Vonage IR sent me this

Posts: 17 · Vonage Forum Associate Joined: May 23, 2006 Posts: 17

Dear Vonage Investor:

We are writing to address some of your concerns and address some misperceptions about Vonage and our intial public offering (IPO). While we share your disappointment in the first few days of trading, we at Vonage are taking a long-term view. Some key points:

· The offering was oversubscribed at the IPO price of $17 per share.

· Our Directed Share Program (DSP) is intended to reward customers who have been loyal to Vonage. As we move forward as a public company, our goal is to create value and reward Vonage stockholders. Please remember that this is only our third day of trading.

· Contrary to rumors, our management has not sold its Vonage stock. Indeed, the opposite is true as some of us have increased our positions in connection with the IPO.

· Vonage has lots of competition and others who would like to see us fail. We are confident and undeterred. We are a leading and growing provider of broadband telephone services with over 1.6 million subscriber lines as of April 1, 2006. In the first quarter of 2006, we added over 328,000 subscriber lines. Simply put, many customers like Vonage.

We hope you will take the above points under consideration and we ask for your continued support.

Vonage Investor Relations

Please click here to open the current prospectus, which is located at:
http://www.sec.gov/Archives/edgar/data/1272830/000104746906007592/a2170744z424b4.htm

Vonage Holdings Corp. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents Vonage Holdings Corp. has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-866-869-5224.

Posts: 1 · New Forum Member Joined: May 30, 2006 Posts: 1

I'm trying to see if others got the e-mail above that Rangers684 posted about the post-IPO performance of Vonage stock

Thanks,

Posts: 8 · New Forum Member Joined: May 23, 2006 Posts: 8

Did anyone else receive this letter from IR? Seems like they would need to disseminate it to everyone and I haven't seen anything on their site or with the SEC.

Posts: 17 · Vonage Forum Associate Joined: May 23, 2006 Posts: 17

It was in reply to a complaint I sent to IR about the mispricing of the IPO not a blanket e-mail to everyone

Posts: 1 · New Forum Member Joined: May 24, 2006 Posts: 1

Dakota wrote:

Did anyone else receive this letter from IR? Seems like they would need to disseminate it to everyone and I haven't seen anything on their site or with the SEC.

I also received the exact same response. Seems to be send them the standard "Bed Bug Letter"