Underwriter
(Number Of IPOs
As Lead Underwriter)

Gross
Proceeds (M)

UBS Warburg LLC (1)

$299

Lehman Brothers Inc. (2)

$185

Merrill Lynch & Co. (1)

$120

CIBC World Markets Corp. (1)

$65

Kashner Davidson Securities Corp. (1)

$11

Roan Meyers Associates LP (1)

$11

* The offerings in this chart include only those that were completed on U.S. stock exchanges (NASDAQ, NYSE or AMEX) from Jan. 1 ­ Dec. 31, 2002. Gross proceeds include additional funding raised from the exercise of overallotment options, when disclosed.