MACKENZIE PARTNERS, INC.
156 FIFTH AVENUE
NEW YORK, NEW YORK 10010
OFFER TO PURCHASE FOR CASH UP TO 1,200,000 SHARES OF ITS
COMMON STOCK, PAR VALUE $0.30 PER SHARE,
AT A PURCHASE PRICE OF $3.00 PER SHARE
May 9, 2001
THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE
12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JUNE 6, 2001,
UNLESS THE TENDER OFFER IS EXTENDED.
To Brokers, Dealers, Commercial Banks,
Trust Companies and Other Nominees:
Team, Inc., a Texas corporation, has appointed us to act as the Information Agent in connection with its offer to
purchase for cash, up to 1,200,000 shares of its common stock, par value $0.30 per share, at the price of $3.00
per share, net to the seller in cash, without interest, under the terms and conditions set forth in its Offer to
Purchase dated May 9, 2001, and in the related Letter of Transmittal which together present the tender offer.
All shares properly tendered before the expiration date (as defined in
Section 1 of the Offer to Purchase), and not properly withdrawn, will be purchased by Team at the purchase
price, net to the seller in cash, without interest, under the terms and conditions of the tender offer, including the
odd lot and proration provisions thereof. See Section 1 of the Offer to Purchase.
Shares not purchased because of proration will be returned at Team's expense to the stockholders who tendered
such shares as promptly as practicable after the expiration date.
Team reserves the right, in its sole discretion, to purchase more than 1,200,000 shares under the tender offer,
subject to applicable law.
If, at the expiration date, more than 1,200,000 shares, or such greater number of shares as Team may elect to
purchase in accordance with applicable law, are properly tendered and not properly withdrawn, Team will, under
the terms and conditions of the tender offer, accept shares for purchase first from "odd lot holders" (as defined in
Section 1 of the Offer to