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This Forum program is open
to all shareholders of Telephone and Data Systems, Inc. (NYSE:
TDS), and its controlled subsidiary, United States Cellular
Corporation (NYSE: USM), and to any fiduciaries or professionals
concerned with their investment decisions. Participation is free
of charge, according to the Forum's standard
Conditions of Participation.
The purpose of the Forum
is to provide shareholders with access to information and a free
exchange of views relating to their consideration of issues
described in the Forum Summary. As
stated in the Conditions, all Forum participants are expected to
make independent use of information obtained through the Forum,
subject to the privacy rights of other participants. Forum
polices are intended to support anonymous communication, and
provide that participants will not be identified or quoted
without their explicit permission.
The
initiation of this program was supported by Southeastern Asset
Management, Inc., which as manager of the Longleaf Partners
Funds and other client funds is the largest TDS shareholder with
common
and
special common stock aggregating more than 15% of the total
of all classes outstanding. TDS has been invited to assume
corporate responsibility for the costs of addressing issues of
apparent significance to a broad range of its investors,
according to the Forum's Conditions, and other participants may
be invited to contribute support to the continuing program
pending the company's acceptance of responsibility.
Inquiries and requests to
be included in the Forum's distribution list may be addressed to
tds@shareholderforum.com.
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The information
provided to Forum participants is intended for their
private reference, and permission has not been
granted for the republishing of any copyrighted
material. The material presented on this web site is
the responsibility of
Gary Lutin, as chairman of the Shareholder
Forum.
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