IPOs/recent issues: Capstone Turbine –

Woodland Hills, Calif.

Went public 6/29/2000 at $16 apiece

Filing Range: 9.1 mil. shares @ $14 to $16

Shares Outstanding: 73.3 mil. shares

Underwriters: Goldman, Sachs & Co. Merrill Lynch & Co. Inc./

Morgan Stanley Dean Witter

Company Counsel: Latham & Watkins

Manager Counsel: Sullivan & Cromwell

Auditor: Deloitte & Touche LLP

The Company:

Develops small turbine generator sets using innovative engineering approaches for efficient, low emission, and low maintenance units.

Venture Backers:

Rho Management

Canaan Partners

Sevin Rosen Management Co.

Siguler Guff & Co.

Paul Allen

EnerTech Capital Partners LP

Nth Power Technologies

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors $ thousands)

1 04/01/1993 2 Early Stage 3100.0

2 07/01/1994 2 Early Stage 3300.0

3 06/01/1995 1 Expansion 5000.0

4 02/01/1996 2 Expansion 10100.0

5 05/01/1996 1 Expansion 5000.0

6 01/01/1997 4 Expansion 12500.0

7 08/15/1997 6 Later Stage 64000.0

8 03/31/1999 3 Later Stage 1846.0

9 10/28/1999 5 Later Stage 10000.0

10 02/24/2000 7 Later Stage 137500.0

Financials:

(Data in $ millions)

Y/E

12/31/99

Total Revenues: $6.69

Net Loss: -29.53