Heelys Inc.

Carrollton, Texas • 214-390-1831 • www.heelys.com

Exchange and Ticker: Nasdaq: HLYS

Filing Range: 3.1M shares @ $16.0 to $18.0

Offering Price: $21.0

Close on First Day: $32.6

Offering Size: $134.9M

Shares Outstanding: 27.03M

Underwriters: Bear Stearns & Co. Inc./Wachovia Securities Inc.

Co-managers: JP Morgan/CIBC World Markets Inc.

Company Counsel: Gardere Wynne Sewell LLP

Manager Counsel: Latham & Watkins

Auditor: Deloitte & Touche LLP

Market Capitalization on 31/12/06: $867.9M

Close price at current month end: $32.11

DESCRIPTION

Company, also known as Heeling Sports Ltd., manufactures shoes with stealth wheel in the heel. HEELYS-wheeled footwear allows the user to transition from walking or running to skating by shifting weight to the heel.

VENTURE BACKERS

Capital Southwest Corp.

Source: Thomson Financial