Insider Trades - HANLEY JOSEPH R

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HANLEY JOSEPH R: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
TELEPHONE + DATA SYS Officer NYSE:TDS (historical quotes, profile, SEC, other insiders)	15-Dec-09	2,687	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
15-Dec-09 1,559 TDS Option Exercise at $0 per share.
15-Dec-09 459 TDS Disposition (Non Open Market) at $30.03 per share.
(Value of $13,783)
15-Dec-08 1,512 TDS Option Exercise at $0 per share.
15-Dec-08 445 TDS Disposition (Non Open Market) at $27.40 per share.
(Value of $12,193)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
15-Dec-09	1,559	TDS	Option Exercise at $0 per share.
15-Dec-09	459	TDS	Disposition (Non Open Market) at $30.03 per share. (Value of $13,783)
15-Dec-08	1,512	TDS	Option Exercise at $0 per share.
15-Dec-08	445	TDS	Disposition (Non Open Market) at $27.40 per share. (Value of $12,193)