TDS Announces Third Quarter 2013 Dividend

                  TDS Announces Third Quarter 2013 Dividend

PR Newswire

CHICAGO, Aug. 22, 2013

CHICAGO, Aug. 22, 2013 /PRNewswire/ --The board of directors of Telephone and
Data Systems, Inc. [NYSE: TDS], a leading provider of telecommunications
services, has declared a third quarter 2013 dividend of $.1275 per Common
Share and Series A Common Share. Payment will be made on Sept. 30, 2013 to
shareholders of record as of Sept. 16, 2013.

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides
wireless; broadband, TV and voice; and hosted and managed servicesto
approximately 6 million customers nationwide through its business units, U.S.
Cellular, TDS Telecom and TDS Hosted & Managed Services. Founded in 1969 and
headquartered in Chicago, TDS employed 10,700 people as of June 30, 2013.

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SOURCE Telephone and Data Systems, Inc.

Contact: Julie D. Mathews, Manager, Investor Relations, (312) 592-5341,
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