X0202 4 2004-07-26 0 0001101680 ZHONE TECHNOLOGIES INC ZHNE 0001249358 TIMMINS JAMES D 5 PALO ALTO SQ. 9TH FLOOR PALO ALTO CA 94306 1 0 0 0 Common Stock 2004-07-26 4 S 0 6000 2.8585 D 1314843 I See Below. Common Stock 2004-07-27 4 S 0 10000 3.0500 D 1304843 I See Below. Held by NIF Ventures Co. LTD and affiliated entities as follows: (i) 363,667 shares held my NIF Ventures Co. LTD (ii) 258,833 shares held by NIF New Technology Fund 2000/1; (iii) 221,698 shares held by NIF New Technology Fund 2000/2; (iv) 142,483 shares held by NIF New Technology Fund 99-A; (v) 142,483 shares held by NIF New Technology Fund 99-B; (vi) 74,048 shares held by NIF 21-One (1); (vii) 39,522 shares held by NIF 21-One (2-A); (viii) 39,522 shares held by NIF 21-One (2-B); (ix) 21,725 shares held by NIF-TT Fund; and (x) 10,862 shares held by NIF-ST Fund. Mr. Timmins is a General Partner and Managing Director for NIF Ventures Co., LTD, and disclaims beneficial ownership of the reported securities except to the extent of his proportional interest therein. Held by NIF Ventures Co., LTD and affiliated entities as follows: (i) 363,667 shares held my NIF Ventures Co. LTD (ii) 256,051 shares held by NIF New Technology Fund 2000/1; (iii) 219,310 shares held by NIF New Technology Fund 2000/2; (iv) 140,950 shares held by NIF New Technology Fund 99-A; (v) 140,950 shares held by NIF New Technology Fund 99-B; (vi) 73,251 shares held by NIF 21-One (1); (vii) 39,097 shares held by NIF 21-One (2-A); (viii) 39,097 shares held by NIF 21-One (2-B); (ix) 21,725 shares held by NIF-TT Fund; and (x) 10,745 shares held by NIF-ST Fund. Mr. Timmins is a General Partner and Managing Director for NIF Ventures Co., LTD, and disclaims beneficial ownership of the reported securities except to the extent of his proportional interest therein. /s/ Mariann Lackey as Power of Attorney 2004-07-27