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Exhibit 12(a)
NOTICE
TO HOLDERS OF VIANET TECHNOLOGIES, INC.
CLASS A COMMON SHARE PURCHASE WARRANTS
CLASS B COMMON SHARE PURCHASE WARRANTS
CLASS C COMMON SHARE PURCHASE WARRANTS
November 10, 2000
Dear Shareholder:
Vianet Technologies, Inc. is hereby extending its offer, to
November 20, 2000, to purchase class A, B, and C common stock purchase warrants
of the Company, either currently outstanding or issuable upon exercise of
outstanding warrants, to (a) reduce the exercise price of 100% of the class A
common stock purchase warrants from $1.53 to $0.01, and to reduce the exercise
price of 50% of the class B common stock purchase warrants from $1.91 to $0.01;
in consideration of (b) the holders of such securities agreeing to (i) exercise
100% of the reduced price class A and B common stock purchase warrants, and (ii)
cancel the remaining class B and C common stock purchase warrants which they
currently hold or one entitled to receive, upon the terms and conditions set
forth in the Notice to Shareholders dated October 20, 2000. If you have any
questions please contact the undersigned.
Sincerely,
----------------------
Peter Leighton
President
