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| SAVVIS Communications Corporation |
| 12007 Sunrise Valley Drive, Reston, VA 20191 * (877) 728-8474 |
| Business Description | The company is a leading provider of high quality, high performance global networking and Internet solutions to medium and large businesses, multi-national corporations and Internet service providers. |
| Offering Information Company has | |||
| Trading As | SVVS (NASNTL) | Industry | Financial (SIC 6719) |
| Type of Stock Offered | Common Shares | Filing Date | 11/12/99 |
| Domestic Shares Offered | 17,000,000 | Offer Date | 2/14/00 |
| Foreign Shares Offered | 0 | Filing Range | $22.00 - $25.00 |
| Company Shares | 17,000,000 | Offer Price | $24.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.440 |
| Gross Proceeds | $408,000,000 | Selling | $0.860 |
| Expenses | - - | Reallowance | - - |
| Post-IPO Shares | - - | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| Morgan Stanley Dean Witter | Co-manager | (212) 761-5900 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/96 | 12/31/97 | 12/31/98 | 6/30/98 | 6/30/99 | ||
| Revenues | - | - | 0.290 | 2.758 | 13.674 | 5.092 | 11.353 |
| Income from Oper. | - | - | -2.111 | -14.075 | -21.668 | -9.733 | -15.215 |
| Net Income | - | - | -2.171 | -14.502 | -21.743 | -9.942 | -15.903 |
| E.P.S | - | - | -2.420 | -15.690 | -16.280 | -8.060 | -4.630 |
| Revenue Growth (%) | - | - | 851.03 | 395.794 | 122.96 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -20.56 | -11.55 | -12.31 | ||||
| Cash Flow - Inv. | -2.44 | -1.55 | -0.64 | ||||
| Cash Flow - Fin. | 24.12 | 16.96 | 10.96 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 6/30/99 | Financial Ratios | ||||
| Total Assets | 45.29 | Current Assets | 3.55 | Current Ratio | 0.19 |
| Total Liab. | 22.78 | Current Liab. | 18.50 | Debt Ratio | 50.30% |
| Total Equity | 22.51 | Working Cap. | -14.95 | Debt to Equity Ratio | 1.01 |
| Cash | 0.53 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for capital expenditures relating to our network expansion, to fund sales, marketing and other operating expenses and other general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Hogan & Hartson |
| Bank's Law Firm | Shearman & Sterling |
| Auditor | Deloitte & Touche |
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| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| Bridge Information Systems, Inc. | 74.80 | |
| Welsh, Carson, Anderson & Stowe | 12.30 | |
| Note: represents ownership of 5% or more prior to the offering. | ||