<PAGE>
PROSPECTUS SUPPLEMENT DATED DECEMBER 1, 1998
(TO PROSPECTUS DATED OCTOBER 23, 1998)
2,905,493 SHARES
TELETECH HOLDINGS, INC.
COMMON STOCK
The table on page 11 of this Prospectus under the heading "Selling
Stockholders" is amended to (i) delete all references, in the table and in the
footnotes to the table, to Mark L. Schroeder, David P. Stirts, Michael Willis,
1245966 Ontario Inc. and 3345394 Canada Inc. and to replace such references with
the information contained in the table and footnotes below, and (ii) identify
additional selling stockholders, listed in the table below, who or which
received shares of Common Stock covered by this Prospectus as gifts,
contributions or donations from Mark L. Schroeder, David P. Stirts, Michael
Willis, 1245966 Ontario Inc. and 3345394 Canada Inc. Information about other
selling stockholders is found on page 11 of this Prospectus under the heading
"Selling Stockholders" and is not being amended by this Prospectus Supplement.
<TABLE>
<CAPTION>
Beneficial Shares Beneficial
Ownership to be Ownership
Selling Stockholders Prior to Offering Offered (1) After Offering (1)
-------------------- ----------------- ----------- ------------------
<S> <C> <C> <C>
Mark L. Schroeder (2)(3). . . . . . . . . . . 89,643 89,643 --
David P. Stirts (2)(3). . . . . . . . . . . . 124,634 124,634 --
Michael Willis (2)(3) . . . . . . . . . . . 87,220 87,220 --
1319460 Ontario Inc. (4)(5) . . . . . . . . 859,616 859,616 --
Alida Stirts (2). . . . . . . . . . . . . . . 124,634 124,634 --
Carla Friedli (2) . . . . . . . . . . . . . 90,643 90,643 --
Ellen Willis (2). . . . . . . . . . . . . . . 87,200 87,200 --
Heidi Krauth (2). . . . . . . . . . . . . . . 4,000 4,000 --
Robert Paul Stayton (2) . . . . . . . . . . 2,000 2,000 --
Karin Eileen Krauth Stayton (2) . . . . . . 2,000 2,000 --
Philip Leland Krauth (2). . . . . . . . . . . 1,000 1,000 --
Warren R. Fligg (2) . . . . . . . . . . . . 2,000 2,000 --
John Leonard Rancher (2). . . . . . . . . . . 2,000 2,000 --
Jack and Astrid Hanke (2) . . . . . . . . . 2,000 2,000 --
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
Beneficial Shares Beneficial
Ownership to be Ownership
Selling Stockholders Prior to Offering Offered (1) After Offering (1)
-------------------- ----------------- ----------- ------------------
<S> <C> <C> <C>
Mary Jo Willis (2). . . . . . . . . . . . . . 2,000 2,000 --
Russell Willis (2). . . . . . . . . . . . . . 2,000 2,000 --
David and Crystol Willis (2). . . . . . . . . 2,000 2,000 --
James L. Becker (2) . . . . . . . . . . . . 2,000 2,000 --
Joe and Carol Schauble (2). . . . . . . . . . 2,000 2,000 --
Brian and Jennifer Kennedy (2). . . . . . . . 2,000 2,000 --
Michael and Sara Venzon (2) . . . . . . . . 2,000 2,000 --
</TABLE>
______________
(1) The Company does not know the exact number of Shares that any Selling
Stockholder will sell, if any. None of the Selling Stockholders currently
owns 1% or more of the outstanding Common Stock and, assuming all Shares
covered by this Prospectus are sold, none of the Selling Stockholders will
own 1% or more of the outstanding Common Stock those sales are completed.
(2) Consists of Shares issued when the Company acquired Digital on June 8,
1998. The Company is required to register these Shares pursuant to the
acquisition agreement. See "Recent Events."
(3) Each of Messrs. Schroeder, Willis and Stirts was an officer and director of
Digital before Digital was acquired by the Company. Since the acquisition,
Messrs. Schroeder and Willis have continued to serve as officers and
directors of Digital, which is an indirect wholly-owned subsidiary of the
Company. Mr. Stirts currently provides consulting services to Digital.
(4) Consists of Shares issued when the Company acquired EDM on June 17, 1998.
The Company is required to register these Shares pursuant to the
acquisition agreement. See "Recent Events."
(5) Ken Crema is an officer and director of EDM and is the sole director and
sole officer of 1319460 Ontario Inc. As such, Mr. Crema may be deemed the
beneficial owner of all Shares owned by 1319460 Ontario Inc.
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