Pacific Internet Ltd.

DateInflation Amount Per Share*
2/5/1999**$37.1638***
2/8/1999$30.7086
2/9/1999$26.9436
2/10/1999$30.6933
2/11/1999$30.6357
2/12/1999$29.6202
2/16/1999$28.4158
2/17/1999$27.3081
2/18/1999$25.5993
2/19/1999$27.4501
2/22/1999$28.9013
2/23/1999$28.3312
2/24/1999$27.0015
2/25/1999$27.2774
2/26/1999$27.3426
3/1/1999$30.2134
3/2/1999$28.922
3/3/1999$29.0844
3/4/1999$28.3521
3/5/1999$27.7867
3/8/1999$27.3465
3/9/1999$30.4102
3/10/1999$35.7205
3/11/1999$32.655
3/12/1999$34.0172
3/15/1999$33.1775
3/16/1999$37.1638
3/17/1999$36.1723
3/18/1999$36.1243
3/19/1999$36.6534
3/22/1999$37.1638
3/23/1999$36.2018
3/24/1999$35.864
3/25/1999$36.081
3/26/1999$35.3709
3/29/1999$35.9185
3/30/1999$36.6741
3/31/1999$37.1638
4/1/1999$37.1638
4/5/1999$37.1638
4/6/1999$37.1638
4/7/1999$37.1638
4/8/1999$37.1638
4/9/1999$37.1638
4/12/1999$37.1638
4/13/1999$37.1638
4/14/1999$37.1638
4/15/1999$37.1638
4/16/1999$37.1638
4/19/1999$37.1638
4/20/1999$37.1638
4/21/1999$37.1638
4/22/1999$37.1638
4/23/1999$37.1638
4/26/1999$37.1638
4/27/1999$37.1638
4/28/1999$37.1638
4/29/1999$37.1638
4/30/1999$37.1638
5/3/1999$37.1638
5/4/1999$37.1638
5/5/1999$37.1638
5/6/1999$37.1638
5/7/1999$37.1638
5/10/1999$37.1638
5/11/1999$37.1638
5/12/1999$37.1638
5/13/1999$37.1638
5/14/1999$37.1638
5/17/1999$37.1638
5/18/1999$37.1638
5/19/1999$37.1638
5/20/1999$37.1638
5/21/1999$37.0799
5/24/1999$33.4883
5/25/1999$32.7163
5/26/1999$34.6839
5/27/1999$35.0077
5/28/1999$35.7313
6/1/1999$34.4507
6/2/1999$34.0885
6/3/1999$33.1315
6/4/1999$32.0219
6/7/1999$32.8746
6/8/1999$33.0951
6/9/1999$34.4769
6/10/1999$33.8398
6/11/1999$32.2317
6/14/1999$31.5914
6/15/1999$31.6404
6/16/1999$33.1721
6/17/1999$34.4732
6/18/1999$34.9
6/21/1999$37.1638
6/22/1999$37.1638
6/23/1999$36.3831
6/24/1999$36.0386
6/25/1999$36.0374
6/28/1999$35.1991
6/29/1999$35.2353
6/30/1999$36.6448
7/1/1999$36.6922
7/2/1999$36.9251
7/6/1999$37.1638
7/7/1999$37.1638
7/8/1999$37.1638
7/9/1999$37.1638
7/12/1999$37.1638
7/13/1999$36.957
7/14/1999$36.4946
7/15/1999$35.8591
7/16/1999$34.972
7/19/1999$33.5552
7/20/1999$32.9945
7/21/1999$33.4794
7/22/1999$32.5928
7/23/1999$32.8326
7/26/1999$31.4933
7/27/1999$32.2666
7/28/1999$31.9323
7/29/1999$31.0329
7/30/1999$30.8195
8/2/1999$30.7935
8/3/1999$28.7319
8/4/1999$25.0649
8/5/1999$23.4075
8/6/1999$24.5453
8/9/1999$23.7496
8/10/1999$22.1033
8/11/1999$17.7554
8/12/1999$18.4217
8/13/1999$27.4465
8/16/1999$26.5576
8/17/1999$28.4203
8/18/1999$27.0691
8/19/1999$25.3533
8/20/1999$26.0662
8/23/1999$26.7482
8/24/1999$25.5821
8/25/1999$25.0259
8/26/1999$23.5684
8/27/1999$23.0772
8/30/1999$19.9392
8/31/1999$19.9644
9/1/1999$22.4568
9/2/1999$21.8386
9/3/1999$23.3389
9/7/1999$26.838
9/8/1999$27.0017
9/9/1999$35.9576
9/10/1999$33.0631
9/13/1999$33.6545
9/14/1999$32.8865
9/15/1999$31.0196
9/16/1999$33.111
9/17/1999$32.1751
9/20/1999$31.2243
9/21/1999$30.6111
9/22/1999$30.8137
9/23/1999$30.4072
9/24/1999$30.4044
9/27/1999$30.7338
9/28/1999$30.1375
9/29/1999$28.816
9/30/1999$28.8057
10/1/1999$29.4042
10/4/1999$29.3056
10/5/1999$28.137
10/6/1999$29.4632
10/7/1999$30.1038
10/8/1999$29.7218
10/11/1999$29.7696
10/12/1999$29.611
10/13/1999$31.776
10/14/1999$30.0863
10/15/1999$28.8609
10/18/1999$29.1401
10/19/1999$28.2219
10/20/1999$29.9732
10/21/1999$29.7975
10/22/1999$29.5409
10/25/1999$28.9373
10/26/1999$29.023
10/27/1999$29.362
10/28/1999$28.3017
10/29/1999$27.9328
11/1/1999$27.0573
11/2/1999$27.3616
11/3/1999$27.4966
11/4/1999$26.9741
11/5/1999$27.5366
11/8/1999$29.1657
11/9/1999$31.365
11/10/1999$29.9624
11/11/1999$30.8727
11/12/1999$30.049
11/15/1999$34.6879
11/16/1999$35.1522
11/17/1999$33.0422
11/18/1999$33.9811
11/19/1999$34.5276
11/22/1999$34.2684
11/23/1999$33.3533
11/24/1999$34.5371
11/26/1999$33.8698
11/29/1999$37.0738
11/30/1999$34.8741
12/1/1999$34.599
12/2/1999$34.2925
12/3/1999$35.0004
12/6/1999$34.0725
12/7/1999$37.1638
12/8/1999$36.5082
12/9/1999$35.9788
12/10/1999$37.1638
12/13/1999$37.1638
12/14/1999$37.1638
12/15/1999$37.1638
12/16/1999$37.1638
12/17/1999$37.1638
12/20/1999$37.1638
12/21/1999$37.1638
12/22/1999$37.1638
12/23/1999$37.1638
12/27/1999$37.1638
12/28/1999$37.1638
12/29/1999$36.2493
12/30/1999$34.3121
12/31/1999$35.7104
1/3/2000$37.1638
1/4/2000$37.1638
1/5/2000$37.1638
1/6/2000$37.1638
1/7/2000$37.1638
1/10/2000$37.1638
1/11/2000$37.1638
1/12/2000$37.1638
1/13/2000$37.1638
1/14/2000$37.1638
1/18/2000$37.1638
1/19/2000$37.1638
1/20/2000$37.1638
1/21/2000$37.1638
1/24/2000$37.1638
1/25/2000$37.1638
1/26/2000$37.1638
1/27/2000$37.1638
1/28/2000$37.1638
1/31/2000$37.1638
2/1/2000$37.1638
2/2/2000$37.1638
2/3/2000$37.1638
2/4/2000$37.1638
2/7/2000$37.1638
2/8/2000$37.1638
2/9/2000$37.1638
2/10/2000$37.1638
2/11/2000$37.1638
2/14/2000$37.1638
2/15/2000$37.1638
2/16/2000$37.1638
2/17/2000$37.1638
2/18/2000$37.1638
2/22/2000$37.1638
2/23/2000$37.1638
2/24/2000$37.1638
2/25/2000$37.1638
2/28/2000$37.1638
2/29/2000$37.1638
3/1/2000$37.1638
3/2/2000$37.1638
3/3/2000$37.1638
3/6/2000$37.1638
3/7/2000$37.1638
3/8/2000$37.1638
3/9/2000$37.1638
3/10/2000$37.1638
3/13/2000$37.1638
3/14/2000$35.9999
3/15/2000$35.9487
3/16/2000$35.7075
3/17/2000$36.0847
3/20/2000$33.7197
3/21/2000$33.6175
3/22/2000$33.6742
3/23/2000$35.1064
3/24/2000$34.132
3/27/2000$34.2691
3/28/2000$33.365
3/29/2000$32.5174
3/30/2000$30.9501
3/31/2000$30.7153
4/3/2000$29.1893
4/4/2000$24.5259
4/5/2000$26.2814
4/6/2000$30.7712
4/7/2000$31.0526
4/10/2000$30.7953
4/11/2000$32.7388
4/12/2000$28.0719
4/13/2000$25.3426
4/14/2000$21.1347
4/17/2000$19.6806
4/18/2000$20.4625
4/19/2000$21.8176
4/20/2000$23.1195
4/24/2000$21.0179
4/25/2000$22.9455
4/26/2000$25.3308
4/27/2000$26.4395
4/28/2000$28.9218
5/1/2000$28.313
5/2/2000$27.5001
5/3/2000$25.0398
5/4/2000$23.6718
5/5/2000$25.0039
5/8/2000$24.4098
5/9/2000$23.2458
5/10/2000$19.4008
5/11/2000$19.7008
5/12/2000$20.2054
5/15/2000$20.9319
5/16/2000$22.9905
5/17/2000$21.3174
5/18/2000$21.9927
5/19/2000$19.5212
5/22/2000$17.0439
5/23/2000$16.1711
5/24/2000$14.7811
5/25/2000$13.0955
5/26/2000$11.1011
5/30/2000$11.8793
5/31/2000$14.3312
6/1/2000$15.0052
6/2/2000$17.4025
6/5/2000$20.2027
6/6/2000$19.0416
6/7/2000$18.0031
6/8/2000$16.3841
6/9/2000$16.9813
6/12/2000$16.4722
6/13/2000$15.8151
6/14/2000$12.5769
6/15/2000$13.3817
6/16/2000$14.0053
6/19/2000$13.9127
6/20/2000$14.7705
6/21/2000$14.6546
6/22/2000$14.0628
6/23/2000$13.0327
6/26/2000$12.3471
6/27/2000$13.1725
6/28/2000$12.6596
6/29/2000$12.4867
6/30/2000$10.583
7/3/2000$11.1738
7/5/2000$11.0617
7/6/2000$11.3359
7/7/2000$11.0536
7/10/2000$11.42
7/11/2000$11.1279
7/12/2000$15.1151
7/13/2000$12.7891
7/14/2000$13.8882
7/17/2000$13.1074
7/18/2000$12.415
7/19/2000$11.0899
7/20/2000$11.1012
7/21/2000$10.3362
7/24/2000$10.4385
7/25/2000$10.4897
7/26/2000$10.9905
7/27/2000$10.8734
7/28/2000$9.3922
7/31/2000$8.2844
8/1/2000$8.2364
8/2/2000$9.003
8/3/2000$9.5345
8/4/2000$10.5825
8/7/2000$10.1143
8/8/2000$9.479
8/9/2000$9.9713
8/10/2000$9.4994
8/11/2000$9.3515
8/14/2000$10.0067
8/15/2000$10.182
8/16/2000$9.296
8/17/2000$8.7059
8/18/2000$8.2042
8/21/2000$7.8775
8/22/2000$8.0614
8/23/2000$7.6169
8/24/2000$8.1267
8/25/2000$8.1548
8/28/2000$8.7406
8/29/2000$8.165
8/30/2000$8.2431
8/31/2000$9.6493
9/1/2000$11.758
9/5/2000$11.1085
9/6/2000$10.9344
9/7/2000$10.6419
9/8/2000$9.5291
9/11/2000$9.3817
9/12/2000$9.1937
9/13/2000$9.2847
9/14/2000$9.2604
9/15/2000$8.5906
9/18/2000$8.2454
9/19/2000$8.3281
9/20/2000$8.1082
9/21/2000$7.8822
9/22/2000$8.1551
9/25/2000$7.0615
9/26/2000$6.9178
9/27/2000$6.2119
9/28/2000$5.8168
9/29/2000$5.56
10/2/2000$5.0479
10/3/2000$4.425
10/4/2000$4.5779
10/5/2000$4.6487
10/6/2000$4.4917
10/9/2000$4.0009
10/10/2000$3.572
10/11/2000$2.5964
10/12/2000$2.3332
10/13/2000$2.194
10/16/2000$1.6758
10/17/2000$1.2144
10/18/2000$1.3652
10/19/2000$1.6963
10/20/2000$3.0064
10/23/2000$2.9291
10/24/2000$3.3568
10/25/2000$3.1866
10/26/2000$2.5529
10/27/2000$2.4686
10/30/2000$2.171
10/31/2000$2.5841
11/1/2000$2.9387
11/2/2000$3.577
11/3/2000$3.3571
11/6/2000$3.3043
11/7/2000$3.3938
11/8/2000$3.481
11/9/2000$3.1405
11/10/2000$2.8243
11/13/2000$1.932
11/14/2000$2.1918
11/15/2000$2.0612
11/16/2000$1.891
11/17/2000$2.006
11/20/2000$1.4233
11/21/2000$0.8728
11/22/2000$0.4662
11/24/2000$0.8962
11/27/2000$0.7453
11/28/2000$0.0535
11/29/2000$0
11/30/2000$0
12/1/2000$0
12/4/2000$0.1381
12/5/2000$0.006
12/6/2000$0

* Data shown are adjusted forward for all stock splits between the IPO and 12/6/00.

** Purchases on a date not listed in the chart above have no artificial inflation.

*** Purchases in the IPO itself at $17.00 per share have no artificial inflation.