portion of long-term debt</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;805&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;808&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;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:8.0pt;">Accounts payable</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;312,091&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;387,125&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% 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:8.0pt;">Customer deposits and deferred revenues</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;338,076&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;324,318&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;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:8.0pt;">Accrued interest</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;17,376&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;7,919&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% 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:8.0pt;">Accrued taxes</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;174,043&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;46,734&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;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:8.0pt;">Accrued compensation</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;68,838&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;114,549&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% 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:8.0pt;">Other current liabilities</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;145,871&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;181,803&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=63% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,057,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;941,519&nbsp;</font></p>
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<tr style="height:12.0pt;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Other deferred liabilities and credits</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;441,745&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;430,774&nbsp;</font></p>
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<tr style="height:12.75pt;">
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 <td valign=bottom width=63% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Long-term debt</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,993,457&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,993,586&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=63% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Noncontrolling interests with redemption features</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,619&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,150&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=63% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 valign=bottom width=71% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Equity</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=67% 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:8.0pt;">TDS shareholders' equity</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;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:8.0pt;">Series A Common and Common Shares, par value $.01</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,327&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,327&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% 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:8.0pt;">Capital in excess of par value</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,344,274&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,336,511&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;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:8.0pt;">Treasury shares, at cost</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(745,590)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(748,199)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% 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:8.0pt;">Accumulated other comprehensive loss</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,012&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,452&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;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:8.0pt;">Retained earnings</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,460,323&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,330,187&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=63% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#160; Total TDS shareholders' equity</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,066,346&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,926,278&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=63% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=3 valign=bottom width=67% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;824&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;824&nbsp;</font></p>
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<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:12.0pt;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>
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 <td colspan=3 valign=bottom width=67% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;550,932&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;527,909&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=63% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=65% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total equity</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,618,102&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,455,011&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=63% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
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<tr style="height:12.75pt;">
  <td colspan=4 valign=bottom width=71% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total liabilities and equity</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,996,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,906,939&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">&nbsp;</font></p>

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<div align=left><table border=1 cellpadding=0 cellspacing=0 style="border:none;border-collapse:collapse;width:100%;">
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  <td colspan=17 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Balance Sheet
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 </tr>
<tr style="height:12.75pt;">
  <td colspan=17 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">March 31, 2015</font></b></p>
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<tr style="height:12.75pt;">
  <td colspan=17 valign=bottom width=100% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
  <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=30% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td colspan=2 valign=bottom width=12% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td colspan=2 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:8.0pt;">TDS
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td colspan=2 valign=bottom width=11% 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:8.0pt;">Intercompany</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td colspan=2 valign=bottom width=11% 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:8.0pt;">TDS</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% 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:8.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">Cellular</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">Telecom</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">&amp;
  Other</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">Eliminations</font></p>
  </td>
 <td valign=bottom width=2% 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;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;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:8.0pt;">Consolidated</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% style="background:#CCEEFF;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:8.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;336,893&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;68,221&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;230,006&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;635,120&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% 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:8.0pt;">Affiliated cash investments</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;407,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(407,200)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=32% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;336,893&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
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 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;475,421&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;230,006&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
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 <td valign=bottom width=9% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(407,200)&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
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 <td valign=bottom width=9% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;635,120&nbsp;</font></p>
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<tr style="height:12.75pt;">
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 <td valign=bottom width=30% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% 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:8.0pt;">Licenses, goodwill and other intangible assets</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,197,253&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">$</font></p>
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 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;853,625&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(137,958)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% 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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,912,920&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% style="background:#CCEEFF;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:8.0pt;">Investment in unconsolidated entities</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;304,501&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,805&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;39,898&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(4,822)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;343,382&nbsp;</font></p>
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 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% 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:8.0pt;">Long-term and other investments</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;484&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;485&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=30% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
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 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,501,754&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
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 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;857,914&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(98,060)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(4,822)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
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 <td valign=bottom width=9% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,256,787&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% 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:8.0pt;">Property, plant and equipment, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
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 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,645,117&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,077,924&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;23,990&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(197)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,746,834&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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  </td>
 <td valign=bottom width=30% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=34% 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:8.0pt;">Long-term debt:</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=32% style="background:#CCEEFF;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:8.0pt;">Current portion</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;57&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;25&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;723&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;805&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=32% 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:8.0pt;">Non-current portion</font></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,151,901&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,406&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;840,150&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,993,457&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="background:#CCEEFF;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,151,958&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,431&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=10% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;840,873&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8213;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;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:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,994,262&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">&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;">&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;">12</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>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_13"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>

<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=10 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Telephone and Data
  Systems, Inc.</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=10 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Consolidated
  Statement of Cash Flows</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=10 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;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">Three Months Ended
  March 31,</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=10 valign=bottom width=100% style="background:white;border:none;height:12.0pt;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:8.0pt;">(Unaudited,
  dollars in thousands)</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:white;border:none;height:12.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2015&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2014&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=5 valign=bottom width=71% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash flows from operating activities</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Net income (loss)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;175,801&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;20,294&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:21.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=65% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Add (deduct) adjustments to reconcile net income to cash flows </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160; from operating activities </font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:21.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;206,575&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;224,919&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Bad debts expense</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;29,849&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;21,559&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Stock-based compensation expense</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,096&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,759&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Deferred income taxes, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(47,466)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(14,510)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Equity in earnings of unconsolidated entities</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(37,327)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;12,988&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;12,820&nbsp;</font></p>
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;5,377&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,430&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(123,783)&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(6,900)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(122,873)&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(91,446)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;670&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;506&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;47&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td colspan=3 valign=bottom width=65% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:9.75pt;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Accounts receivable</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;21,240&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;19,656&nbsp;</font></p>
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  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;13,319&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,447)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:9.75pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;9,136&nbsp;</font></p>
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  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;355,306&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;104,937&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=5 valign=bottom width=71% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash flows from investing activities</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash used for additions to property, plant and equipment</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(166,461)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(150,890)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash paid for acquisitions and licenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(280,710)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(8,254)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash received from divestitures and exchanges</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;274,131&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;103,042&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=gray face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash received for investments</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;10,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Other investing activities</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,765&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,623&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(170,275)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(44,479)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=5 valign=bottom width=71% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cash flows from financing activities</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:9.75pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(247)&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(392)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">TDS Common Shares reissued for benefit plans, net of tax
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;213&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(50)&nbsp;</font></p>
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">U.S. Cellular Common Shares reissued for benefit plans, net of
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;487&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;316&nbsp;</font></p>
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Repurchase of TDS Common Shares</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8212;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(3,342)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Repurchase of U.S. Cellular Common Shares</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,302)&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,000)&nbsp;</font></p>
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Dividends paid to TDS shareholders</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(15,232)&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(14,582)&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Payment of debt issuance costs</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(3,018)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8212;&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Distributions to noncontrolling interests</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(225)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(346)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Other financing activities</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,488)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,834&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(21,812)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(17,562)&nbsp;</font></p>
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=white face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=12% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td colspan=5 valign=bottom width=71% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;42,896&nbsp;</font></p>
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<tr style="height:9.75pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=61% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
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<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Beginning of period</font></p>
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 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;471,901&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;830,014&nbsp;</font></p>
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td colspan=4 valign=bottom width=67% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">End of period</font></p>
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 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;635,120&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;872,910&nbsp;</font></p>
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 </tr>
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<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;line-height:.2pt;">&nbsp;</font></p>


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 <td valign=bottom width=9% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=24% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Change</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2015&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">2014&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=13% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Percent</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Wireline</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating revenues</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Residential</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;74,686&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;72,505&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;2,181&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">3% </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Commercial</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;55,762&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;57,980&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,218)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(4%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Wholesale</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;45,243&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;46,448&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,205)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(3%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=40% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total service revenues</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;175,691&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;176,933&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,242)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(1%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Equipment sales</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;444&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;553&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(109)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(20%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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=38% style="background:white;border:none;height:9.75pt;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=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;176,135&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;177,486&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,351)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(1%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating expenses</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cost of services</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;62,427&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;64,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(1,973)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(3%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cost of equipment sold</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;563&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;483&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;80&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">17%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Selling, general and administrative expenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;45,669&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;46,520&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(851)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(2%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;42,009&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;42,736&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(727)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(2%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on asset disposals, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;518&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;245&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;273&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;151,186&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;154,384&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(3,198)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(2%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating income</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;24,949&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;23,102&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,847&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">8% </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=46% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cable</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating revenues</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Residential</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;35,046&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;18,253&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;16,793&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">92%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Commercial</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,435&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,250&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,185&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">98%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=40% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total service revenues</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;43,481&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;22,503&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;20,978&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">93%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Equipment sales</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;88&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;88&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">N/M</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:#CCEEFF;border:none;height:9.75pt;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=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;43,569&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;22,503&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;21,066&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">94%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating expenses</font></b></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cost of services</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;19,948&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;10,955&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,993&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">82%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cost of equipment sold</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;60&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&#8212;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Selling, general and administrative expenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;12,625&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,378&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,247&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">98%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;8,719&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,361&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;4,358&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">100%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on asset disposals, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;682&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;65&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;617&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;42,034&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;21,759&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;20,275&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">93%
  </font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating income</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,535&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;744&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;791&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;100%</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">HMS</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating revenues</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Service revenues</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;28,416&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;27,376&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">4% </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Equipment sales</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;32,545&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;35,732&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(3,187)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(9%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;60,961&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;63,108&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,147)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(3%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating expenses</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cost of services </font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;20,028&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;16,946&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,082&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">18%
  </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Cost of equipment sold</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;27,130&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;30,467&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(3,337)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(11%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Selling, general and administrative expenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;12,690&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;14,835&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,145)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(14%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Depreciation, amortization and accretion</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,435&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;6,678&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(243)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(4%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(Gain) loss on asset disposals, net</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(70)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;34&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(104)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&gt;(100)%</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;66,213&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;68,960&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(2,747)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">(4%)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=42% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Operating (loss)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(5,252)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(5,852)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;600&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">10%
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 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=38% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=46% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Intercompany revenues</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(680)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(681)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#8212;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=bottom width=46% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Intercompany expenses</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(680)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;(681)&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:solid black 1.0pt;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;1&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:9.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#8212;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=38% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#CCEEFF;border:none;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=4 valign=bottom width=46% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">Total TDS Telecom operating income</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;21,232&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;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:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;17,994&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">$</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;3,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:8.0pt;">18%
  </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;line-height:.2pt;">&nbsp;</font></p>


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<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;">&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;">&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;">14</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>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_15"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 5%; PADDING-LEFT: 5%">

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>

<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=9 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;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Telephone
  and Data Systems, Inc.</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=9 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;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Financial
  Measures and Reconciliations</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=9 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:9.0pt;">(Unaudited,
  dollars in thousands)</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
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 <td valign=bottom width=14% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
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 <td valign=bottom width=14% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=13% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=59% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td colspan=5 valign=bottom width=33% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=59% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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<tr style="height:12.75pt;">
  <td colspan=3 valign=bottom width=65% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td colspan=2 valign=bottom width=16% style="background:white;border:none;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td valign=bottom width=2% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
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 <td colspan=2 valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
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<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
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 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=59% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=61% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Cash flows from operating activities</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;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:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=14% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;355,306&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;104,937&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=61% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Add: Sprint Cost Reimbursement</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;15,712&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;11,254&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=4% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=61% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Less: Cash used for additions to property, plant and equipment</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;166,461&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#CCEEFF;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;150,889&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=4% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% 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:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">Adjusted free cash flow (1)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;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:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;204,557&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">$</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border:none;border-bottom:double black 2.25pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:9.0pt;">&#160;(34,698)&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">(1)</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:9.0pt;">Adjusted free cash flow is defined
as Cash flows from operating activities (which includes cash outflows related
to the Sprint decommissioning), as adjusted for cash proceeds from the Sprint
Cost Reimbursement (which are included in Cash flows from investing activities
in the Consolidated Statement of Cash Flows), less Cash used for additions to
property, plant and equipment. Adjusted free cash flow is a non-GAAP financial
measure which TDS believes may be useful to investors and other users of its
financial information in evaluating the amount of cash generated by business
operations (including cash proceeds from the Sprint Cost Reimbursement), after
Cash used for additions to property, plant and equipment.</font></p>









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<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;">&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;">&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;">15</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>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">The
following is an excerpt from the script for the TDS earnings conference call on
May 1, 2015 relating to the TDS annual meeting of shareholders and election of
directors.&#160; A transcript of the entire call will be filed on a Schedule 14A
after the call.&#160; </font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Jane
McCahon: &#160; &#8220;We invite you to join us or listen to the webcast of our Annual
Meetings.&#160; U.S. Cellular&#8217;s meeting is on May 19 in Milwaukee and TDS&#8217; is on May
21 in Madison.&#160; We also ask our shareholders to support our extremely qualified
slate of director nominees at both TDS and U.S. Cellular.&#160; We will be on the
road and reaching out to our shareholders to discuss our progress over the
coming weeks.&#8221; </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 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;">&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;">&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;">16</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>


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