SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILES PURSUANT TO RULES 13d-1(b),(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1) Dex Media, Inc. (Name of Issuer) Common Stock, $.01 par value -------------------------------------------------------------------------------- (Title of Class of Securities) 25212E 10 0 (CUSIP Number) December 31, 2005 Date of Event Which Requires Filing of this Statement Check the appropriate box to designate the rule pursuant to which this Schedule is Filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) CUSIP No. 25212E 10 0 Page 2 of 7 Pages -------------------------------------------------------------------------------- 1) Name of Reporting Person Welsh, Carson, I.R.S. Identification Anderson & Stowe No. of Above Person IX, L.P. (Entities Only) -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization -------------------------------------------------------------------------------- Number of 5) Sole Voting Shares Beneficially Power -0- Owned by Each Reporting Person With: ------------------------------------------------ 6) Shared Voting 24,764,558 shares of Power Common Stock ------------------------------------------------ 7) Sole Disposi- tive Power -0- ------------------------------------------------ 8) Shared Dis- 24,764,558 shares of positive Power Common Stock 9) Aggregate Amount Beneficially 24,764,558 shares of Owned by Each Reporting Person Common Stock -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9) 16.4% -------------------------------------------------------------------------------- 12) Type of Reporting Person PN -2- CUSIP No. 25212E 10 0 Page 3 of 7 Pages -------------------------------------------------------------------------------- 1) Name of Reporting Person WD Investors, LLC I.R.S. Identificatione No. of Above Person (Entities Only) -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization -------------------------------------------------------------------------------- Number of 5) Sole Voting Shares Beneficially Power -0- Owned by Each Reporting Person With: ------------------------------------------------ 6) Shared Voting 12,202,970 shares of Power Common Stock ------------------------------------------------ 7) Sole Disposi- tive Power -0- ------------------------------------------------ 8) Shared Dis- 12,202,970 shares of positive Power Common Stock 9) Aggregate Amount Beneficially 12,202,970 shares of Owned by Each Reporting Person Common Stock -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9) 8.1% -------------------------------------------------------------------------------- 12) Type of Reporting Person OO -3- CUSIP No. 25212E 10 0 Page 4 of 7 Pages -------------------------------------------------------------------------------- 1) Name of Reporting Person WCAS IX I.R.S. Identificatione Associates, L.L.C. No. of Above Person (Entities Only) -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] -------------------------------------------------------------------------------- 3) SEC Use Only -------------------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization -------------------------------------------------------------------------------- Number of 5) Sole Voting Shares Beneficially Power -0- Owned by Each Reporting Person With: ------------------------------------------------ 6) Shared Voting 38,274,854 shares of Power Common Stock ------------------------------------------------ 7) Sole Disposi- tive Power -0- ------------------------------------------------ 8) Shared Dis- 38,274,854 shares of positive Power Common Stock 9) Aggregate Amount Beneficially 38,274,854 shares of Owned by Each Reporting Person Common Stock -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9) 25.4% -------------------------------------------------------------------------------- 12) Type of Reporting Person OO -4- CUSIP No. 25212E 10 0 Page 5 of 7 Pages Amendment No. 1 to Schedule 13G Reference is hereby made to the statement on Schedule 13G originally filed with the Securities and Exchange Commission on February 15, 2005 (the "Schedule 13G"). Terms defined in the Schedule 13G are used herein as so defined. The following items of the Schedule 13G are hereby amended and restated to read in their entirety as follows: Item 4 - Ownership. (a) Amount Beneficially Owned: WCAS IX: 24,764,558 shares of Common Stock WD: 12,202,970 shares of Common Stock IX Associates: 38,274,854 shares of Common Stock* (b) Percent of Class: WCAS IX: 16.4% WD: 8.1% IX Associates: 25.4% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: WCAS IX: 24,764,558 shares of Common Stock WD: 12,202,970 shares of Common Stock IX Associates: 38,274,854 shares of Common Stock* (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: WCAS IX: 24,764,558 shares of Common Stock WD: 12,202,970 shares of Common Stock IX Associates: 38,274,854 shares of Common Stock* -5- CUSIP No. 25212E 10 0 Page 6 of 7 Pages * Includes 24,764,558 shares held by WCAS IX, 12,202,970 shares held by WD, 963,453 shares held by A.S.F. Co-Investment Partners, L.P. ("ASF"), 239,162 shares held by GS Private Equity Partners II - Direct Investment Fund, L.P. ("PEP II"), 32,925 shares held by GS Private Equity Partners 1999 - Direct Investment Fund, L.P. ("PEP 99") and 71,786 shares held by GS Private Equity Partners 2000 - Direct Investment Fund, L.P. ("PEP 2000"). None of ASF, PEP II, PEP 99 or PEP 2000 has the power to vote or to dispose of the shares held by it. -6- CUSIP No. 25212E 10 0 Page 7 of 7 Pages Signature: After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. WELSH, CARSON, ANDERSON & STOWE IX, L.P. By: WCAS IX Associates, LLC, General Partner By /s/ Jonathan M. Rather ---------------------------------------------- Managing Member WD INVESTORS, LLC By: WCAS IX Associates, LLC, Manager By /s/ Jonathan M. Rather ---------------------------------------------- Managing Member WCAS IX ASSOCIATES, LLC By /s/ Jonathan M. Rather ---------------------------------------------- Managing Member Date: January 18, 2006