X0201 32003-09-2400001236038REDENVELOPE INC REDE0001201045MORITZ MICHAEL J3000 Sand Hill RoadMenlo ParkCA9402510100001195580LEONE DOUGLAS M3000 Sand Hill RoadMenlo ParkCA9402500100001199039STEVENS MARK A3000 Sand Hill RoadMenlo ParkCA9402500100001201421GOGUEN MICHAEL L3000 SAND HILL ROADMENLO PARKCA940250010Common Stock8536ISee footnoteSeries C Preferred StockCommon Stock668003ISee footnoteSeries E Preferred StockCommon Stock109710ISee footnoteSeries F Preferred StockCommon Stock235491ISee footnoteReflects a 1 for 11.71 reverse stock split of the Issuer's capital stock effected on September 23, 2003.Mr. Moritz is a director of the Issuer and each of Messrs. Moritz, Stevens, Goguen, and Leone are managing members of SC IX Management LLC and SCFF Management LLC, which in turn are the general partners of each of Sequoia Capital Entrepreneurs Fund, Sequoia Capital IX, Sequoia Capital IX Principals Fund, Sequoia Capital Franchise Fund and Sequoia Capital Franchise Partners (collectively, the "Funds"). The shares reported are owned directly by the Funds. The shares reported are owned indirectly by each of the four individual reporting persons, each of whom disclaims beneficial ownership except to the extent of their respective pecuniary interests therein. Immediately exercisable.All outstanding shares of Preferred Stock will be converted into shares of Common Stock of the Issuer upon the closing of the initial public offering of the Issuer's Common Stock. Not applicable.1 share of Series C Preferred Stock is convertible into 1.58158 shares of the Issuer's Common Stock.1 share of Series E Preferred Stock is convertible into 1.27197 shares of the Issuer's Common Stock.1 share of Series F Preferred Stock is convertible into 0.98855 shares of the Issuer's Common Stock./s/ Eric Wong, Attorney-in-Fact for Michael Moritz2003-09-24Eric Wong, Attorney-in-Fact for Douglas M. Leone2003-09-13Eric Wong, Attorney-in-Fact for Mark A. Stevens2003-09-13Eric Wong, Attorney-in-Fact for Michael L. Goguen2003-09-13