Value America, Inc.

DateInflation Amount Per Share*
4/8/1999**$42.0774***
4/9/1999$36.9826
4/12/1999$38.0487
4/13/1999$39.6763
4/14/1999$37.0558
4/15/1999$34.2432
4/16/1999$32.6839
4/19/1999$27.461
4/20/1999$29.8777
4/21/1999$33.8085
4/22/1999$33.7071
4/23/1999$32.6737
4/26/1999$33.4188
4/27/1999$34.297
4/28/1999$33.0518
4/29/1999$32.4294
4/30/1999$34.2096
5/3/1999$31.8647
5/4/1999$30.8064
5/5/1999$31.0223
5/6/1999$28.6895
5/7/1999$30.931
5/10/1999$29.45
5/11/1999$29.9869
5/12/1999$30.1078
5/13/1999$29.4785
5/14/1999$28.4259
5/17/1999$26.6702
5/18/1999$25.4188
5/19/1999$23.7902
5/20/1999$23.2348
5/21/1999$22.8005
5/24/1999$18.9991
5/25/1999$17.9489
5/26/1999$18.4387
5/27/1999$17.5054
5/28/1999$18.184
6/1/1999$17.194
6/2/1999$16.5632
6/3/1999$16.1298
6/4/1999$16.3019
6/7/1999$18.4199
6/8/1999$22.8683
6/9/1999$23.2977
6/10/1999$22.0539
6/11/1999$19.5592
6/14/1999$18.0021
6/15/1999$16.6849
6/16/1999$17.2904
6/17/1999$18.0368
6/18/1999$19.0964
6/21/1999$21.7719
6/22/1999$20.4063
6/23/1999$19.0283
6/24/1999$19.663
6/25/1999$19.2876
6/28/1999$19.4044
6/29/1999$18.5211
6/30/1999$18.5121
7/1/1999$17.5074
7/2/1999$18.377
7/6/1999$19.6914
7/7/1999$20.3756
7/8/1999$20.1829
7/9/1999$19.6146
7/12/1999$18.3033
7/13/1999$18.2425
7/14/1999$17.9847
7/15/1999$18.9814
7/16/1999$19.6656
7/19/1999$19.1091
7/20/1999$18.2544
7/21/1999$18.9997
7/22/1999$18.2656
7/23/1999$18.1375
7/26/1999$16.3987
7/27/1999$15.1364
7/28/1999$15.0046
7/29/1999$14.7047
7/30/1999$14.1434
8/2/1999$13.3951
8/3/1999$11.8374
8/4/1999$9.8432
8/5/1999$11.2751
8/6/1999$12.2773
8/9/1999$12.1548
8/10/1999$11.1614
8/11/1999$10.4581
8/12/1999$10.7144
8/13/1999$10.5116
8/16/1999$11.1964
8/17/1999$11.1943
8/18/1999$12.6361
8/19/1999$12.0786
8/20/1999$11.9477
8/23/1999$11.8749
8/24/1999$11.8055
8/25/1999$11.5467
8/26/1999$11.1165
8/27/1999$11.18
8/30/1999$10.3759
8/31/1999$10.0572
9/1/1999$10.556
9/2/1999$10.1821
9/3/1999$10.4124
9/7/1999$10.3503
9/8/1999$10.2934
9/9/1999$10.1611
9/10/1999$12.843
9/13/1999$15.6021
9/14/1999$15.0966
9/15/1999$15.2339
9/16/1999$13.1702
9/17/1999$12.1608
9/20/1999$11.2197
9/21/1999$12.9834
9/22/1999$12.7282
9/23/1999$13.8729
9/24/1999$12.372
9/27/1999$11.6174
9/28/1999$11.2417
9/29/1999$11.1233
9/30/1999$12.2466
10/1/1999$11.3088
10/4/1999$10.7974
10/5/1999$10.1702
10/6/1999$9.6629
10/7/1999$11.1058
10/8/1999$11.4154
10/11/1999$10.9738
10/12/1999$11.6701
10/13/1999$11.3077
10/14/1999$10.8071
10/15/1999$10.6313
10/18/1999$11.0121
10/19/1999$11.141
10/20/1999$11.1857
10/21/1999$11.1893
10/22/1999$11.0001
10/25/1999$11.6256
10/26/1999$11.3754
10/27/1999$10.8778
10/28/1999$12.7387
10/29/1999$11.907
11/1/1999$12.47
11/2/1999$13.3437
11/3/1999$13.3355
11/4/1999$12.2069
11/5/1999$11.1971
11/8/1999$11.0031
11/9/1999$10.6315
11/10/1999$11.4358
11/11/1999$10.9273
11/12/1999$10.6737
11/15/1999$11.2399
11/16/1999$11.8535
11/17/1999$12.1713
11/18/1999$12.4651
11/19/1999$11.8972
11/22/1999$12.8324
11/23/1999$14.5266
11/24/1999$14.0775
11/26/1999$13.6371
11/29/1999$12.9545
11/30/1999$11.9082
12/1/1999$11.7123
12/2/1999$11.8826
12/3/1999$11.8693
12/6/1999$11.3626
12/7/1999$11.2965
12/8/1999$10.987
12/9/1999$11.2996
12/10/1999$10.6093
12/13/1999$10.2305
12/14/1999$9.371
12/15/1999$9.2341
12/16/1999$9.2184
12/17/1999$8.7764
12/20/1999$7.4573
12/21/1999$6.8135
12/22/1999$7.4046
12/23/1999$7.0557
12/27/1999$6.5527
12/28/1999$6.1806
12/29/1999$5.322
12/30/1999$4.6661
12/31/1999$4.3514
1/3/2000$4.8999
1/4/2000$5.1256
1/5/2000$5.1944
1/6/2000$4.78
1/7/2000$4.3218
1/10/2000$4.1983
1/11/2000$4.5919
1/12/2000$4.5706
1/13/2000$4.8089
1/14/2000$4.8544
1/18/2000$4.8823
1/19/2000$4.7868
1/20/2000$5.1245
1/21/2000$4.9659
1/24/2000$4.9879
1/25/2000$4.5381
1/26/2000$4.7775
1/27/2000$4.3774
1/28/2000$4.4018
1/31/2000$4.3546
2/1/2000$4.2762
2/2/2000$4.2394
2/3/2000$4.4016
2/4/2000$4.5219
2/7/2000$4.3861
2/8/2000$5.2158
2/9/2000$4.7588
2/10/2000$4.6164
2/11/2000$4.3244
2/14/2000$4.2301
2/15/2000$4.0686
2/16/2000$3.5388
2/17/2000$3.3044
2/18/2000$3.3286
2/22/2000$3.1405
2/23/2000$2.7417
2/24/2000$2.7289
2/25/2000$2.772
2/28/2000$3.2419
2/29/2000$3.3455
3/1/2000$3.3349
3/2/2000$3.2461
3/3/2000$3.5318
3/6/2000$5.13
3/7/2000$4.4214
3/8/2000$4.2595
3/9/2000$5.2331
3/10/2000$5.2651
3/13/2000$5.3423
3/14/2000$4.8392
3/15/2000$4.3832
3/16/2000$4.325
3/17/2000$4.1812
3/20/2000$3.9754
3/21/2000$3.2811
3/22/2000$3.2757
3/23/2000$3.2332
3/24/2000$3.0743
3/27/2000$3.0685
3/28/2000$2.6518
3/29/2000$2.7419
3/30/2000$2.7077
3/31/2000$2.4428
4/3/2000$2.3274
4/4/2000$2.1155
4/5/2000$2.3566
4/6/2000$2.3759
4/7/2000$2.3158
4/10/2000$2.1025
4/11/2000$2.3739
4/12/2000$2.2965
4/13/2000$1.8715
4/14/2000$1.4907
4/17/2000$1.0173
4/18/2000$1.4989
4/19/2000$1.3951
4/20/2000$1.3042
4/24/2000$1.2023
4/25/2000$1.2233
4/26/2000$1.1728
4/27/2000$1.0569
4/28/2000$1.1443
5/1/2000$1.165
5/2/2000$1.2854
5/3/2000$1.3956
5/4/2000$1.3336
5/5/2000$1.3481
5/8/2000$1.4664
5/9/2000$1.3549
5/10/2000$1.3293
5/11/2000$1.4303
5/12/2000$1.2021
5/15/2000$1.1575
5/16/2000$1.3551
5/17/2000$1.5242
5/18/2000$1.51
5/19/2000$1.3472
5/22/2000$1.2878
5/23/2000$1.1924
5/24/2000$1.0455
5/25/2000$1.0556
5/26/2000$0.9946
5/30/2000$0.825
5/31/2000$0.7899
6/1/2000$0.7423
6/2/2000$0.7066
6/5/2000$0.9237
6/6/2000$1.2187
6/7/2000$1.0159
6/8/2000$0.8919
6/9/2000$0.9187
6/12/2000$0.9998
6/13/2000$0.9528
6/14/2000$0.8714
6/15/2000$0.7975
6/16/2000$0.7975
6/19/2000$0.6791
6/20/2000$0.6145
6/21/2000$0.4813
6/22/2000$0.4751
6/23/2000$0.4899
6/26/2000$0.4484
6/27/2000$0.5231
6/28/2000$0.3863
6/29/2000$0.3353
6/30/2000$0.3532
7/3/2000$0.2846
7/5/2000$0.3159
7/6/2000$0.3001
7/7/2000$0.2853
7/10/2000$0.2626
7/11/2000$0.2027
7/12/2000$0.0881
7/13/2000$0.0022
7/14/2000$0.0008
7/17/2000$0.0575
7/18/2000$0.0764
7/19/2000$0.0939
7/20/2000$0.0762
7/21/2000$0.0614
7/24/2000$0.0163
7/25/2000$0.0659
7/26/2000$0.045
7/27/2000$0.0508
7/28/2000$0.0574
7/31/2000$0.0716
8/1/2000$0.0524
8/2/2000$0.0859
8/3/2000$0.0093
8/4/2000$0.0068
8/7/2000$0
8/8/2000$0.0215
8/9/2000$0
8/10/2000$0.0037
8/11/2000$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 $23.00 per share have no artificial inflation.