EXHIBIT 99 Transit Group, Inc. Notification For Listing of Additional Shares Transaction Summary Report ORIGINAL ADJUST ADJUSTED FEE TRANSACTION TYPE SHARES FACTOR SHARES FEE PAID NOTES - ------------------------------------- --------- ------ --------- ------ ----- ------------------------------------ Approved shares at January 16, 1996 5,897,979 1.0000 5,897,979 Shares issued in private placement 3,387,187 1.0000 3,387,187 7,500 7,500 May 2, 1997 Shares issued upon conversion of 4,323,922 1.0000 4,323,922 7,500 7,500 preferred stock Shares issued in acquisition of Carolina 1,733,000 1.0000 1,733,000 7,500 7,500 Pacific Distributors, Inc. Shares issued in acquisition of Capitol 641,283 1.0000 641,283 6,413 6,413 Warehouse, Inc. Shares issued in acquisition of Service 903,226 1.0000 903,226 7,500 7,500 Express, Inc. Shares to be issued in acquisition of 4,166,667 1.0000 4,166,667 7,500 7,500 Carroll Fulmer Group, Inc. Stock to be issued for brokerage fees 79,524 1.0000 79,524 - - ------ ------ 43,913 43,913 ====== ====== Transit Group, Inc. Proforma Consolidated Statement of Stockholder's Equity June 30, 1997 COMMON COMMON ADDITIONAL TOTAL SHARES STOCK PAID-IN STOCKHOLDERS' OUTSTANDING PAR VALUE CAPITAL DEFICIT EQUITY DEFICIT ----------- --------- ----------- ------------ -------------- Stockholders' Equity at June 30, 1997 (unaudited) 11,494,780 $114,948 $27,688,307 $(33,639,010) $(5,835,755) Subsequent events: Common shares issued upon acquisition of: Carolina Pacific Distributors, Inc. 1,733,000 17,330 11,905,710 11,923,040 Service Express, Inc. 903,226 9,032 6,087,743 6,096,775 Capitol Warehouse, Inc. 641,283 6,413 4,322,247 4,328,660 ----------- --------- ----------- ------------ -------------- Pro-Forma Stockholders' Equity 14,772,289 $147,723 $50,004,007 $(33,639,010) $16,512,720 =========== ========= =========== ============ ==============