X0202 3/A 2006-07-20 2006-07-31 0 0000790705 TEKELEC TKLC 0001137521 GLENHILL ADVISORS LLC 598 MADISON AVE, 12TH FLOOR NEW YORK NY 10022 0 0 1 0 0001137522 GLENHILL CAPITAL MANAGEMENT LLC X1 0 0 1 0 0001164754 GLENHILL OVERSEAS MANAGEMENT LLC X1 0 0 1 0 0001137373 GLENHILL CAPITAL LP X1 0 0 1 0 0001300984 Glenhill Capital Overseas GP, Ltd. X1 0 0 1 0 0001300986 Glenhill Capital Overseas Master Fund, L.P. X1 0 0 1 0 0001159120 KREVLIN GLENN J X1 0 0 1 0 0001319290 Glenhill Concentrated Long Master Fund, LLC X1 0 0 1 0 Common Stock, no par value 5951700 I By Glenhill Capital LP Common Stock, no par value 400000 I By Glenhill Concentrated Long Master Fund LLC Common Stock, no par value 2548300 I By Glenhill Capital Overseas Master Fund, L.P. This amendment corrects Box 6 above to conform to the fact that this form was filed by more than one reporting person. All information included in this amendment is identical to the information in the form as originally filed on July 31, 2006. Includes shares owned directly by Glenhill Capital LP, Glenhill Concentrated Long Master Fund LLC and Glenhill Capital Overseas Master Fund, L.P. Glenhill Capital LP beneficially owns 5,951,700 shares of Common Stock. As the general partner of Glenhill Capital LP, Glenhill Capital Management, LLC may be deemed to beneficially own the 5,951,700 shares of Common Stock beneficially owned by Glenhill Capital LP. Glenhill Concentrated Long Master Fund LLC beneficially owns 400,000 shares of Common Stock. As the managing member of Glenhill Concentrated Long Master Fund, LLC, Glenhill Capital Management, LLC may be deemed to beneficially own the 400,000 shares of Common Stock beneficially owned by Glenhill Concentrated Long Master Fund LLC. (Continuation of Footnote 2) Glenhill Capital Overseas Master Fund L.P. beneficially owns 2,548,300 shares of Common Stock. As general partner of Glenhill Capital Overseas Master Fund L.P., Glenhill Capital Overseas GP, Ltd. may be deemed to beneficially own the 2,548,300 shares of Common stock beneficially owned by Glenhill Capital Overseas Master Fund L.P. As the investment advisor to Glenhill Capital Overseas Master Fund L.P., Glenhill Overseas Management, LLC may also be deemed to beneficially own the 2,548,300 shares of Common Stock owned by Glenhill Capital Overseas Master Fund L.P. (Continuation of Footnote 3) As the Managing Member of Glenhill Overseas Management, LLC and Glenhill Capital Management, LLC, Glenhill Advisors, LLC may be deemed to beneficially own the 5,951,700 shares of Common Stock beneficially owned by Glenhill Capital LP, the 400,000 shares of Common Stock beneficially owned by Glenhill Concentrated Long Master Fund LLC and the 2,548,300 shares of Common Stock owned by Glenhill Capital Overseas Master Fund, L.P. Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. /s/ Glenn J. Krevlin, Managing Member of Glenhill Advisors, LLC 2006-07-31