IPOs/recent issues: Ubiquitel –

Bala Cynwyd, Pa.

Went public 6/7/2000 at $8 apiece

Filing Range: 12.5 mil. shares @ $8 to $10

Shares Outstanding: 64.76 mil. shares

Underwriters: Donaldson, Lufkin & Jenrette/DLJdirect/Banc

of America

Securities LLC

Company Counsel: Greenberg Traurig

Manager Counsel: Weil Gotshal & Manges

Auditor: Ernst & Young LLP

The Company:

Provides regional wireless PCS service to the Western United States.

Venture Backers:

DLJ Capital

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 02/01/2000 1 Expansion 25000.0

FINANCIALS:

(Data in $ millions)

Y/E

12/31/99

Total Revenues: $6.1

Net Income: 8.3