FILED PURSUANT TO RULE 424(B)(3)
REGISTRATION NO. 333-109130
PROSPECTUS SUPPLEMENT NO. 1 DATED JUNE 25, 2004
TO PROSPECTUS DATED JUNE 9, 2004
$840,000,000
DST SYSTEMS, INC.
4.125% SERIES A CONVERTIBLE SENIOR DEBENTURES DUE 2023
3.625% SERIES B CONVERTIBLE SENIOR DEBENTURES DUE 2023
AND
COMMON STOCK ISSUABLE UPON CONVERSION OF THE DEBENTURES
This prospectus supplement relates to the accompanying prospectus dated
June 9, 2004 relating to the offer and sale from time to time of up to
$540,000,000 aggregate principal amount of our 4.125% Series A Convertible
Senior Debentures due 2023 and $300,000,000 aggregate principal amount of our
3.625% Series B Convertible Senior Debentures due 2023, collectively referred to
as the debentures, and the shares of common stock of DST Systems, Inc. issuable
upon conversion of the debentures. The "Selling Security Holders" section of the
accompanying prospectus is hereby supplemented to include the information
provided below in the table appearing in the "Selling Security Holders" section
of this prospectus supplement with respect to amendments to the information
previously listed in the accompanying prospectus and, as indicated, supercedes
the information previously included in the table appearing in the "Selling
Security Holders" section of the accompanying prospectus, or any other
amendments or supplements thereto.
This prospectus supplement should be read in conjunction with, and may not
be delivered or utilized without, the accompanying prospectus dated June 9, 2004
and all other amendments or supplements thereto. The terms of the debentures are
set forth in the accompanying prospectus dated June 9, 2004.
Selling security holders listed in the "Selling Security Holders" section
of this prospectus supplement and any other amendments or supplements thereto
may offer and sell the debentures and the shares of common stock issuable upon
conversion of the debentures pursuant to this prospectus supplement, the
accompanying prospectus, and any other amendments or supplements thereto. Our
registration of the debentures and the shares of common stock issuable upon
conversion of the debentures does not necessarily mean that the selling security
holders will sell all or any of the debentures or the shares of common stock.
SELLING SECURITY HOLDERS
We originally issued the debentures in transactions exempt from or not
subject to registration under the Securities Act of 1933. The debentures and the
common stock issuable upon conversion thereof that may be offered under this
prospectus will be offered by the selling security holders, which includes their
donees, pledgees, transferees and other successors-in-interest. Only those
debentures and shares of common stock issuable upon conversion thereof listed
below may be offered for resale by the selling holders pursuant to this
prospectus.
The following table sets forth certain information, as of June 24, 2004,
about the principal amount of debentures beneficially owned by each selling
security holder and the number of shares of common stock issuable upon
conversion of these debentures that may be offered from time to time pursuant to
this prospectus.
The percentage of debentures outstanding beneficially owned by each selling
security holder is based on $540,000,000 aggregate principal amount of Series A
debentures outstanding and $300,000,000 aggregate principal amount of Series B
debentures outstanding. The number of shares of common stock owned prior to the
offering does not include shares of common stock issuable upon conversion of the
debentures. The number of shares of common stock shown in the table below
assumes conversion of the full amount of debentures held by such holder at the
initial conversion rate of 20.3732 shares per $1,000 principal amount of
debentures. This conversion rate is subject to adjustment as described under
"Description of the Series A Debentures--Conversion Rights" and "Description of
the Series B Debentures--Conversion Rights." Accordingly, the number of shares
of common stock issuable upon conversion of the debentures may increase or
decrease from time to time. Under the terms of the indenture, fractional shares
will not be issued upon conversion of the debentures. Cash will be paid instead
of fractional shares, if any.
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NUMBER OF
SHARES OF NUMBER OF
COMMON SHARES OF
PERCENTAGE STOCK COMMON PERCENTAGE OF
PRINCIPAL AMOUNT OF OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
1976 Distribution Trust FBO A.R. Lauder N/A 0 183 *
/ Zinterhofer(4) 9,000 0 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
2000 Revocable Trust FBO A.R. Lauder /
Zinterhofer(4) 9,000 0 * N/A 0 183 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Acuity Master, Ltd. (62) 0 3,480,000 N/A 1.16% 0 70,898 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Advent Convertible Master (Cayman)
L.P.(4) 16,997,000 0 3.15% N/A 0 346,283 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Aftra Health Fund (5) 75,000 0 * N/A 0 1,527 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
AG Domestic Convertibles, L.P. (6)(7) 0 6,000,000 N/A 2.00% 0 122,239 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
AG Offshore Convertibles, LTD(6)(7) 0 14,000,000 N/A 4.67% 0 285,224 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Alcon Laboratories(4) 464,000 0 * N/A 0 9,453 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Allentown City Firefighters Pension
Plan(4) 17,000 0 * N/A 0 346 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Allentown City Officers & Employees N/A
Pension Fund(4) 18,000 0 * 0 366 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Allentown City Police Pension Plan(4) 28,000 0 * N/A 0 570 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Allstate Insurance Company(9) 1,750,000 0 * N/A 39,100 35,653 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Allstate Life Insurance Company(9) 1,500,000 0 * N/A 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
PRINCIPAL AMOUNT OF PERCENTAGE NUMBER OF NUMBER OF PERCENTAGE OF
SHARES OF
COMMON SHARES OF
STOCK COMMON
OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Alpha US Sub Fund 4 LLC(4) 674,000 0 * N/A 0 13,731 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
American Investors Life Insurance N/A
Co.(10) 500,000 0 * 0 10,186 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
American Skandia Trust(11) 1,500,000 0 * N/A 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Arapahoe County Colorado(4) 58,000 0 * N/A 0 1,181 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Argent Classic Convertible Arbitrage 12,300,000 7,500,000 2.28% 2.50% 0 403,389 *
Fund (Bermuda) Ltd.(13)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Argent Classic Convertible Arbitrage
Fund II, L.P.(12) 900,000 500,000 * * 0 28,521 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Argent Classic Convertible Arbitrage
Fund L.P.(12) 3,700,000 2,100,000 * * 0 118,163 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Argent LowLev Convertible Arbitrage
Fund II, LLC(12) 568,000 426,000 * * 0 20,249 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Argent LowLev Convertible Arbitrage
Fund LLC(12) 3,732,000 2,774,000 * * 0 132,547 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Argent LowLev Convertible Arbitrage
Fund Ltd.(13) 15,400,000 11,000,000 2.85% 3.67% 0 537,852 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Arlington County Employees Retirement
System(4) 802,000 0 * N/A 0 16,339 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Arkansas PERS(67) 1,500,000 0 * N/A 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Asante Health Systems(4) 120,000 0 * N/A 0 2,444 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
ATSF - Transamerica Convertible
Securities(7)(63) 0 5,000,000 N/A 1.67% 0 101,866 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
B.C. McCabe Foundation(11) 150,000 0 * N/A 0 3,055 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Bank of America Pension Plan(16) 3,000,000 0 * N/A 0 61,119 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Barclays Global Investors Ltd(16) 1,000,000 0 * N/A 0 20,373 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Bay County PERS(5) 100,000 0 * N/A 0 2,037 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Bear, Stearns & Co., Inc.(14)(17) 0 8,000,000 N/A 2.67% 0 162,985 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Black Diamond Convertible Offshore
LDC(18) 0 1,786,000 N/A * 0 36,386 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Black Diamond Offshore Ltd.(18) 0 977,000 N/A * 0 19,904 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
BMO Nesbitt Burns Inc.(14) 5,500,000 0 1.02% N/A 0 112,052 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
BNP Paribas Arbitrage(7)(22) 3,000,000 1,500,000 * * 0 91,678 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
BNP Paribas Equity Strategies, SNC(23) 3,704,000 0 * N/A 14,315 75,462 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
British Virgin Islands Social Security
Board(4) 105,000 0 * N/A 0 2,139 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Canadian Imperial Holding, Inc.(7)(24) 5,000,000 0 * N/A 0 101,866 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Caxton International Limited(7)(68) 10,000,000 0 1.85% N/A 0 203,732 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Century Park Trust(16) 2,000,000 0 * N/A 0 40,746 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
CGNU Life Fund (8) 0 800,000 N/A * 0 16,298 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Citadel Credit Trading Ltd.(7)(25) 0 2,070,000 N/A * 0 42,172 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Citadel Equity Fund Ltd.(7)(25) 0 15,930,000 N/A 5.31% 202,800 324,545 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Citigroup Global Markets Inc.(14)(26) 2,129,000 0 * N/A 0 43,374 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
City and County of San Francisco 1,773,000 0 * N/A 0 36,121 *
Retirement System(4)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
City of New Orleans(4) 244,000 0 * N/A 0 4,971 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
City University of New York(4) 180,000 0 * N/A 0 3,667 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
PRINCIPAL AMOUNT OF PERCENTAGE NUMBER OF NUMBER OF PERCENTAGE OF
SHARES OF
COMMON SHARES OF
STOCK COMMON
OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Class C Trading Company, Ltd.(12) 1,200,000 1,400,000 * * 0 52,969 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
CNH CA Master Account, L.P.(27) 1,000,000 1,000,000 * * 0 40,746 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Commercial Union Life Fund (8) 0 1,000,000 N/A * 0 20,373 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Commerzbank AG(7)(69) 19,500,000 0 3.61% N/A 0 397,277 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Consulting Group Capital Market 1,000,000 0 * N/A 0 20,373 *
Funds(16)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Continental Assurance Company on behalf 4,500,000 0 * N/A 0 91,679 *
of its separate account (E) (7)(28)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Continental Casualty Company(7)(28) 500,000 0 * N/A 0 10,186 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Convertible Securities Fund(29) 35,000 0 * N/A 0 713 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
CooperNeff Convertible Strategies
(Cayman) Master Fund, L.P.(23) 3,726,000 0 * N/A 0 75,910 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
CQS Convertible & Quantitative
Strategies Master Fund Limited(30) 0 3,353,000 N/A 1.12% 0 68,311 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Credit Lyonnais, SA(7)(15) 0 10,000,000 N/A 3.33% 0 203,732 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Custom Investment PCC, Ltd. (12) 400,000 400,000 * * 0 16,298 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
DB Equity Opportunities Master
Portfolio LTD(31) 4,900,000 0 * N/A 0 99,828 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
DBAG London(7)(19) 27,750,000 3,800,000 5.14% 1.27% 0 642,774 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
DEAM Convertible Arbitrage(31) 2,400,000 0 * N/A 0 48,895 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
DeepRock & Co.(16) 1,000,000 0 * N/A 0 20,373 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Delaware Public Employees Retirement
System(4) 1,857,000 0 * N/A 0 37,833 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Deutsche Bank, AG/London(7)(66) 18,500,000 3,500,000 3.43% 1.17% 0 448,210 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Deutsche Bank Securities Inc.(14) 10,615,000 0 1.97% N/A 0 216,261 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Dodeca Fund, L.P.(10) 980,000 0 * N/A 0 19,965 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Double Black Diamond Offshore LDC(18) 0 5,058,000 N/A 1.69% 0 103,047 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Duke Endowment(67) 200,000 0 * N/A 0 4,074 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Excelsior Master Fund L.P.(20) 1,000,000 0 * N/A 0 20,373 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Fidelity Financial Trust: Fidelity 12,300,000 0 2.28% N/A 0 250,590 *
Convertible Securities Fund(7)(32)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Fidelity Financial Trust: Fidelity
Strategic Dividend of Income
Fund(7)(32) 1,240,000 0 * N/A 0 25,262 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Fore Convertible Master Fund LTD(33) 16,731,000 0 3.10% N/A 0 340,864 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Fugi US Income Open(11) 1,500,000 0 * N/A 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Gaia Offshore Master Fund Ltd.(34) 6,800,000 2,800,000 1.26% * 0 195,581 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
General Motors Welfare Benefit Trust(16) 2,000,000 0 * N/A 0 40,746 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Geode U.S. Convertible Arbitrage Fund,
a series of Geode Investors,
LLC(35) 5,250,000 0 * N/A 0 106,959 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Global Bermuda Limited Partnership(36) 0 6,000,000 N/A 2.00% 0 122,239 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
GMAM Group Pension Trust(16) 1,250,000 0 * N/A 0 25,466 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Goldman Sachs & Co.(14) 5,000,000 19,997,000 * 6.67% 51,914 509,268 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
PRINCIPAL AMOUNT OF PERCENTAGE NUMBER OF NUMBER OF PERCENTAGE OF
SHARES OF
COMMON SHARES OF
STOCK COMMON
OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Goldman Sachs & Co. Profit Sharing 0 73,000 N/A * 0 1,487 *
Master Trust(7)(37)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Grady Hospital Foundation(4) 160,000 0 * N/A 0 3,259 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Guggenheim Portfolio Company VIII
(Cayman) Ltd.(7)(38) 3,352,000 0 * N/A 0 68,290 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Guggenheim Portfolio Co. XV, LLC (59) 0 750,000 N/A 0 0 15,279 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Hfr Arbitrage Fund(4) 1,012,000 0 * N/A 0 20,617 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
HFR CA Global Select Master Trust
Account(12) 400,000 300,000 * * 0 14,260 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Highbridge International LLC(7)(39) 10,000,000 0 1.85% N/A 0 203,732 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
IDEX - Transamerica Convertible
Securities Fund(7)(64) 0 2,500,000 N/A * 0 50,933 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Independence Blue Cross(4) 498,000 0 * N/A 0 10,145 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Inflective Convertible Opportunity Fund
I, L.P.(10) 20,000 0 * N/A 0 407 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Intl. Truck & Engine Corp. Non
Contributory Retirement Plan
Trust(11) 625,000 0 * N/A 0 12,733 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Intl. Truck & Engine Corp. Retirement
Plan for Salaried Employee's
Trust(11) 925,000 0 * N/A 0 18,845 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
JMG Capital Partners, LP(40) 0 1,250,000 N/A * 0 25,466 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
JMG Triton Offshore Fund, Ltd.(41) 0 1,250,000 N/A * 0 25,466 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
KBC Financial Products USA Inc.(14) 5,000,000 0 * N/A 0 101,866 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
KeySpan Foundation(11) 75,000 0 * N/A 0 1,527 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lakeshore International Limited(36) 0 24,000,000 N/A 8.00% 0 488,956 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lord Abbett Bond Debenture Fund,
Inc.(11) 15,000,000 0 2.78% N/A 0 305,598 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lord Abbett Series Fund -- Bond
Debenture Portfolio(11) 500,000 0 * N/A 0 10,186 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lord Abbettt Investment Trust -- LA
Convertible Fund(11) 1,600,000 0 * N/A 0 32,597 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lyxor(4) 1,822,000 0 * N/A 0 37,119 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lyxor Master Fund Ref: Argent/LowLev CB
c/o Argent(12) 3,200,000 1,600,000 * * 0 97,791 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lyxor/Convertible Arbitrage Fund
Limited(23) 491,000 0 * N/A 0 10,003 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Lyxor/Gaia II Fund Ltd.(34) 1,700,000 700,000 * * 0 48,895 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Mainstay Convertible Fund(5)(7) 1,605,000 0 * N/A 0 32,698 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Mainstay VP Convertible Fund(5)(7) 985,000 0 * N/A 0 20,067 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Man Convertible Bond Master Fund,
Ltd.(43) 0 15,082,000 N/A 5.03% 0 307,268 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Man Mac 1 Limited(44) 5,267,000 0 * N/A 0 107,305 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
McMahon Securities Co. L.P.(42) 895,000 0 * N/A 0 18,234 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Merrill Lynch Insurance Group(4) 395,000 0 * N/A 0 8,047 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Merrill Lynch Insurance Group Bond
Debenture Portfolio(11) 50,000 0 * N/A 0 1,018 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
PRINCIPAL AMOUNT OF PERCENTAGE NUMBER OF NUMBER OF PERCENTAGE OF
SHARES OF
COMMON SHARES OF
STOCK COMMON
OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Met Investor Series Trust -- Bond 5,000,000 0 * N/A 0 101,866 *
Debenture(11)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Morgan Stanley Convertible Securities
Trust(7)(45) 1,500,000 0 * N/A 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Municipal Employees(4) 287,000 0 * N/A 0 5,847 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
National Bank of Canada c/o Putnam
Lovell NBF Securities Inc.(7)(46) 8,500,000 0 1.57% N/A 0 173,172 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
National Benefit Life Insurance
Company(7)(70) 23,000 0 * N/A 0 468 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
National Fuel & Gas Company Retirement
Plan(11) 175,000 0 * N/A 0 3,565 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Nations Convertible Securities Fund(29) 11,910,000 0 2.21% N/A 0 242,644 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
New Orleans Firefighters Pension /
Relief Fund(4) 163,000 0 * N/A 0 3,320 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
New York Life Insurance Company (Post
82)(5)(7) 1,750,000 0 * N/A 0 35,653 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
New York Life Insurance Company (Pre
82)(5)(7) 805,000 0 * N/A 0 16,400 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
New York Life Separate A/C #7(5)(7) 40,000 0 * N/A 0 814 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Newport Alternative Income Fund(47) 490,000 0 * N/A 0 9,982 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Nomura Securities International,
Inc.(14) 25,000,000 0 4.63% N/A 7,800 509,330 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Norwich Union Life & Pensions (8) 0 1,400,000 N/A * 0 28,522 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Occidental Petroleum Corporation(4) 323,000 0 * N/A 0 6,580 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Ohio Bureau of Workers Compensation(4) 214,000 0 * N/A 0 4,359 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
OIP Limited(47) 570,000 0 * N/A 0 11,612 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Oppenheimer Convertible Securities
Fund(7)(21) 6,000,000 0 1.11% N/A 0 122,239 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Oxford, Lord Abbett & Co.(11) 1,775,000 0 * N/A 0 36,162 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
OZ Convertible Master Fund, Ltd.(37) 0 459,000 N/A * 0 9,351 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
OZ MAC 13 Ltd.(37) 0 85,000 N/A * 0 1,731 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
OZ Master Fund, Ltd.(37) 0 5,883,000 N/A 1.96% 0 119,855 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Peoples Benefit Life Insurance Company
Teamsters(16) 5,000,000 0 * N/A 0 101,866 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Phoenix Lord Abbett Bond Debenture
Fund(11) 75,000 0 * N/A 0 1,527 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Policeman and Fireman Retirement System
of the City of Detroit(4) 670,000 0 * N/A 0 13,650 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Polygon Global Opportunities Master
Fund(48) 15,500,000 0 2.87% N/A 0 315,784 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
President & Fellows of Harvard
College(49) 0 10,000,000 N/A 3.33% 8,507 203,732 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Primerica Life Insurance Company (7)(70) 230,000 0 * N/A 0 4,685 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Privilege Portfolio Sicav (8) 0 3,000,000 N/A 1.00% 0 61,119 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Pro-mutual(4) 901,000 0 * N/A 0 18,356 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Putnam Convertible Income - Growth
Fund(7)(50) 7,300,000 0 1.35% N/A 0 148,724 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
PRINCIPAL AMOUNT OF PERCENTAGE NUMBER OF NUMBER OF PERCENTAGE OF
SHARES OF
COMMON SHARES OF
STOCK COMMON
OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Pyramid Equity Strategies Fund(31) 1,200,000 0 * N/A 0 24,447 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Radian Asset Assurance, Inc.(11) 2,025,000 0 * N/A 0 41,255 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Radian Group Convertible Securities(11) 1,175,000 0 * N/A 0 23,938 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Radian Guaranty(11) 4,225,000 0 * N/A 0 86,076 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Ramius Partners II, LP (7)(59) 0 250,000 N/A * 0 5,093 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
RBC Alternative Assets L.P.(7)(53) 100,000 0 * N/A 11,590 2,037 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
RCG Latitude Master Fund, LTD (7)(59) 0 4,250,000 N/A 1.42% 0 86,586 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
RCG Multi Strategy Master Fund,
LTD (7)(59) 0 1,500,000 N/A * 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Retail Clerks Pension Trust(16) 2,000,000 0 * N/A 0 40,746 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Retail Clerks Pension Trust #2(16) 1,000,000 0 * N/A 0 20,373 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Royal Bank of Canada(7)(51) 4,000,000 0 * N/A 5,320 81,492 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
S.A.C. Capital Associates, LLC(52) 0 2,000,000 N/A * 131,000 40,746 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Sage Capital(53) 3,900,000 0 * N/A 0 79,455 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Silver Convertible Arbitrage Fund, LDC
c/o Argent(12) 1,200,000 1,200,000 * * 0 48,894 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Silvercreek II Limited(47) 1,345,000 0 * N/A 0 27,401 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Silvercreek Limited Partnership(47) 2,595,000 0 * N/A 0 52,868 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Singlehedge U.S. Convertible Arbitrage
Fund(23) 1,045,000 0 * N/A 0 21,289 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
St. Albans Partners Ltd.(16) 5,000,000 0 * N/A 0 101,866 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
St. Thomas Trading, Ltd.(7)(43) 0 25,418,000 N/A 8.47% 0 517,845 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Standard Fire Insurance Company(72) 441,000 0 * N/A 0 8,984 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
State of Maryland Retirement Agency(4) 3,843,000 0 * N/A 0 78,294 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Sturgeon Limited(23) 534,000 0 * N/A 0 10,879 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Sunrise Partners Limited
Partnership(7)(54) 20,500,000 11,500,000 3.80% 3.83% 8,400 651,941 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Tag Associates(4) 141,000 0 * N/A 0 2,872 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
TCW Group Inc.(65) 6,960,000 0 1.29% N/A 0 141,797 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
TD Securities (USA) Inc.(14) 27,650,000 0 5.12% N/A 0 563,318 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Teacher's Insurance & Annuity
Association of America(55) 0 14,000,000 N/A 4.67% 0 285,224 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
The Travelers Insurance
Company--Life(7)(70) 1,618,000 0 * N/A 0 32,963 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
The Travelers Life and Annuity
Company(7)(70) 118,000 0 * N/A 0 2,404 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
The Grable Foundation(4) 96,000 0 * N/A 0 1,955 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Travelers Casualty Insurance Company of
America(72) 583,000 0 * N/A 0 11,877 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Travelers Insurance Company Separate
Account TLAC(7)(70) 46,000 0 * N/A 0 937 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Travelers Series Trust Convertible Bond
Portfolio(71) 500,000 0 * N/A 0 10,186 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Total Fina Elf Finance USA, Inc.(11) 275,000 0 * N/A 0 5,602 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Tredia Performance Fund Ltd.(12) 200,000 200,000 * * 0 8,148 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Tribeca Investments L.T.D.(56) 0 8,500,000 N/A 2.83% 0 173,172 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
PRINCIPAL AMOUNT OF PERCENTAGE NUMBER OF NUMBER OF PERCENTAGE OF
SHARES OF
COMMON SHARES OF
STOCK COMMON
OF OWNED STOCK COMMON
DEBENTURES BENEFICIALLY DEBENTURES PRIOR TO THAT MAY STOCK
OWNED THAT MAY BE SOLD OUTSTANDING OFFERING(1) BE SOLD(2) OUTSTANDING(3)
----------------------------------------- -------------------------- -------------------- ------------- ------------ ---------------
NAME OF SELLING SECURITY HOLDER SERIES A SERIES B SERIES A SERIES B
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Triborough Partners International 5,020,000 0 * N/A 0 102,273 *
Ltd.(57)
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Triborough Partners LLC(57) 1,980,000 0 * N/A 0 40,338 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Trustmark Insurance(4) 405,000 0 * N/A 0 8,251 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
United Overseas Bank Convertible Bond
(SGD)(5) 240,000 0 * N/A 0 4,889 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
United Overseas Bank Convertible Bond
(USD)(5) 110,000 0 * N/A 0 2,241 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Wachovia Securities International
LTD(14) 13,500,000 0 2.50% N/A 0 275,038 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
White River Securities L.L.C.(14)(17) 0 8,000,000 N/A 2.67% 0 162,985 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Worldwide Transactions Ltd.(58) 0 179,000 N/A * 2,845 3,646 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Xavex Convertible Arbitrage 10 Fund(12) 1,100,000 900,000 * * 0 40,745 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Xavex Convertible Arbitrage 5 Fund (59) 0 750,000 N/A * 0 15,279 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Xavex Convertible Arbitrage 2 Fund(12) 700,000 800,000 * * 0 30,559 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Yield Strategies Fund I, L.P.(16) 3,250,000 0 * N/A 0 66,212 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
Yield Strategies Fund II, L.P.(16) 3,500,000 0 * N/A 0 71,306 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
All other holders of debentures or
future transferees, pledgees or donees
of such holders(60)(61) 12,462,000 10,070,000 2.31% 3.36% 459,153 *
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
TOTAL 540,000,000 300,000,000 100.00% 100.00% 483,591 17,113,488 17.25%
----------------------------------------- ------------- ------------ ---------- --------- ------------- ------------ ---------------
---------------
* Less than one percent
N/A Not applicable
(1) Does not include shares of common stock issuable upon conversion of the
debentures.
(2) Consists of shares of common stock issuable upon conversion of the
debentures, assuming a conversion rate of 20.3732 shares per $1,000
principal amount of the debentures and a cash payment in lieu of any
fractional share interest. The conversion rate is subject to adjustment as
described under "Description of the Series A Debentures--Conversion Rights"
and "Description of the Series B Debentures--Conversion Rights."
Accordingly, the number of shares of common stock issuable upon conversion
of the debentures may increase or decrease from time to time.
(3) Calculated based on Rule 13d-3(d)(1) under the Securities Exchange Act of
1934, as amended, using 84,420,222 shares of common stock outstanding on
April 30, 2004. In calculating this amount, we treated as outstanding the
number of shares of common stock issuable upon conversion of the debentures
by the applicable holder. However, we did not assume the conversion of any
other holder's debentures.
(4) Paul Leutronica, the Vice President of Advent Capital Management LLC has
the power to direct the disposition of the selling security holder's
convertible debentures.
(5) Don Morgan, Senior Managing Director and Portfolio Manager, employed by
MacKay Shields LLC, a registered investment adviser, has the power to
direct the disposition of the convertible debentures beneficially owned by
these selling security holders. Mainstay Convertible Fund, Mainstay VP
Convertible Fund, New York Life Insurance Company (Post 82), New York Life
Insurance Company (Pre 82) and New York Life Separate A/C #7 are under
common control with a broker-dealer. New York Life Insurance Company is the
ultimate parent of each of these broker-dealer affiliates, as well as two
broker-dealers, New York Life Securities and New York Life Distributors.
(6) AG Domestic Convertibles, L.P. and AG Offshore Convertibles, LTD are
private funds managed by an affiliated broker-dealer, Angelo Gordon & Co.,
L.P. Michael Gordon, the Chief Operating Officer of Angelo Gordon & Co.,
L.P. has the power to direct the disposition of the convertible debentures
beneficially owned by these selling security holders.
(7) Selling security holder is an affiliate of a broker-dealer. Each affiliate
has represented to DST that it acquired its convertible debentures in the
ordinary course of business and at the time of the purchase of its
convertible debentures such selling security holder had no plans or
proposals, directly or with any other person to distribute the convertible
debentures.
(8) These selling security holders are all registered investment advisers.
David Clott, portfolio manager, has the power to direct the disposition of
the convertible debentures beneficially owned by CGNU Life Fund, Commercial
Union Life Fund, Norwich Union Life & Pensions and Privilege Portfolio
Sicav.
(9) David Goacher has the power to direct the disposition of the convertible
debentures beneficially owned by Allstate Insurance Company and Allstate
Life Insurance Company.
(10) Thomas J. Ray, President and Chief Investment Officer of Inflective Asset
Management, LLC, has the power to direct the disposition of the convertible
debentures beneficially owned by American Investors Life, Dodeca Fund, L.P.
and Inflective Convertible Opportunity Fund I, L.P.
(11) Marin Lindstrom of the Lord Abbett Convertible Management Team has the
power to direct the disposition of the convertible debentures beneficially
owned by these selling security holders.
(12) Nathanial Brown and Robert Richardson of Argent Management Company, LLC
have the power to direct the disposition of the convertible debentures
beneficially owned by Argent Classic Convertible Arbitrage Fund L.P.,
Argent Classic Convertible Arbitrage Fund II, LP, Argent LowLev Convertible
Arbitrage Fund LLC, Argent LowLev Convertible Arbitrage Fund II, LLC,
Custom Investments PCC, Ltd., HFR CA Global Select Master Trust Account and
Lyxor Master Fund Ref: Argent/LowLev CB c/o Argent. Nathanial Brown and
Robert Richardson of Argent International Management Company, LLC have the
power to direct the disposition of the convertible debentures beneficially
owned by Class C Trading Company, Ltd., Silver Convertible Arbitrage Fund,
LDC c/o Argent, Tredia Performance Fund, Ltd., Xavex Convertible Arbitrage
2 Fund and Xavex Convertible Arbitrage 10 Fund.
(13) Nathanial Brown and Robert Richardson of Argent Financial Group (Bermuda),
Ltd. have the power to direct the disposition of the convertible debentures
beneficially owned by Argent Classic Convertible Arbitrage Fund (Bermuda)
Ltd. and Argent LowLev Convertible Arbitrage Fund Ltd.
(14) Selling security holder is a broker-dealer and is deemed to be an
underwriter.
(15) Steve Wilson, as power of attorney for Credit Lyonnais, SA, has the power
to direct the disposition of the convertible debentures beneficially owned
by the selling security holder. Credit Lyonnais, SA is the parent entity of
Credit Lyonnais Securities (USA), Inc., a registered broker-dealer.
(16) John Wagner, portfolio manager at Camden Asset Management, has the power to
direct the disposition of the convertible debentures beneficially owned by
these selling security holders.
(17) Yan Erlikh and David Liebowitz, Senior Managing Directors of Bear Stearns &
Co., Inc. have the power to direct the disposition of the convertible
debentures held by Bear Stearns & Co., Inc. Yan Erlikh and David Liebowitz,
Co-Chief Executive Officers of White River Securities L.L.C. have the power
to direct the disposition of the convertible debentures held by White River
Securities L.L.C.
(18) Clint D. Carlson has the power to direct the disposition of the convertible
debentures beneficially owned by these selling security holders.
(19) Dan Azzi has the power to direct the disposition of the convertible
debentures beneficially owned by DBAG London. DBAG London is a subsidiary
of the affiliated broker-dealer.
(20) James White and Edward Lees, managing partners of Excelsior Capital
Management, the investment adviser to Excelsior Master Fund L.P., have the
power to direct the disposition of the convertible debentures beneficially
owned by Excelsior Master Fund L.P.
(21) The selling security holder is a registered investment company. Ted
Everett, a portfolio manager employed by Oppenheimer Funds, Inc., has the
power to direct the disposition of the convertible debentures beneficially
owned by the selling security holder. The general distributor of the
selling security holder's shares is Oppenheimer Funds Distributor, Inc., a
registered broker-dealer.
(22) Mike Kohen, Vice President of Equity Derivatives Convertible Trading at BNP
Paribas Securities Corp., an affiliated broker-dealer of the selling
security holder, has the power to direct the disposition of the convertible
debentures beneficially owned by BNP Paribas Arbitrage.
(23) Christian Menestrier, Chief Executive Officer of CooperNeff Advisors, Inc.,
has the power to direct the disposition of the convertible debentures held
by BNP Paribas Equity Strategies SNC, CooperNeff Convertible Strategies
(Cayman) Master Fund, L.P., Lyxor/Convertible Arbitrage Fund Limited,
Singlehedge U.S. Convertible Arbitrage Fund and Sturgeon Limited.
(24) Joseph Venn, Tom Birkett and Evan Jones of Canadian Imperial Holding, Inc.
have the power to direct the disposition of the convertible debentures
beneficially owned. Canadian Imperial Holding, Inc. is an affiliate of CIBC
World Markets Corp., a registered broker-dealer.
(25) Citadel Limited Partnership ("Citadel") is the trading manager of these
selling security holders and consequently has investment discretion over
securities held by these selling security holders. Kenneth G. Griffin
indirectly controls Citadel and therefore has ultimate investment
discretion over securities held by these selling security holders. Citadel
and Mr. Griffin disclaim beneficial ownership of the convertible debentures
held by these selling security holders. The affiliated broker-dealers are
under common control with these selling security holders and one affiliated
broker-dealer is directly owned by Citadel Equity Fund.
(26) Citigroup Global Markets Inc. was an initial purchaser of 25% of each of
the Series A debentures and Series B debentures in the private placement of
these securities.
(27) Robert Krail, Mark Mitchell and Todd Pulvino, the principals of CNH
Partners LLC, the investment adviser to CNH CA Master Account, L.P., have
the power to direct the disposition of the convertible debentures
beneficially owned by CNH CA Master Account, L.P.
(28) Scott Schaefer of Continental Insurance Company has the power to direct the
disposition of the convertible debentures beneficially owned by these
selling security holders. Continental Insurance Company manages these
accounts and is affiliated with CNA Investor Services, Inc., a limited
purpose broker-dealer.
(29) Ed Cassens and Yanfang C. Yan of Bank of America Capital Management LLC
have the power to direct the disposition of the convertible debentures
beneficially owned by these selling security holders.
(30) Paul Casey and Ali Khoram of CQS Management Limited have the power to
direct the disposition of the convertible debentures beneficially owned by
this selling security holder.
(31) Eric Lobben of Deutsche Bank & Trust Co. of America has the power to direct
the disposition of the convertible debentures beneficially owned by these
selling security holders.
(32) Fidelity Financial Trust: Fidelity Convertible Securities Fund and Fidelity
Financial Trust: Fidelity Strategic Dividend of Income Fund are registered
investment companies. Victor Thay, portfolio manager for Fidelity
Management & Research Company which serves as investment advisor to these
selling security holders, has the power to direct the disposition of the
convertible debentures owned by these selling security holders. The
affiliated broker-dealer is under common control with these selling
security holders.
(33) David Egglishaw, the controlling person of Fore Opportunity Star Trust, has
the power to direct the disposition of the convertible debentures
beneficially owned by Fore Convertible Master Fund, LP.
(34) James F. O'Brien, Jr., the President of Promethean Asset Management, LLC
which serves as investment manager to Gaia Offshore Master Fund, Ltd. and
trading advisor for Lyxor/Gaia II Fund Ltd., has the power to direct the
disposition of the convertible debentures beneficially owned by these
selling security holders.
(35) Vincent Gubitosi, portfolio manager, has the power to direct the
disposition of the convertible debentures beneficially owned by Geode U.S.
Convertible Arbitrage Fund.
(36) Mike Frey and John Brandenbourg, general partners of the selling security
holders, have the power to direct the disposition of the convertible
debentures beneficially owned by these selling security holders.
(37) Daniel S. Och, Senior Managing Member of OZ Management, LLC, the investment
manager to these selling security holders, has the power to direct the
disposition of the convertible debentures beneficially owned by these
selling security holders. Goldman Sachs & Co. Profit Sharing Master Trust
is a defined benefit plan of a broker-dealer.
(38) Certain affiliates of Guggenheim Advisors, the controlling shareholder of
Guggenheim Portfolio Company VIII (Cayman), Ltd. are broker-dealers. Loren
Katzovitz, Patrick Heynes and Kevin Felix of Guggenheim Advisors have the
power to direct the disposition of the convertible debentures beneficially
owned by the selling securityholder.
(39) Glen N. Dubin and Henry Swieca of Highbridge Capital Management, an
affiliated broker dealer which manages Highbridge International LLC, have
the power to direct the disposition of the convertible debentures
beneficially owned by Highbridge International LLC.
(40) Jonathan M. Glaser, the Executive Officer and Director of JMG Capital
Management, Inc., which together with Asset Alliance Holding Corp. owns the
equity interests of JMG Capital Management, LLC, a registered investment
adviser and the general partner of JMG Capital Partners, L.P., has the
power to direct the disposition of the convertible debentures beneficially
owned by JMG Capital Partners, L.P.
(41) Jonathan M. Glaser and Roger Richter, who own equity interests in a company
holding equity interests in Pacific Assets Management LLC, a registered
investment adviser and the investment manager to JMG Triton Offshore Fund,
Ltd., have the power to direct the disposition of the convertible
debentures beneficially owned by JMG Triton Offshore Fund, Ltd.
(42) D. Bruce McMahon, President and Chief Executive Officer of McMahon
Securities Co. L.P. has the power to direct the disposition of the
convertible debentures beneficially owned by McMahon Securities Co. L.P.
(43) John Null and J.T. Hansen, Principals of Marin Capital Partners, LP have
the power to direct the disposition of the convertible debentures
beneficially owned by these selling security holders. St. Thomas Trading,
Ltd. is under common ownership with Tiburon Fund Trading, LLC which is
currently an inactive broker-dealer.
(44) Michael Collins has the power to direct the disposition of the convertible
debentures beneficially owned by ManMac 1 Limited. Mr. Collins controls the
shareholder of Albany Management Company, which owns 75% of the manager
shares of Man-Diversified Fund II Ltd. Man-Diversified Fund II Ltd. has
been identified as the controlling entity of ManMac 1 Limited.
(45) Morgan Stanley Convertible Securities Trust is a registered investment
company. Ellen Gold at Morgan Stanley Advisors has the power to direct the
disposition of the convertible debentures beneficially owned by the selling
security holder. Morgan Stanley Advisors manages the fund and is 100% owned
by Morgan Stanley.
(46) Robin Shah and Alexander Robinson have the power to direct the disposition
of the convertible debentures beneficially owned by the selling security
holder. National Bank of Canada is the parent of the affiliated
broker-dealer (Putnam).
(47) Louise Morwick, President of Silvercreek Management Inc. and portfolio
manager, has the power to direct the disposition of the convertible
debentures beneficially owned by these selling security holders.
(48) The Board of Directors of Polygon Global Opportunities Master Fund, Alex
Jackson, Byron Krief, Brandon Jones, Erik Jones, Greville Ward and Reade
Griffith, have the power to direct the disposition of the convertible
debentures beneficially owned by the selling security holder.
(49) Harvard Management Company, a wholly owned subsidiary of the selling
security holder, has investment authority over the securities held by the
selling security holder pursuant to an investment agreement. The following
individuals have the power to direct the disposition of the convertible
debentures beneficially owned by the selling security holder: D. Ronald
Daniel, Jack R. Meyer, Steven A. Alperin, Edward V. De Noble, Peter F.
Dolan, Nancy Anne Donohue, Jeffrey B. Larson, Stephen T. McSweeney, David
R. Mittelman, Stuart D. Porter, Maurice R. Samuels, David W. Scudder, Gary
F. Snerson, Craig A. Szeman, Kevin J. Tunick and Andrew G. Wiltshire.
(50) The selling security holder is a registered investment company. It is owned
by the same controlling entity as the affiliated broker-dealer.
(51) Jeffrey Eichenberg has the power to direct the disposition of the
convertible debentures beneficially owned by the selling security holder.
The selling security holder is the parent of the affiliated broker-dealer.
(52) Pursuant to investment agreements, each of S.A.C. Capital Advisors, LLC and
S.A.C. Capital Management, LLC share investment power with respect to the
securities beneficially owned by the selling security holder. Steven A.
Cohen controls both S.A.C. Capital Advisors, LLC and S.A.C. Capital
Management, LLC.
(53) Peter DeLisser has the power to direct the disposition of the convertible
debentures beneficially owned by these selling security holders. RBC
Alternative Assets L.P. is owned by the same controlling entity as the
affiliated broker-dealer. Sage Capital is a registered investment adviser.
(54) Donald Sussman, principal of Dawn General Partner Corp., which is the
general partner of the selling security holder, has the power to direct the
disposition of the convertible debentures beneficially owned by the selling
security holder. The selling security holder is a registered investment
adviser and is the parent company of the affiliated broker-dealer, Paloma
Securities LLC.
(55) The selling security holder is a registered investment company.
(56) Craig Janis at Tribeca Management LLC has the power to direct the
disposition of the convertible debentures beneficially owned by the selling
security holder. The selling security holder is a registered investment
company.
(57) Paul Berkman of Paul Berkman & Co. LLC has the power to direct the
disposition of the convertible debentures beneficially owned by these
selling security holders.
(58) Clint D. Carlson, the director of Carlson Capital, the investment adviser
to the selling security holder, has the power to direct the disposition of
the convertible debentures beneficially owned by the selling security
holder.
(59) Alex Adair, portfolio manager with Ramius Capital Group, LLC, has the power
to direct the disposition of the convertible debentures beneficially owned
by these selling security holders. Ramius Partners II, LP, RCG Multi
Strategy Master Fund, LTD and RCG Latitude Master Fund, LTD are owned by
the same controlling entity as the affiliated broker-dealer.
(60) Holders in this unnamed group may only use the registration statement after
a post-effective amendment has been filed and declared effective that
identifies the holder and provides the required information. Transferees,
successors and donees of identified selling security holders who acquire
after the effective date of the registration statement may be named by
prospectus supplement. However, transferees, successors and donees from
unidentified and unnamed holders who acquire prior to the effective date of
the registration statement must be named by a pre-effective amendment.
(61) Assumes that the unnamed holders of debentures or any future transferees,
pledgees or donees of or from any such unnamed holder do not beneficially
own any common stock other than the common stock issuable upon conversion
of the debentures at the initial conversion rate. As unnamed holders are
identified, we will disclose whether such holders beneficially own any of
our common stock other than the common stock issuable upon conversion of
the debentures at the initial conversion rate.
(62) Howard Needle and David Harris, managing members of Acuity Capital Advisors
LLC, have the power to direct the disposition of the convertible debentures
beneficially owned by the selling security holder.
(63) Kirk Kim, investment officer, has the power to direct the disposition of
the convertible debentures beneficially owned by this selling security
holder.
(64) IDEX - Transamerica Convertible Securities Fund is a registered investment
adviser. Kirk Kim, investment officer, has the power to direct the
disposition of the convertible debentures beneficially owned by the selling
security holder.
(65) The selling security holder is a registered investment adviser and
registered investment company. Tom Lyon at TCW Group Inc. has the power to
direct the disposition of the convertible debentures beneficially owned by
the selling security holder.
(66) Etan Zellner and Jeremy Benkiewicz have the power to direct the disposition
of the convertible debentures beneficially owned by the selling security
holder. The selling security holder is the parent of the affiliated
broker-dealer, Deutsche Bank Securities Inc.
(67) Ann Houlihan, Chief Administrative Officer of Froley Revy Investment
Company, Inc., the investment adviser to Arkansas PERS and Duke Endowment,
has the power to direct the disposition of the convertible debentures
beneficially owned by these selling security holders.
(68) Donald Ewen, portfolio manager for Caxton Europe Asset Management Limited,
has the power to direct the disposition of the convertible debentures
beneficially owned by the selling security holder. Caxton International
Limited is a shareholder of a proprietary broker-dealer.
(69) Chrisptopher Golembiewski, convertible bonds trader, Brian Kelly, head of
convertible bond trading, and Paul Shottes, trader, share the power to
direct the disposition of the convertible debentures. The selling security
holder is the parent of an affiliated broker-dealer, Commerzbank Capital
Markets Corp.
(70) David A. Tyson, Senior Vice President, and Robert Simmons, Vice President
and Security Trader, have the power to direct the disposition of the
convertible debentures beneficially owned by these selling security
holders. National Benefit Life Insurance Company, Primerica Life Insurance
Company, Travelers Insurance Company Separate Account TLAC, Travelers
Insurance Company--Life, and Travelers Life and Annuity Company are owned
by the same controlling entity as Citigroup Global Markets, the affiliated
broker-dealer.
(71) Travelers Series Trust Convertible Bond Portfolio is a registered
investment company. David A. Tyson, Senior Vice President, and Robert
Simmons, Vice President and Security Trader, have the power to direct the
disposition of the convertible debentures beneficially owned by the selling
security holder.
(72) Rob McIlrath, Vice President of St. Paul Fire and Marine Insurance Company,
which serves as investment manager to Standard Fire Insurance Company and
Travelers Casualty Insurance Company of America, has the power to direct
the disposition of the convertible debentures beneficially owned by these
selling security holders.
The preceding table has been prepared based upon the information furnished
to us by the selling security holders. The selling security holders identified
above may have sold, transferred or otherwise disposed of some or all of their
debentures since the date on which the information in the preceding table is
presented in transactions exempt from or not subject to the registration
requirements of the Securities Act of 1933. Information concerning the selling
security holders may change from time to time and, if necessary, upon receipt of
updated information, we will supplement this prospectus or file a pre-effective
or post-effective amendment, as applicable, accordingly. Unnamed holders of
debentures may only use the registration statement after a post-effective
amendment has been filed and declared effective that identifies the holder and
provides the required information. We cannot give an estimate as to the amount
of the debentures or common stock issuable upon conversion thereof that will be
held by the selling security holders upon the termination of this offering
because the selling security holders may offer some or all of their debentures
or common stock pursuant to the offering contemplated by this prospectus. See
"Plan of Distribution."
To our knowledge, other than their ownership of the securities described
above, and except as otherwise indicated above, none of the selling security
holders has, or has had within the past three years, any position, office or
other material relationship with us or any of our predecessors or affiliates.
To our knowledge, except as otherwise indicated above, the selling security
holders are not registered broker-dealers or affiliates of broker-dealers.