-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IGpDxdINMaB3Y3PrJ1vaYByLHKNXjCu448203VeZcULXu7HAjhbduESW+Gxlj52V
 p2AwO605tHxhmES+peLVjQ==

<SEC-DOCUMENT>0001125282-04-002377.txt : 20040519
<SEC-HEADER>0001125282-04-002377.hdr.sgml : 20040519
<ACCEPTANCE-DATETIME>20040519172014
ACCESSION NUMBER:		0001125282-04-002377
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040508
FILED AS OF DATE:		20040519

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JPMP GLOBAL INVESTORS L P
		CENTRAL INDEX KEY:			0001281161
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819406

	MAIL ADDRESS:	
		STREET 1:		1221 AVENUE OF THE AMERICAS
		STREET 2:		40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10021

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J P MORGAN PARTNERS GLOBAL INVESTORS A LP
		CENTRAL INDEX KEY:			0001167095
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819409

	BUSINESS ADDRESS:	
		STREET 1:		1221 AVENUE OF THE AMERICAS
		STREET 2:		40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		212 899 3689

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JP MORGAN PARTNERS GLOBAL INVESTORS LP
		CENTRAL INDEX KEY:			0001162622
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819410

	BUSINESS ADDRESS:	
		STREET 1:		1221 AVENUE OF THE AMERICAS
		STREET 2:		40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		212-899-3689

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SEATTLE GENETICS INC /WA
		CENTRAL INDEX KEY:			0001060736
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				911874389
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		21823 30TH DRIVE SE
		STREET 2:		SUITE
		CITY:			BOTHELL
		STATE:			WA
		ZIP:			98021
		BUSINESS PHONE:		4255274000

	MAIL ADDRESS:	
		STREET 1:		21823 30TH DRIVE SE
		STREET 2:		SUITE
		CITY:			BOTHELL
		STATE:			WA
		ZIP:			98021

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J P MORGAN PARTNERS GLOBAL INVESTORS CAYMAN II LP
		CENTRAL INDEX KEY:			0001169889
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819407

	BUSINESS ADDRESS:	
		STREET 1:		C/O J P MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		2128993400

	MAIL ADDRESS:	
		STREET 1:		C/O J P MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J P MORGAN PARTNERS GLOBAL INVESTORS CAYMAN LP
		CENTRAL INDEX KEY:			0001169890
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819408

	BUSINESS ADDRESS:	
		STREET 1:		C/O J P MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		2128993400

	MAIL ADDRESS:	
		STREET 1:		C/O J P MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JPMP MASTER FUND MANAGER L P
		CENTRAL INDEX KEY:			0001243235
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819413

	BUSINESS ADDRESS:	
		STREET 1:		JP MORGAN PARTNERS LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		212 899-3400

	MAIL ADDRESS:	
		STREET 1:		C/O JPMORGAN PARTNERS LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JPMP CAPITAL CORP
		CENTRAL INDEX KEY:			0001243236
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819412

	BUSINESS ADDRESS:	
		STREET 1:		C/O J.P. MORGAN PARTNERS, LLC
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		212 899-3400

	MAIL ADDRESS:	
		STREET 1:		C/O JPMORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER NAME:	
		FORMER CONFORMED NAME:	JPMP CAPITAL LLC
		DATE OF NAME CHANGE:	20030618

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J P MORGAN CHASE & CO
		CENTRAL INDEX KEY:			0000019617
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819411

	BUSINESS ADDRESS:	
		STREET 1:		270 PARK AVE
		STREET 2:		39TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2122706000

	MAIL ADDRESS:	
		STREET 1:		270 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHASE MANHATTAN CORP /DE/
		DATE OF NAME CHANGE:	19960402

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHEMICAL BANKING CORP
		DATE OF NAME CHANGE:	19920703

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHEMICAL NEW YORK CORP
		DATE OF NAME CHANGE:	19880508

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JP MORGAN PARTNERS BHCA LP
		CENTRAL INDEX KEY:			0001106607
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-50266
		FILM NUMBER:		04819414

	BUSINESS ADDRESS:	
		STREET 1:		J.P. MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		2128993400

	MAIL ADDRESS:	
		STREET 1:		J.P. MORGAN PARTNERS
		STREET 2:		1221 AVENUE OF THE AMERICAS 40TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER NAME:	
		FORMER CONFORMED NAME:	CHASE EQUITY ASSOCIATES LLC
		DATE OF NAME CHANGE:	20000214
</SEC-HEADER>
<DOCUMENT>
<TYPE>3/A
<SEQUENCE>1
<FILENAME>b332174_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2004-05-08</periodOfReport>

    <dateOfOriginalSubmission>2004-05-17</dateOfOriginalSubmission>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001060736</issuerCik>
        <issuerName>SEATTLE GENETICS INC /WA</issuerName>
        <issuerTradingSymbol>SGEN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001106607</rptOwnerCik>
            <rptOwnerName>JP MORGAN PARTNERS BHCA LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>J.P. MORGAN PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243235</rptOwnerCik>
            <rptOwnerName>JPMP MASTER FUND MANAGER L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>JP MORGAN PARTNERS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243236</rptOwnerCik>
            <rptOwnerName>JPMP CAPITAL CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O J.P. MORGAN PARTNERS, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000019617</rptOwnerCik>
            <rptOwnerName>J P MORGAN CHASE &amp; CO</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>270 PARK AVE</rptOwnerStreet1>
            <rptOwnerStreet2>39TH FL</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001162622</rptOwnerCik>
            <rptOwnerName>JP MORGAN PARTNERS GLOBAL INVESTORS LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1221 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2>40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001167095</rptOwnerCik>
            <rptOwnerName>J P MORGAN PARTNERS GLOBAL INVESTORS A LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1221 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2>40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001169890</rptOwnerCik>
            <rptOwnerName>J P MORGAN PARTNERS GLOBAL INVESTORS CAYMAN LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O J P MORGAN PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FL</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001169889</rptOwnerCik>
            <rptOwnerName>J P MORGAN PARTNERS GLOBAL INVESTORS CAYMAN II LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O J P MORGAN PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>1221 AVENUE OF THE AMERICAS 40TH FL</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001281161</rptOwnerCik>
            <rptOwnerName>JPMP GLOBAL INVESTORS L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1221 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2>40TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10021</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Series A Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5120310</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-07-08</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>640039</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Series A Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>811370</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-07-08</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>101421</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Series A Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>110610</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-07-08</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>13826</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Series A Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>411820</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-07-08</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>51478</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Series A Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>45890</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2003-07-08</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5736</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">All of the outstanding shares of the Issuer's Series A Convertible Preferred Stock are convertible at the holder's option
into shares of the Issuer's common stock on a 10 to 1 basis any time after July 8, 2004. This right to convert does not
expire.</footnote>
        <footnote id="F2">The conversion price of the Series A Convertible Preferred Stock is equal to the initial purchase price divided by $2.50, as
adjusted for stock splits, stock dividends, combinations and other similar capitalizations of the Issuer's Common and
Preferred Stock. Initially, this results in a 1 for 10 conversion ratio. Each share of Series A Convertible Preferred Stock
is entitled to 0.93 votes for each share of common stock into which such share of Convertible Preferred Stock could then be
converted.</footnote>
        <footnote id="F3">The warrants entitle the holder to purchase shares of common stock at a purchase price equal to $6.25 per share.</footnote>
        <footnote id="F4">The amount shown represents the beneficial ownership of the Issuer's Series A Convertible Preferred Stock owned by J.P.
Morgan Partners Global Investors, L.P.</footnote>
        <footnote id="F5">The amount shown represents the beneficial ownership of the Issuer's Series A Convertible Preferred Stock owned by J.P.
Morgan Partners Global Investors A, L.P.</footnote>
        <footnote id="F6">The amount shown represents the beneficial ownership of the Issuer's Series A Convertible Preferred Stock owned by J.P.
Morgan Partners Global Investors (Cayman), L.P.</footnote>
        <footnote id="F7">The amount shown represents the beneficial ownership of the Issuer's Series A Convertible Preferred Stock owned by J.P.
Morgan Partners Global Investors (Cayman) II, L.P.</footnote>
        <footnote id="F8">This amendment amends the original Form 3 filing filed May 17, 2004, which stated that the Warrants became exercisable on
 July 8, 2004 rather than July 8, 2003.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Jeffrey C. Walker</signatureName>
        <signatureDate>2004-05-19</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>b332174_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
<head><title>
Prepared and filed by St Ives Burrups
</title>
</head>
<body bgcolor="#FFFFFF">  <p align="right"><font size="2" face="serif"><b>Exhibit
    99.1</b></font></p>  <table width="100%" border="1" cellpadding="3" cellspacing="0" bordercolor="#000000">
<tr valign="bottom">
<td width="19%" align="center"><font size="2" face="serif"><b>Name and Address of Reporting Person<sup>(1)</sup></b></font></td>
<td width="9%" align="center"><font size="2" face="serif"><b>Designated Reporter<sup>(1))</sup></b></font></td>
<td width="9%" align="center"><font size="2" face="serif"><b>Date of Event Requiring Statement</b></font></td>
<td width="13%" align="center"><font size="2" face="serif"><b>Issuer Name, Ticker</b></font><br>
  <font size="2" face="serif"><b>or Trading Symbol</b></font></td>
<td width="11%" align="center"><font size="2" face="serif"><b>Title and Amount of</b></font><br>
  <font size="2" face="serif"><b>Security</b></font></td>
<td width="12%" align="center"><font size="2" face="serif"><b>Title of Derivative Securities and Title and Amount of Securities Underlying Derivative Securities</b></font></td>
<td width="10%" align="center"><font size="2" face="serif"><b>Ownership Form:</b></font><br>
  <font size="2" face="serif"><b>Direct (D) or</b></font><br><font size="2" face="serif"><b>Indirect (I)</b></font></td>
<td width="10%" align="center"><font size="2" face="serif"><b>Nature of Indirect</b></font><br>
  <font size="2" face="serif"><b>Beneficial Ownership</b></font></td>
<td align="center"><font size="2" face="serif"><b>Disclaims</b></font><br>
  <font size="2" face="serif"><b>Pecuniary Interest</b></font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">JPMP Master Fund Manager, L.P.</font><br>
  <font size="2" face="serif">c/o J.P. Morgan Partners, LLC</font><br><font size="2" face="serif">1221 Avenue of the Americas &#150; 40th Floor</font><br><font size="2" face="serif">New York, NY 10020</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 1 and 2</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 1 and 2</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">I</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Explanatory</font><br>
  <font size="2" face="serif">Note 2 below</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">No</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">JPMP Capital Corp.</font><br>
  <font size="2" face="serif">c/o J.P. Morgan Partners, LLC</font><br><font size="2" face="serif">1221 Avenue of the Americas &#150; 40th Floor</font><br><font size="2" face="serif">New York, NY 10020</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">I</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Explanatory</font><br>
  <font size="2" face="serif">Note 3 below</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">No</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">J.P. Morgan Chase &amp; Co.</font><br>
  <font size="2" face="serif">270 Park Avenue</font><br><font size="2" face="serif">35<sup>th</sup> Floor</font><br><font size="2" face="serif">New York, NY 10017</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">I</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Explanatory</font><br>
  <font size="2" face="serif">Note 4 below</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">No</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">J.P. Morgan Partners, Global Investors, L.P.</font><br>
  <font size="2" face="serif">c/o J.P. Morgan Partners, LLC<br>1221 Avenue of the Americas-40<sup>th</sup> Floor</font><br><font size="2" face="serif">New York, New York 10020</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;).</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 3 and 4</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 3 and 4</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">D</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Explanatory Note 5 below</font></td>
<td align="left" valign="bottom"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">J.P. Morgan Partners, Global Investors A,  L.P.</font><br>
  <font size="2" face="serif">c/o J.P. Morgan Partners, LLC<br>1221 Avenue of the Americas-40<sup>th</sup> Floor</font><br><font size="2" face="serif">New York, New York 10020</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 5 and 6</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 5 and 6</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">D</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Explanatory Note 6 below</font></td>
<td align="left" valign="bottom"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">J.P. Morgan Partners, Global Investors (Cayman), L.P.</font><br>
  <font size="2" face="serif">c/o J.P. Morgan Partners, LLC<br>1221 Avenue of the Americas-40<sup>th</sup> Floor</font><br><font size="2" face="serif">New York, New York 10020</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 7 and 8</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 7 and 8</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">D</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Explanatory Note 7 below</font></td>
<td align="left" valign="bottom"><font size="2" face="serif">&nbsp;</font></td>
</tr>
</table>
<p align="center">&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<a name="p?"></a>
<p><a href="#contents"><font size="2">Back to Contents</font></a></p>
<br><br>
<table width="100%" border="1" cellpadding="3" cellspacing="0" bordercolor="#000000">
<tr valign="top">
<td align="left" width="19%"><font size="2" face="serif">J.P. Morgan Partners Global Investors (Cayman) II, L.P.</font><br><font size="2" face="serif">c/o J.P. Morgan Partners, LLC<br>1221 Avenue of the Americas-40<sup>th</sup> Floor</font><br><font size="2" face="serif">New York, New York 10020</font></td>
<td width="9%" align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td width="9%" align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td width="13%" align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td width="11%" align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 9 and 10</font></td>
<td width="12%" align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 9 and 10</font></td>
<td width="10%" align="center" valign="bottom"><font size="2" face="serif">D</font></td>
<td width="10%" align="left" valign="bottom"><font size="2" face="serif">See Explanatory Note 8 below</font></td>
<td align="left" valign="bottom"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">JPMP Global Investors, L.P.</font><br><font size="2" face="serif">c/o J.P. Morgan Partners, LLC<br>1221 Avenue of the Americas-40<sup>th</sup> Floor</font><br><font size="2" face="serif">New York, New York 10020</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">J.P. Morgan Partners (BHCA), L.P.</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">May 8, 2004</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">Seattle Genetics, Inc.</font><br>
  <font size="2" face="serif">(&#8220;SGEN&#8221;)</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 3-10</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">See Table II</font><br>
  <font size="2" face="serif">Rows 3-10</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">I</font></td>
<td align="left" valign="bottom"><font size="2" face="serif">See Explanatory Note 9</font></td>
<td align="center" valign="bottom"><font size="2" face="serif">No</font></td>
</tr>
</table>
<p align="left"><font size="2" face="serif">Explanatory Note:</font></p>
<table width="100%"  border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="3%" valign="top"><font size="2" face="serif">1)</font></td>
    <td><font size="2" face="serif">The Designated
        Reporter is executing this report on behalf of all Reporting Persons,
        each of whom has authorized it to do so. Each of the Reporting Persons
        disclaims beneficial ownership of the Issuer&#8217;s securities to the
    extent it exceeds such Person&#8217;s pecuniary interest.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">2)</font></td>
    <td><font size="2" face="serif">The amounts
        shown in Table II in rows 1 and 2 represent the beneficial ownership
        of the Issuer&#8217;s Series A Convertible Preferred Stock owned by J.P.
        Morgan Partners (BHCA), L.P. (&quot;JPMP BHCA&quot;), a portion of which
        may be deemed attributable to the Reporting Person because it is the
    sole general partner of JPMP BHCA.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">3)</font></td>
    <td><font size="2" face="serif">The amounts
        shown in Table II represent the beneficial ownership of the Issuer&#8217;s
        Series A Convertible Preferred Stock owned by (a) JPMP BHCA, and (b)
        J.P. Morgan Partners Global Investors, L.P., J.P. Morgan Partners Global
        Investors A, L.P., J.P. Morgan Partners Global Investors (Cayman), L.P.,
        and J.P. Morgan Partners Global Investors (Cayman) II, L.P. (collectively,
        the &#8220;JPMP Global Entities&#8221;), a portion of which may be deemed
        attributable to the Reporting Person because it is (1) the general partner
        of JPMP Master Fund Manager, L.P. (&#8220;MF Manager&#8221;), the sole
        general partner of JPMP BHCA and (2) the general partner of JPMP Global
        Investors, L.P. which is the general partner of each of the JPMP Global
        Entities (&#8220;JPMP Global Investors&#8221;). The Reporting Person
        disclaims such beneficial ownership except to the extent of its pecuniary
        interest therein which is not readily determinable because it is subject
        to several variables, including without limitation, the internal rates
        of return and vesting of interests within JPMP BHCA and the JPMP Global
    Entities. </font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">4)</font></td>
    <td><font size="2" face="serif">The amounts
        shown in Table II represent the beneficial ownership of the Issuer&#8217;s
        Series A Convertible Preferred Stock owned by JPMP BHCA and the JPMP
        Global Entities, a portion of which may be deemed attributable to J.P.
        Morgan Chase &amp; Co. because it is the sole stockholder of JPMP Capital
        Corp., the general partner of JPMP BHCA and JPMP Global Investors, the
        general partners of the JPMP Global Entities and of Chatham Ventures,
        Inc. and the limited partner of JPMP BHCA. The Reporting Person disclaims
        such beneficial ownership except to the extent of its pecuniary interest
        therein which is not readily determinable because it is subject to several
        variables, including without limitation, the internal rates of return
    and vesting of interests within JPMP BHCA and the JPMP Global Entities. </font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">5)</font></td>
    <td><font size="2" face="serif">The amount
        shown represents the beneficial ownership of the Issuer&#8217;s Series
        A Convertible Preferred Stock owned by J.P. Morgan Partners Global Investors,
    L.P.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">6)</font></td>
    <td><font size="2" face="serif">The amount
        shown represents the beneficial ownership of the Issuer&#8217;s Series
        A Convertible Preferred Stock owned by J.P. Morgan Partners Global Investors
    A, L.P.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">7)</font></td>
    <td><font size="2" face="serif">The amount
        shown represents the beneficial ownership of the Issuer&#8217;s Series
        A Convertible Preferred Stock owned by J.P. Morgan Partners Global Investors
    (Cayman), L.P.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">8)</font></td>
    <td><font size="2" face="serif">The amount
        shown represents the beneficial ownership of the Issuer&#8217;s Series
        A Convertible Preferred Stock owned by J.P. Morgan Partners Global Investors
    (Cayman) II, L.P.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font size="2" face="serif">9)</font></td>
    <td><font size="2" face="serif">The amounts
        shown in Table II in rows 3-10 represent the beneficial ownership of
        the Issuer&#8217;s Series A Convertible Preferred Stock owned by the
        JPMP Global Entities, a portion of which may be deemed attributable to
        JPMP Global Investors, L.P. because it is the general partner of each
    of the JPMP Global Entities.</font></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<p align="left"><font size="2" face="serif"></font></p>
<hr noshade align="center" width="100%" size="2">
</body>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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