8/21/01 (WhatTheyThink.com) According to FORM 8-K filed yesterday with the SEC, WAM!NET has secured consent from 96.6% of the $208,530,000 aggregate principal amount outstanding of the Senior Discount Notes. The consent allows the company to move forward with financing plans with Cerbus Capital Management. According to the filing, “WAM!NET Inc. (the "Company) hereby announces that the Consent Solicitation related to the Company's 13-1/4% Senior Discount Notes due 2005, expired Tuesday, August 14, 2001, at 12:00 Noon, New York City time. The record holders of approximately 96.6% of the $208,530,000 aggregate principal amount outstanding of the Senior Discount Notes, as of August 14, 2001, have consented to the amendment of the Indenture, by and between the Company and First Trust National Association, dated as of March 5, 1998, as such amendments were described in the Solicitation of Consents, dated July 20, 2001, as amended on July 30, 2001, and August 7, 2001. The amendments to the terms of the Indenture shall become operative upon the consummation of the proposed transaction between the Company and Cerberus Capital Management, L.P. and/or certain of its affiliates and designees."