X0202 4 2006-12-11 1 0001002902 VELOCITY EXPRESS CORP VEXP 0001288589 Exeter Capital Partners IV, L.P. 10 EAST 53RD STREET, 32ND FL. NEW YORK NY 10022 0 0 1 0 0001288646 Exeter IV Advisors, L.P. 10 EAST 53RD STREET, 32ND STREET NEW YORK NY 10022 0 0 1 0 0001288647 Exeter IV Advisors, Inc. 10 EAST 53RD STREET, 32ND STREET NEW YORK NY 10022 0 0 1 0 0001288731 Fox Keith R 85 MERRIMAC STREET BOSTON MA 02114 0 0 1 0 Common Stock 2006-12-11 4 S 0 104300 1.4857 D 2361118 I See Note Common Stock 2006-12-12 4 S 0 246836 1.3513 D 2114282 I See Note Exeter Capital Partners IV, L.P. directly owns the shares of common stock of Velocity Express Corporation. Exeter IV Advisors, L.P. is the general partner of Exeter Capital Partners IV, L.P. Exeter IV Advisors, Inc. is the general partner of Exeter IV Advisors, L.P. Keith R. Fox is the 100% shareholder of Exeter IV Advisors, Inc. Exeter IV Advisors, Inc. and Keith R. indirectly own the shares. Exeter Capital Partners IV, LP by Exeter IV Advisors, L.P., its general partner, by /s/ Keith R. Fox, Principal 2006-12-13 Exeter IV Advisors, L.P. by Exeter IV Advisors, Inc, its general partner, by /s/ Keith R. Fox, Principal 2006-12-13 Exeter IV Advisors, Inc. by /s/ Keith R. Fox 2006-12-13 /s/ Keith R. Fox 2006-12-13