SUBSCRIPTION AND CONTRIBUTION AGREEMENT BY AND AMONG WORLDCORP, INC., WORLDCORP ACQUISITION CORP., AND THE SHAREHOLDERS OF PAPER ACQUISITION CORP. NAMED HEREIN April 20, 1998 TABLE OF CONTENTS

                    SUBSCRIPTION AND CONTRIBUTION AGREEMENT

                                  BY AND AMONG

                                WORLDCORP, INC.,

                          WORLDCORP ACQUISITION CORP.,

                                      AND

                                THE SHAREHOLDERS

                           OF PAPER ACQUISITION CORP.

                                  NAMED HEREIN









                                 April 20, 1998














                                TABLE OF CONTENTS