X0201 4 2003-06-18 0 0001084750 NAVISITE INC NAVI 0001251902 ATLANTIC INVESTORS LLC 20 E 66TH STREET NEW YORK NY 10021 0 0 1 0 0001251897 CLEARBLUE ATLANTIC LLC 20 E 66TH STREET NEW YORK NY 10021 0 0 1 0 0001251907 CLEARBLUE FINANCE INC 55 FRANCISCO STREET SUITE 100 SAN FRANCISCO CA 94133 0 0 1 0 Common Stock 2003-06-18 4 P 0 47168 3.50 A 47168 D Common stock 567978 I owned by CBT Common stock 10559248 I held by CBF Common Stock 8110599 I held by CBA In a privately negotiated transaction, the Atlantic Investors, LLC ("Atlantic") acquired 47,168 shares from Hewlett-Packard Financial Services Company wiht each purchased share of the Issuer's common stock having a price per share of $3.50. Atlantic controls ClearBlue Finance, Inc. (CBF"), ClearBlue Technologies, Inc. ("CBT") and ClearBlue Atlantic, LLC ("CBA")(collectively, the "Controlled Entities") and the Controlled Entities in the aggregate own 19,201,825 shares. See footnote 2 Of such shares, 10,559,248 are held by CBF, 567,978 are held by CBT and 8,110,599 are held by CBA. Atlantic may be deemed the beneficial owner of shares. Atlantic Investors, LLC, Arthur Becker mang. director 2003-08-04 ClearBlue Atlantic LLC by Atlantic Investors LLC, by Madision Technology LLC, by Arthur Becker, mang. member 2003-07-29 Arthur Becker, Pres. ClearBlue Finance, Inc. 2003-07-29