Vonage to Reserve a Portion of Common Stock for Customers

To be eligible to purchase common stock at the IPO price in the Vonage IPO, customers must meet strict eligibility criteria. Vonage customers may be eligible to participate if they meet all of the following criteria:

    -- they opened accounts with Vonage America on or prior to December 15,
       2005, and
    -- maintained their accounts in good standing through February 1, 2006,
       and
    -- are a U.S. citizen, and
    -- reside in the U.S. when the offering closes, and
    -- have a valid social security number

Customers do not need to continue to be Vonage account holders to participate in the program.

Vonage employees can not answer any questions on this subject.

A registration statement relating to our common stock has been filed with the Securities and Exchange Commission but has not yet become effective. The common stock may not be sold nor offers to buy be accepted prior to the time the registration becomes effective. A copy of the prospectus for the proposed offering may be obtained from:

    Cindy Capone
    Re: Prospectus Request
    23 Main Street
    Holmdel, NJ  07733

Related forum discussion: The Vonage IPO Thread