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In re Shoretel

March 23, 2009

IN RE SHORETEL, INC. SECURITIES LITIGATION


The opinion of the court was delivered by: The Honorable Charles R. Breyer United States District Court Judge

STIPULATION AND [PROPOSED] ORDER EXTENDING TIME FOR DEFENDANTS TO RESPOND TO SECOND AMENDED CONSOLIDATED CLASS ACTION COMPLAINT

This Document Relates To:

ALL ACTIONS.

WHEREAS, on March 2, 2009, Plaintiffs Loren Swanson and Art Landesman (collectively, "Plaintiffs") filed their Second Amended Consolidated Class Action Complaint (the "SACC") against Defendants ShoreTel, Inc. ("ShoreTel"); John W. Combs, Michael E. Healy, Edwin J. Basart, Gary J. Daichendt, Thomas Van Overbeek, Kenneth D. Denman, Charles D. Kissner, and Edward Thompson (the "Individual Defendants"); and Lehman Brothers Inc. and J.P. Morgan Securities (the "Underwriter Defendants") (collectively, "Defendants");

WHEREAS, absent an extension Defendants' deadline for responding to the SACC is March 19, 2009;

WHEREAS, this action is now stayed as to Lehman Brothers Inc. as a result of its liquidation under the Securities Investor Protection Act;

WHEREAS, the remaining parties have discussed and agreed to extend Defendants' deadline for responding to the SACC by 60 days from the date it was filed;

ACCORDINGLY, the parties, by and through their counsel of record, hereby stipulate that the deadline for Defendants to respond to the SACC is May 1, 2009.

IT IS SO STIPULATED.

Dated: March 13, 2009 FENWICK & WEST LLP Jennifer L. Kelly Attorneys for Defendants ShoreTel, Inc.; John W. Combs; Michael E. Healy; Edwin J. Basart; Gary J. Daichendt; Thomas Van Overbeek; Kenneth D. Denman; Charles D. Kissner; and Edward F. Thompson

Dated: March 13, 2009 BINGHAM MCCUTCHEN LLP Charlene S. Shimada Attorneys for Defendant J.P. Morgan Securities Inc.

Dated: March 13, 2009 HAGENS BERMAN SOBOL SHAPIRO LLP Peter E. Borkon Attorneys for Lead Plaintiffs and the Class

IT IS SO ORDERED

ATTESTATION PURSUANT TO ...


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