To: who cares? who wrote (9163 ) 2/20/2002 10:31:53 AM From: Sir Auric Goldfinger Read Replies (2) | Respond to of 19428 INTL: Now why would Greg Somers who supposedly bot Intertel.net have shares of INTL and be selling them?!? He should be owing them, right?? SELLING SHAREHOLDERS The following table sets forth as of the date of this prospectus, the name of each of the selling shareholders, the number of shares of Common Stock that each selling shareholder owns, the number of shares of Common Stock owned by each selling shareholder that may be offered for sale from time to time by this prospectus, and the number of shares of Common Stock to be held by each selling shareholder assuming the sale of all the Common Stock offered hereby. Some of the selling shareholders may distribute their shares, from time to time, to their limited and/or general partners, who may sell shares pursuant to this prospectus. Each selling shareholder may also transfer shares owned by him by gift, and upon any such transfer the donee would have the same right of sale as the selling shareholder. The shares being offered by the selling shareholders were acquired in connection with the acquisition of Intercomm Americas, Inc., a Delaware corporation, by the Company's Inter-Tel.NET subsidiary, effected in March 2000 and the subsequent exercise of an option to convert their Inter-Tel.Net share into Inter-Tel shares. We may amend or supplement this prospectus from time to time to update the disclosure set forth herein. <TABLE> <CAPTION> SHARES BENEFICIALLY OWNED SHARES BENEFICIALLY OWNED PRIOR TO OFFERING (1) AFTER OFFERING ------------------------- NUMBER OF SHARES ------------------------- NAME OF SELLING STOCKHOLDER NUMBER PERCENT BEING OFFERED NUMBER PERCENT --------------------------- -------- ------- ---------------- ------ ------- <S> <C> <C> <C> <C> <C> Greg Somers................ 153,617 * 153,617 0 * Humberto Galvan............ 153,617 * 153,617 0 * Mark Mohr.................. 153,617 * 153,617 0 * -------- -------- Total 460,851 460,851 ======== ======== </TABLE> ---------- * Less than 1% (1) Based on 24,071,035 shares outstanding as of September 30, 2001.