JENKENS & GILCHRIST PARKER CHAPIN LLP THE CHRYSLER BUILDING AUSTIN, TEXAS 405 LEXINGTON AVENUE (512) 499-3800 NEW YORK, NEW YORK 10174 CHICAGO, ILLINOIS (312) 425-3900 (212) 704-6000 DALLAS, TEXAS FACSIMILE (212) 704-6288 (214) 855-4500 HOUSTON, TEXAS www.jenkens.com (713) 951-3300 LOS ANGELES, CALIFORNIA (310) 820-8800 SAN ANTONIO, TEXAS (210) 246-5000 WASHINGTON, D.C. (202) 326-1500 June 12, 2001 SmartServ Online, Inc. One Station Place Stamford, CT 06902 Gentlemen: We have acted as counsel for SmartServ Online, Inc., a Delaware corporation (the "Company"), in connection with its Registration Statement on Form SB-2 (the "Registration Statement") filed with the Securities and Exchange Commission (the "Commission") relating to the registration of 841,224 shares of Common Stock, par value $0.01 per share (the "Shares"), of which 548,270 shares are outstanding and 292,954 shares are issuable upon exercise of warrants granted by the Company (the "Warrants"). In connection with the foregoing, we have examined, among other things, the Registration Statement, the Warrants and originals or copies, satisfactory to us, of all such corporate records and of all such other agreements, certificates and documents as we have deemed relevant and necessary as a basis for the opinion hereinafter expressed. In such examination, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals and the conformity with the original documents of documents submitted to us as copies. As to any facts material to such opinion, we have, to the extent that relevant facts were not independently established by us, relied on certificates of public officials and certificates, oaths and declarations of officers or other representatives of the Company. Based upon and subject to the foregoing, we are of the opinion that the 548,270 outstanding Shares being registered pursuant to the Registration Statement are validly issued, fully paid and non-assessable and the 292,954 Shares issuable upon exercise of the Warrants will be, when issued pursuant to the terms and provisions of the respective Warrants, validly issued, fully paid and non-assessable. We hereby consent to the use of our name under the caption "Legal Matters" in the Prospectus constituting a part of the Registration Statement and to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended (the "Act"), the rules and regulations of the Commission promulgated thereunder or Item 509 of Regulation S-B promulgated under the Act. Very truly yours, /s/ Jenkens & Gilchrist Parker Chapin LLP Jenkens & Gilchrist Parker Chapin LLP