Underwriter (Number Of Offerings As
Lead/Number Of Offerings As Lead Or
Co-manager)

Gross
Proceeds
(M)

Lehman Brothers Inc. (6/11)

$1,213.4

S.G. Cowen Securities (4/11)

$1,118.9

UBS Securities (8/11)

$969.4

Morgan Stanley (10/10)

$955.0

CIBC World Markets (3/12)

$900.4

Merrill Lynch (6/6)

$891.9

U.S. Bancorp Piper Jaffray (2/10)

$880.2

Lazard Freres & Co. (0/7)

$670.8

Pacific Growth Equities (4/9)

$640.9

Jefferies and Co. (2/4)

$603.8

Credit Suisse First Boston (1/3)

$530.9

Needham & Co. (0/7)

$525.8

Bear, Stearns & Co. (2/4)

$512.0

Banc of America Securities (1/3)

$436.2

Adams, Harkness & Hill (0/4)

$341.4

Goldman, Sachs & Co. (3/3)

$337.3

Fortis Securities (0/2)

$327.5

Citigroup Global Markets (3/5)

$326.2

Harris Nesbitt Gerard (0/4)

$318.9

Deutsche Bank Securities (2/3)

$264.8

Thomas Weisel Partners (2/5)

$263.6

BMO Nesbitt Burns (0/1)

$251.6

Punk, Ziegel (0/5)

$250.5

J.P. Morgan Securities (3/3)

$230.5

RBC Capital Markets (0/5)

$222.6

C.E. Unterberg, Towbin (1/2)

$208.7

WR Hambrecht + Co. (1/3)

$197.3

ThinkEquity Partners (0/2)

$132.5

First Albany (0/1)

$119.0

Brean Murray & Co. (0/2)

$104.1

Wachovia Securities (0/1)

$97.8

Wells Fargo Securities (0/2)

$95.2

SunTrust Robinson Humphrey (0/1)

$82.1

Merriman Curhan Ford (0/1)

$66.5

Loewen, Ondaatje, McCutcheon (0/1)

$62.5

Orion Securities (0/1)

$62.5

Legg Mason Wood Walker (0/1)

$52.8

Friedman, Billings, Ramsey & Co. (0/1)

$52.5

Leerink Swann (0/1)

$49.7

Roth Capital Partners (0/1)

$38.0

Morgan Keegan (0/1)

$34.2

Ryan Beck & Co. (0/1)

$34.2

Canaccord Capital (0/1)

$25.5

Desjardins Securities (0/1)

$25.5

Dlouhy Merchant Group (0/1)

$25.5

TD Securities (0/1)

$25.5

Janney Montgomery Scott (1/1)

$15.6

* 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, 2003. Gross proceeds include additional funding raised from the exercise of overallotment options, when disclosed.