X0202 4 2005-06-02 0000320121 TELOS CORP TLSRP 0001319503 Siegel Andrew R C/O COSTA BRAVA PARTNERSHIP III, LP 237 PARK AVENUE, SUITE 800 NEW YORK NY 10017 0 0 1 0 0001319558 White Bay Capital Management LLC C/O COSTA BRAVA PARTNERSHIP III, LP 237 PARK AVENUE, SUITE 800 NEW YORK NY 10017 0 0 1 0 0001071036 HAMOT SETH W C/O ROARK, REARDEN & HAMOT, LLC 420 BOYLSTON STREET, 5F BOSTON MA 02116 0 0 1 0 0001319943 Roark, Rearden & Hamot LLC 420 BOYLSTON STREET, 5F BOSTON MA 02116 0 0 1 0 0001319959 Costa Brava Partnership III LP 420 BOYLSTON STREET, 5F BOSTON MA 02116 0 0 1 0 12% Cumulative Exchangeable Redeemable Preferred Stock 2005-06-02 4 P 0 70000 7.85 A 506811 I See Footnote 12% Cumulative Exchangeable Redeemable Preferred Stock 14476 D Beneficial ownership is disclaimed by Seth Hamot, Roark, Rearden & Hamot, LLC, White Bay Capital Management, LLC and Andrew R. Siegel. The shares are owned by Costa Brava Partnership III, LP. Roark, Rearden & Hamot, LLC is the sole general partner of Costa Brava Partnership III, LP and Seth Hamot is the sole member and manager of Roark, Rearden & Hamot, LLC. Pursuant to a memorandum of understanding between White Bay Capital Management, LLC and Roark, Rearden & Hamot, LLC, White Bay Capital Management, LLC has the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of, the shares owned by Costa Brava Partnership III, LP. Mr. Siegel is the sole member and manager of White Bay Capital Management, LLC. White Bay Capital Management disclaims beneficial ownership. Costa Brava Partnership III, LP, Roark, Rearden & Hamot, LLC and Seth Hamot have no beneficial ownership in these shares. ANDREW R. SIEGEL, individually and as manager of White Bay Capital Management, LLC. 2005-06-03 SETH W. HAMOT, individually and as manager of Roark, Rearden & Hamot, LLC, on its own behalf and as General Partner on behalf of Costa Brava Partnership III, LP 2005-06-03