Five-Year Statistical Summary Year Ended or at December 31, 2003 2002 2001 2000 1999 (as restated) (a) (as restated) (a) (Dollars in thousands, except per share and per customer amounts) Market and Customer Statistics Consolidated markets (b) 235 210 204 176 180 Wireless customers 4,409,000 4,103,000 3,461,000 3,061,000 2,602,000 Total Population (c) 46,267,000 41,048,000 28,632,000 24,912,000 24,861,000 Market penetration 9.53% 10.00% 12.09% 12.29% 10.47% Net customer additions – marketing 447,000 310,000 354,000 483,000 404,000 Post-pay churn rate per month 1.5% 1.8% 1.7% 1.8% 1.9% Average monthly service  revenue per customer (d) $ 47.38 $ 47.25 $ 46.28 $ 49.21 $ 53.71 Average monthly local  minutes of use per customer 422 304 216 157 115 Marketing cost per gross customer addition $ 380 $ 365 $ 322 $ 330 $ 346 Operating Statistics System operations expense  per customer per month $ 11.26 $ 11.09 $ 10.67 $ 10.43 $ 12.96 As a percent of service revenues 23.8% 23.5% 23.1% 21.2% 24.1% Cell sites in service 4,184 3,914 2,925 2,501 2,300 Capital expenditures and  system development costs $ 632,526 $ 730,645 $ 503,334 $ 305,417 $ 277,450 General and administrative  expense per customer per month $ 13.40 $ 11.70 $ 11.01 $ 10.85 $ 11.47 As a percent of service revenues 27.0% 24.8% 23.8% 22.1% 21.4% Number of employees 6,225 6,100 5,150 5,250 4,800 Operating income (loss) $ 118,983 $ 281,166 $ 317,212 $ 292,313 $ 255,842 Operating income (loss) as a  percent of service revenues 4.9% 13.4% 17.4% 17.7% 16.8% Balance Sheet Information Property, plant and equipment  before depreciation $3,441,177 $3,085,583 $2,253,016 $1,801,377 $1,579,278 Investment in licenses and goodwill 1,619,582 1,751,941 1,332,766 1,258,573 1,203,420 Total assets 4,945,747 4,769,597 3,759,157 3,501,177 3,500,095 Total debt outstanding 1,252,344 1,311,660 667,156 503,817 546,322 Common Shares outstanding 55,046 55,046 55,046 55,046 54,713 Series A Common Shares outstanding 33,006 33,006 33,006 33,006 33,006 Common shareholders’ equity $2,465,403 $2,402,377 $2,335,669 $2,214,571 $2,274,641 Return on equity (e) 2.3% (0.8)% 8.0% 10.4% 14.2% 65 (a) Certain amounts have been restated to reflect changes to the implementation of Statement of Financial Accounting Standards (“SFAS”) No. 142 “Goodwill and Other Intangible Assets,” as discussed in the Restatement section of Note 1 to the consolidated financial statements. (b) Markets whose results are included in U.S. Cellular’s consolidated operating results. (c) Based on Claritas estimates for the previous year (e.g., 2000 Claritas estimates are used for the 2001 Total Population amount.) (d) The numerator of this calculation consists of service revenues for the respective 12 month period divided by 12. The denominator consists of the average number of U.S. Cellular  wireless customers. (e) Return on Equity is calculated by dividing Net Income (Loss) before Cumulative Effect of  Accounting Change by the average of the beginning and ending Common Shareholders’ Equity. These amounts are taken from the consolidated income statement and balance sheets. T he result is shown as a percentage.