SOLO SERVE CORP 4

4 · SOLO SERVE CORP · Filed Apr 14, 1998

Form 4

Period: 1998-03-31

Transactions

Footnotes (5)

[1]- All securities covered by this statement are owned directly by General Atlantic Corporation ("GAC"). The reporting person owns, indirectly, all of the voting securities of GAC. The reporting person states that this filing on Form 4 shall not be deemed an admission that it is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any of the securities covered by this statement.
[2]- GAC sold 1,390,000 shares of Common Stock to the underwriters of Solo Serve Corporation's initial public offering on May 2, 1992.
[3]- Solo Serve Corporation Common Stock reverse split 1-for-2 on July 18, 1995, resulting in a decrease in the number of shares held by 1,255,000.
[4]- The purchase price was paid by a non-recourse promissory note of the purchaser to GAC, payable in five equal annual installments of principal with interest at the fixed rate of 7%.
[5]- The purchase price was paid by non-recourse promissory notes from the purchasers to GAC, payable in five equal annual installments of principal with interest at a fixed rate of 7%, secured by a pledge of the securities sold. ** Intentional misstatements or omissions of /s/ Exeter Associates Limited April 9, 1998 facts constitute Federal Criminal -------------------------------------------- ------------------------------ Violations **

Documents

1 file