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For the views of Ms. McCahon addressing shareholder communication issues in another Shareholder Forum program, unrelated to her new TDS responsibilities announced below, see

 

Telephone and Data Systems, Inc., August 21, 2009 press release

 

TDS Appoints Jane W. McCahon Vice President of Corporate Relations

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Press Release

Source: Telephone and Data Systems, Inc.
On Friday August 21, 2009, 11:33 am EDT

CHICAGO, Aug. 21 /PRNewswire-FirstCall/ -- Telephone and Data Systems, Inc. (NYSE:TDS) today announced that the company has appointed Jane W. McCahon vice president of corporate relations. She will report to Kenneth R. Meyers, TDS' executive vice president and chief financial officer. Mark A. Steinkrauss, TDS' current vice president of corporate relations, will retire from TDS, effective later this year.

McCahon, a former chairman and member of the board of the National Investor Relations Institute (NIRI), brings a diverse background in investor and corporate relations to TDS. As a principal with Massachusetts-based Conway Communications, McCahon developed strategic investor relations programs for a wide range of clients. Prior to that, she held senior investor relations positions in varied industries, including utilities, retail, pharmaceutical, and banking.

McCahon also served on the NIRI Senior Roundtable Steering Committee and was a founding member and chairman of the NIRI Ethics Council.

"Jane McCahon's significant and wide-ranging investor relations experience will be a tremendous asset to TDS and to its shareholders," said Ken Meyers. "She has demonstrated innovative leadership across multiple industries, as well as a longstanding commitment to the theory and practice of investor relations. I am confident that she will bring strong guidance and wise counsel to our investor relations program."

McCahon holds a BA in economics and finance from Bentley College, and a JD from Suffolk University Law School.

About TDS(TM)

Telephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides wireless, local and long-distance telephone and broadband services to approximately 7.3 million customers in 36 states through its business units, U.S. Cellular (wireless) and TDS Telecom (wireline). Founded in 1969 and headquartered in Chicago, TDS employed 12,400 people as of June 30, 2009. For more information about TDS, visit www.teldta.com.

 

Copyright © 2009 PR Newswire.

 

 

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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.

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