Principal shareholders -Liquid Audio,MP3,Musicmaker
1)Liquid Audio
Percent of
Number of Ownership
Shares of -----------------
Common Stock Before After
Name of Beneficial Owner Beneficially Owned Offering Offering
---------------------------------------- ------------------ -------- --------
Entities affiliated with Hummer Winblad
Venture Partners(1).................... 2,699,631 19.8%
Two South Park, Second Floor
San Francisco, CA 94107
Intel Corporation....................... 2,515,708 18.5
2200 Mission College Boulevard
Santa Clara, CA 95052
Vulcan Ventures, Inc.................... 998,803 7.3
110 110th Avenue NE, Suite 500
Bellevue, WA 98004
Metromedia Company...................... 977,198 7.2
1 Meadowlands Plaza East
Rutherford, NJ 07073
Gerald W. Kearby........................ 937,500 6.9
Philip R. Wiser......................... 843,750 6.2
The Phoenix Partners(2)................. 800,622 5.9
1000 Second Avenue, Suite 3600
Seattle, WA 98104
Robert G. Flynn......................... 750,000 5.5
Gary J. Iwatani(3)...................... 150,000 1.1
Kevin M. Malone(4)...................... 112,500 *
Richard W. Wingate(5)................... 86,000 *
Mathieu Prevost(6)...................... 40,000 *
Sanford R. Climan(7).................... 20,000 *
Ann Winblad(1).......................... 2,699,631 19.8
Silvia Kessel(8)........................ -- *
Eric P. Robison(9)...................... -- *
All executive officers and directors as
a group (11 persons)(10)............... 5,639,381 40.2
--------
* Less than 1%
2)MP3.com
NUMBER OF SHARES OUTSTANDING
BENEFICIALLY OWNED --------------------
----------------- BEFORE AFTER
NUMBER OFFERING OFFERING
----------------- -------- --------
NAME AND ADDRESS OF BENEFICIAL OWNER
Michael L. Robertson................. 25,637,010 55.35%
Mark A. Stevens(1)................... 9,337,011 20.16
Sequoia Capital
3000 Sand Hill Road
Building 4, Suite 208
Menlo Park, CA 94025
Robin D. Richards(2)................. 2,437,500 5.26
Theodore W. Waitt.................... 1,500,000 3.24
Lawrence F. Probst III............... 150,000 * *
All directors and officers
as a group (9 persons)(3).......... 39,805,240 85.72
---------------
* Represents beneficial ownership of less than 1%.
3)Musicmaker.com
Shares Beneficially
Shares Beneficially Owned Owned After the
Name and Address Prior to the Offering Offering
---------------- ----------------------------------------------------------
Number Percent Number Percent
--------------- ------------------------- ----------
Virgin Holdings, Inc.... 15,170,860 60.8% 12,098,663 40.0%
338 North Foothill Road
Beverly Hills, CA 90210
Rho Management Trust I.. 2,814,321(1) 10.8% 2,814,321 8.9%
767 Fifth Avenue
New York, NY 10053
Robert P. Bernardi...... 2,144,107(2) 8.4% 2,144,107 7.0%
Devarajan S.
Puthukarai............. 1,045,419(3) 4.1% 1,045,419 3.4%
Irwin H. Steinberg...... 351,008(4) 1.4% 351,008(4) 1.2%
Jay A. Samit............ 18,750(5) * 18,750(5) *
Jonathan A.B. Smith..... 6,250(6) * 6,250(6) *
John A. Skolas.......... 6,250(7) * 6,250(7) *
Edward J. Mathias....... 162,978(8) * 162,978(8) *
All executive officers
and directors as a
group (10 persons)..... 3,939,264(9) 14.9% 3,939,264(9) 12.4%
--------
* Less than 1%.
