1 Thomas Weisel Partners Tech2003 Conference VeriSign Company Overview Dana Evan, CFO February 2003

2 Safe Harbor Statements in this presentation other than historical data and information, including but not limited to, statements regarding benefits of VeriSign’s restructuring and new service offerings, constitute forward- looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others: –VeriSign's limited operating history under its current business structure, –the risk that businesses of previously-acquired companies as well as other businesses will not be integrated successfully and unanticipated costs of such integration; –uncertainty of future revenue and profitability and potential fluctuations in quarterly results; –the ability of VeriSign to successfully develop and market new services and customer acceptance of any new services; –the risk that VeriSign’s announced strategic relationships may not result in additional products, services, customers and revenues; –increased competition and pricing pressures; –risk that the company may not be able to achieve anticipated cost savings from the restructuring; and –risks related to potential security breaches. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2001 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this presentation.

3 VeriSign’s Mission 5 million SMEs & consumers 5 million SMEs & consumers 4,000 enterprises 4,000 enterprises 1,000 carriers 1,000 carriers Provide the Critical Infrastructure Services That Make Commerce and Communications Possible 45+ countries $1+ billion in revenues 3,100 employees

4 Q4 ’02 Financial Performance Income Statement Revenue $275 million Exited 3 rd party product re-selling business; anticipated decline in Mass Markets business Gross margin 58% Improvement due to decrease in low-margin 3 rd party re-selling business Operating margin (pf) 17% Benefits from realization of restructuring and expense management Net income (pf) $42 million Leverage in model generated solid income EPS (pf) $0.14 Balance Sheet Cash & cash equivalents $404 million OCF of ~$80m and FCF of ~$77m A/R $134 million Reduced by $72m from Q3 and ~50% from 2001 Deferred revenue $484 million 5% anticipated decline in domain name business, additional 3% from migration of billing system

5 VeriSign Services Portfolio Payment Infrastructure Web Presence Infrastructure Security Infrastructure Telecom Infrastructure ATLAS Directory & Routing Infrastructure Web Presence Services Domain Names Web Site Security Payment Infrastructure Web Presence Infrastructure Security Infrastructure Telecom Infrastructure ATLAS Directory & Routing Infrastructure Trusted Infrastructure & Application Services Network & Security Services Authentication & Access Digital Brand Management Payment Services Web Presence Services Domain Names Web Site Security Payment Infrastructure Web Presence Infrastructure Security Infrastructure Telecom Infrastructure ATLAS Directory & Routing Infrastructure Telecom Infrastructure Services SS7 Signaling Database Services Wireless Billing Clearing & Mediation InternetInfrastructureServices Network & Security Services Authentication & Access Payment Services IP Addressing Directory Services Web Presence Services Domain Names Web Site Hosting Domain-based Transaction Infrastructure Web Presence Infrastructure Security Infrastructure Telecom Infrastructure ATLAS Directory & Routing Infrastructure 25 % 38 % 37 % Q4’02 Revenue Mix

6 Thomas Weisel Partners Tech2003 Conference VeriSign Company Overview Dana Evan, CFO February 2003