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Net Grocer, Inc.
333 Seventh Avenue, New York, NY 10001 * (212) 244-0031

The company is the only nationwide, Internet supermarket offering customers dry grocery and related consumer products shipped directly to homes and offices.

Primary Underwriting Group
ManagerTierPhone
CIBC Oppenheimer & CompanyLead Manager (212) 667-7400
Volpe Brown Whelan & CompanyCo-manager (415) 274-4463

Filing Information (withdrawn)
NASNTL:NTGR Internet: SIC 5411
Type of Shares:Common Shares Filing Date:7/30/98
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $33,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Employees:63

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Fulbright & Jaworski
Bank's Law Firm: Wilson, Sonsini, Goodrich & Rosati
Registrar/Transfer Agent: Continental Stock Transfer & Trust Co
Auditor: Pricewaterhouse Coopers LLC

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/97 3/31/98
Revenue:$0.28$0.41$0.00Assets:$9.35
Net Income:-$3.55-$3.04-$0.44Curr Assets:$8.40
EPS:Liabilities:$13.28
Prior EPS:-$2.68-$0.49Curr Liab:$1.28
Cash Flow/Oper:-$3.13$7.00$0.80Equity:-$3.93
Cash Flow/Fin:$7.50-$0.41-$0.04Cash:$7.76
Cash Flow/Inv:-$0.58Working Cap:$7.12

Use of Proceeds
The proceeds from the proposed offering will be used to fund strategic marketing relationships and other capital expenditures and for general corporate purposes including working capital.

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