EXHIBIT 99.1 ATTRIBUTED FINANCIAL INFORMATION FOR TRACKING STOCK GROUPS Our Liberty Interactive common stock is intended to reflect the separate performance of our Interactive Group which is comprised of our businesses engaged in video and on-line commerce, including our subsidiaries, QVC, Inc., Provide Commerce, Inc., BuySeasons, Inc. and Backcountry.com, Inc. and our interests in IAC/InterActiveCorp and Expedia, Inc. Our Liberty Capital common stock is intended to reflect the separate performance of our Capital Group which is comprised of all of our assets and businesses not attributed to the Interactive Group. The following tables present our assets, liabilities, revenue, expenses and cash flows as of and for the nine months ended September 30, 2007 and 2006. The tables further present our assets, liabilities, revenue, expenses and cash flows that are attributed to the Interactive Group and the Capital Group, respectively. The financial information should be read in conjunction with our unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2007 included in this Quarterly Report on Form 10-Q. The attributed financial information presented in the tables has been prepared assuming the Restructuring had been completed as of January 1, 2006. Notwithstanding the following attribution of assets, liabilities, revenue, expenses and cash flows to the Interactive Group and the Capital Group, our tracking stock structure does not affect the ownership or the respective legal title to our assets or responsibility for our liabilities. We and our subsidiaries are each responsible for our respective liabilities. Holders of Liberty Interactive common stock and Liberty Capital common stock are holders of our common stock and are subject to risks associated with an investment in our company and all of our businesses, assets and liabilities. The issuance of Liberty Interactive common stock and Liberty Capital common stock does not affect the rights of our creditors or creditors of our subsidiaries. 1 SUMMARY ATTRIBUTED FINANCIAL DATA INTERACTIVE GROUP

SEPTEMBER 30, DECEMBER 31, 2007 2006 -------------- ------------- AMOUNTS IN MILLIONS SUMMARY BALANCE SHEET DATA: Current assets.............................................. $ 2,778 2,984 Cost investments............................................ $ 2,300 2,572 Equity investments.......................................... $ 1,312 1,358 Total assets................................................ $19,390 19,820 Long-term debt, including current portion................... $ 7,067 6,383 Long-term deferred income tax liabilities................... $ 2,790 3,057 Attributed net assets....................................... $ 7,949 8,561

THREE MONTHS NINE MONTHS ENDED ENDED SEPTEMBER 30, SEPTEMBER 30, ------------------- ------------------- 2007 2006 2007 2006 -------- -------- -------- -------- AMOUNTS IN MILLIONS SUMMARY OPERATIONS DATA: Revenue..................................................... $ 1,760 1,693 5,322 5,016 Cost of sales............................................... (1,115) (1,063) (3,337) (3,117) Operating expenses.......................................... (148) (142) (440) (415) Selling, general and administrative expenses(1)............. (141) (116) (436) (406) Depreciation and amortization............................... (135) (122) (397) (367) ------- ------ ------ ------ Operating income........................................ 221 250 712 711 Interest expense............................................ (121) (108) (340) (298) Other income, net........................................... 39 25 115 95 Income tax expense.......................................... (55) (45) (196) (167) Minority interests in earnings of subsidiaries.............. (6) (8) (20) (26) ------- ------ ------ ------ Earnings before cumulative effect of accounting change.... 78 114 271 315 Cumulative effect of accounting change, net of taxes........ -- -- -- (87) ------- ------ ------ ------ Net earnings............................................ $ 78 114 271 228 ======= ====== ====== ======

- ------------------------ (1) Includes stock-based compensation of $7 million and $(7) million for the three months ended September 30, 2007 and 2006, respectively; and $29 million and $37 million for the nine months ended September 30, 2007 and 2006, respectively. 2 SUMMARY ATTRIBUTED FINANCIAL DATA CAPITAL GROUP

SEPTEMBER 30, DECEMBER 31, 2007 2006 -------------- ------------- AMOUNTS IN MILLIONS SUMMARY BALANCE SHEET DATA: Current assets.............................................. $ 3,628 3,776 Cost investments............................................ $17,507 19,050 Equity investments.......................................... $ 513 484 Total assets................................................ $28,205 27,849 Long-term debt, including current portion................... $ 4,747 2,640 Long-term deferred income tax liabilities................... $ 6,271 6,604 Attributed net assets....................................... $12,882 13,072

THREE MONTHS NINE MONTHS ENDED ENDED SEPTEMBER 30, SEPTEMBER 30, ------------------- ------------------- 2007 2006 2007 2006 -------- -------- -------- -------- AMOUNTS IN MILLIONS SUMMARY OPERATIONS DATA: Revenue..................................................... $ 491 323 1,245 926 Operating expenses.......................................... (331) (227) (857) (660) Selling, general and administrative expenses(1)............. (100) (85) (282) (193) Depreciation and amortization............................... (41) (25) (102) (67) Impairment of long-lived assets............................. (41) -- (41) -- ----- ---- ----- ---- Operating income (loss)................................. (22) (14) (37) 6 Interest expense............................................ (52) (69) (128) (187) Realized and unrealized gains (losses) on financial instruments, net.......................................... 398 (78) 493 74 Gain on dispositions, net................................... 2 25 625 352 Other income, net........................................... 71 50 174 134 Income tax benefit (expense)................................ (160) 32 151 (86) Minority interests in losses (earnings) of subsidiaries..... 4 3 (1) 6 ----- ---- ----- ---- Earnings (loss) from continuing operations................ 241 (51) 1,277 299 Earnings (loss) from discontinued operations, net of taxes..................................................... -- -- 149 (10) Cumulative effect of accounting change, net of taxes........ -- -- -- (2) ----- ---- ----- ---- Net earnings (loss)..................................... $ 241 (51) 1,426 287 ===== ==== ===== ====

- ------------------------ (1) Includes stock-based compensation of $10 million and $2 million for the three months ended September 30, 2007 and 2006, respectively; and $28 million and $9 million for the nine months ended September 30, 2007 and 2006, respectively. 3 BALANCE SHEET INFORMATION SEPTEMBER 30, 2007 (UNAUDITED)

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP ELIMINATIONS LIBERTY ----------- -------- ------------ ------------ AMOUNTS IN MILLIONS ASSETS Current assets: Cash and cash equivalents........................... $ 718 2,371 -- 3,089 Trade and other receivables, net.................... 865 420 -- 1,285 Inventory, net...................................... 1,015 -- -- 1,015 Program rights...................................... -- 589 -- 589 Financial instruments (note 2)...................... -- 169 -- 169 Current deferred tax assets......................... 124 -- (124) -- Other current assets................................ 56 79 (6) 129 ------- ------ ---- ------ Total current assets.............................. 2,778 3,628 (130) 6,276 ------- ------ ---- ------ Investments in available-for-sale securities and other cost investments.................................... 2,300 17,507 -- 19,807 Long-term financial instruments (note 2).............. 18 1,208 -- 1,226 Investments in affiliates, accounted for using the equity method....................................... 1,312 513 -- 1,825 Investment in special purpose entity.................. -- 750 -- 750 Property and equipment, net........................... 1,058 280 -- 1,338 Goodwill.............................................. 5,854 2,054 -- 7,908 Trademarks............................................ 2,470 20 -- 2,490 Intangible assets subject to amortization, net........ 3,556 376 -- 3,932 Other assets, at cost, net of accumulated amortization........................................ 44 1,869 -- 1,913 ------- ------ ---- ------ Total assets...................................... $19,390 28,205 (130) 47,465 ======= ====== ==== ====== LIABILITIES AND EQUITY Current liabilities: Accounts payable.................................... $ 554 32 -- 586 Accrued interest.................................... 63 46 -- 109 Other accrued liabilities........................... 537 455 -- 992 Intergroup payable (receivable)..................... 7 (7) -- -- Financial instruments (note 2)...................... 5 1,371 -- 1,376 Current portion of debt (note 3).................... 24 184 -- 208 Current deferred tax liabilities.................... -- 220 (124) 96 Other current liabilities........................... 25 27 -- 52 ------- ------ ---- ------ Total current liabilities......................... 1,215 2,328 (124) 3,419 ------- ------ ---- ------ Long-term debt (note 3)............................... 7,043 4,563 -- 11,606 Long-term financial instruments (note 2).............. 29 132 -- 161 Deferred income tax liabilities (note 5).............. 2,790 6,271 -- 9,061 Other liabilities..................................... 268 1,234 (6) 1,496 ------- ------ ---- ------ Total liabilities................................. 11,345 14,528 (130) 25,743 Minority interests in equity of subsidiaries.......... 96 795 -- 891 Equity/Attributed net assets.......................... 7,949 12,882 -- 20,831 ------- ------ ---- ------ Total liabilities and equity...................... $19,390 28,205 (130) 47,465 ======= ====== ==== ======

4 STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION THREE MONTHS ENDED SEPTEMBER 30, 2007 (UNAUDITED)

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP LIBERTY ----------- -------- ------------ AMOUNTS IN MILLIONS Revenue: Net retail sales.......................................... $1,760 -- 1,760 Communications and programming services................... -- 491 491 ------ ---- ----- 1,760 491 2,251 ------ ---- ----- Operating costs and expenses: Cost of sales............................................. 1,115 -- 1,115 Operating................................................. 148 331 479 Selling, general and administrative (including stock-based compensation of $7 million and $10 million for Interactive Group and Capital Group, respectively (notes 1 and 4)................................................ 141 100 241 Depreciation and amortization............................. 135 41 176 Impairment of long-lived assets........................... -- 41 41 ------ ---- ----- 1,539 513 2,052 ------ ---- ----- Operating income (loss)................................. 221 (22) 199 Other income (expense): Interest expense.......................................... (121) (52) (173) Dividend and interest income.............................. 11 96 107 Share of earnings (losses) of affiliates, net............. 22 (23) (1) Realized and unrealized gains on financial instruments, net..................................................... 2 398 400 Gains on dispositions, net................................ -- 2 2 Other, net................................................ 4 (2) 2 ------ ---- ----- (82) 419 337 ------ ---- ----- Earnings before income taxes and minority interests..... 139 397 536 Income tax expense (note 5)................................. (55) (160) (215) Minority interests in losses (earnings) of subsidiaries..... (6) 4 (2) ------ ---- ----- Net earnings............................................ $ 78 241 319 ------ ---- ----- Other comprehensive earnings (loss), net of taxes: Foreign currency translation adjustments.................. 61 7 68 Unrealized holding losses arising during the period....... (217) (53) (270) Recognition of previously unrealized gains on available-for-sale securities, net...................... -- (1) (1) ------ ---- ----- Other comprehensive loss.............................. (156) (47) (203) ------ ---- ----- Comprehensive earnings (loss)....................... $ (78) 194 116 ====== ==== =====

5 STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION THREE MONTHS ENDED SEPTEMBER 30, 2006

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP LIBERTY ----------- -------- ------------ AMOUNTS IN MILLIONS Revenue: Net retail sales.......................................... $1,693 -- 1,693 Communications and programming services................... -- 323 323 ------ ---- ----- 1,693 323 2,016 ------ ---- ----- Operating costs and expenses: Cost of sales--electronic retailing services.............. 1,063 -- 1,063 Operating................................................. 142 227 369 Selling, general and administrative (including stock-based compensation of $(7) million and $2 million for Interactive Group and Capital Group, respectively) (notes 1 and 4)......................................... 116 85 201 Depreciation and amortization............................. 122 25 147 ------ ---- ----- 1,443 337 1,780 ------ ---- ----- Operating income (loss)................................. 250 (14) 236 Other income (expense): Interest expense.......................................... (108) (69) (177) Dividend and interest income.............................. 10 61 71 Share of earnings (losses) of affiliates, net............. 8 (5) 3 Realized and unrealized gains (losses) on financial instruments, net........................................ 5 (78) (73) Gains on dispositions of assets, net...................... -- 25 25 Nontemporary declines in fair value of investments........ -- (4) (4) Other, net................................................ 2 (2) -- ------ ---- ----- (83) (72) (155) ------ ---- ----- Earnings (loss) from continuing operations before income taxes and minority interests.......................... 167 (86) 81 Income tax benefit (expense) (note 5)....................... (45) 32 (13) Minority interests in losses (earnings) of subsidiaries..... (8) 3 (5) ------ ---- ----- Net earnings (loss)..................................... $ 114 (51) 63 ------ ---- ----- Other comprehensive earnings (loss), net of taxes: Foreign currency translation adjustments.................. (11) -- (11) Unrealized holding gains arising during the period........ 57 392 449 Recognition of previously unrealized gains on available-for-sale securities, net...................... -- (10) (10) ------ ---- ----- Other comprehensive earnings.......................... 46 382 428 ------ ---- ----- Comprehensive earnings.............................. $ 160 331 491 ====== ==== =====

6 STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION NINE MONTHS ENDED SEPTEMBER 30, 2007 (UNAUDITED)

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP LIBERTY ----------- -------- ------------ AMOUNTS IN MILLIONS Revenue: Net retail sales.......................................... $5,322 -- 5,322 Communications and programming services................... -- 1,245 1,245 ------ ----- ----- 5,322 1,245 6,567 ------ ----- ----- Operating costs and expenses: Cost of sales............................................. 3,337 -- 3,337 Operating................................................. 440 857 1,297 Selling, general and administrative (including stock-based compensation of $29 million and $28 million for Interactive Group and Capital Group, respectively (notes 1 and 4)................................................ 436 282 718 Depreciation and amortization............................. 397 102 499 Impairment of long-lived assets........................... -- 41 41 ------ ----- ----- 4,610 1,282 5,892 ------ ----- ----- Operating income (loss)................................. 712 (37) 675 Other income (expense): Interest expense.......................................... (340) (128) (468) Dividend and interest income.............................. 34 212 246 Share of earnings (losses) of affiliates, net............. 61 (37) 24 Realized and unrealized gains on financial instruments, net..................................................... -- 493 493 Gains on dispositions, net................................ 12 625 637 Other, net................................................ 8 (1) 7 ------ ----- ----- (225) 1,164 939 ------ ----- ----- Earnings from continuing operations before income taxes and minority interests................................ 487 1,127 1,614 Income tax benefit (expense) (note 5)....................... (196) 151 (45) Minority interests in earnings of subsidiaries.............. (20) (1) (21) ------ ----- ----- Earnings from continuing operations..................... 271 1,277 1,548 Earnings from discontinued operations, net of taxes......... -- 149 149 ------ ----- ----- Net earnings............................................ $ 271 1,426 1,697 ------ ----- ----- Other comprehensive earnings (loss), net of taxes: Foreign currency translation adjustments.................. 82 8 90 Unrealized holding losses arising during the period....... (250) (67) (317) Recognition of previously unrealized gains on available-for-sale securities, net...................... -- (397) (397) ------ ----- ----- Other comprehensive loss.............................. (168) (456) (624) ------ ----- ----- Comprehensive earnings.............................. $ 103 970 1,073 ====== ===== =====

7 STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION NINE MONTHS ENDED SEPTEMBER 30, 2006

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP LIBERTY ----------- -------- ------------ AMOUNTS IN MILLIONS Revenue: Net sales from electronic retailing....................... $5,016 -- 5,016 Communications and programming services................... -- 926 926 ------ ----- ----- 5,016 926 5,942 ------ ----- ----- Operating costs and expenses: Cost of sales--electronic retailing services.............. 3,117 -- 3,117 Operating................................................. 415 660 1,075 Selling, general and administrative (including stock-based compensation of $37 million and $9 million for Interactive Group and Capital Group, respectively) (notes 1 and 4)......................................... 406 193 599 Depreciation and amortization............................. 367 67 434 ------ ----- ----- 4,305 920 5,225 ------ ----- ----- Operating income........................................ 711 6 717 Other income (expense): Interest expense.......................................... (298) (187) (485) Dividend and interest income.............................. 29 137 166 Share of earnings of affiliates, net...................... 29 3 32 Realized and unrealized gains on financial instruments, net..................................................... 22 74 96 Gains on dispositions of assets, net...................... -- 352 352 Nontemporary declines in fair value of investments........ -- (4) (4) Other, net................................................ 15 (2) 13 ------ ----- ----- (203) 373 170 ------ ----- ----- Earnings from continuing operations before income taxes and minority interests................................ 508 379 887 Income tax expense (note 5)................................. (167) (86) (253) Minority interests in losses (earnings) of subsidiaries..... (26) 6 (20) ------ ----- ----- Earnings from continuing operations..................... 315 299 614 Loss from discontinued operations, net of taxes............. -- (10) (10) Cumulative effect of accounting change, net of taxes........ (87) (2) (89) ------ ----- ----- Net earnings............................................ $ 228 287 515 ------ ----- ----- Other comprehensive earnings (loss), net of taxes: Foreign currency translation adjustments.................. 67 -- 67 Unrealized holding gains (losses) arising during the period.................................................. (24) 1,375 1,351 Recognition of previously unrealized gains on available-for-sale securities, net...................... -- (25) (25) Other comprehensive earnings from discontinued operations.............................................. -- 1 1 ------ ----- ----- Other comprehensive earnings.......................... 43 1,351 1,394 ------ ----- ----- Comprehensive earnings.............................. $ 271 1,638 1,909 ====== ===== =====

8 STATEMENT OF CASH FLOWS INFORMATION NINE MONTHS ENDED SEPTEMBER 30, 2007 (UNAUDITED)

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP LIBERTY ----------- -------- ------------ AMOUNTS IN MILLIONS Cash flows from operating activities: Net earnings.............................................. $ 271 1,426 1,697 Adjustments to reconcile net earnings to net cash provided by operating activities: Earnings from discontinued operations................... -- (149) (149) Depreciation and amortization........................... 397 102 499 Impairment of long-lived assets......................... -- 41 41 Stock-based compensation................................ 29 28 57 Payments of stock-based compensation.................... (35) (3) (38) Noncash interest expense................................ 4 3 7 Share of losses (earnings) of affiliates, net........... (61) 37 (24) Realized and unrealized gains on financial instruments, net................................................... -- (493) (493) Gains on disposition of assets, net..................... (12) (625) (637) Minority interests in earnings of subsidiaries.......... 20 1 21 Intergroup tax payments................................. (248) 248 -- Other intergroup cash transfers, net.................... (15) 15 -- Deferred income tax expense (benefit)................... (104) 30 (74) Other noncash charges (credits), net.................... (8) 48 40 Changes in operating assets and liabilities, net of the effects of acquisitions: Current assets........................................ (23) (222) (245) Payables and other current liabilities................ 79 (90) (11) ----- ------ ------ Net cash provided by operating activities........... 294 397 691 ----- ------ ------ Cash flows from investing activities: Cash proceeds from dispositions........................... 12 465 477 Net payments for settlement of financial instruments...... -- (66) (66) Cash paid for acquisitions, net of cash acquired.......... (120) (6) (126) Cash received in exchange transactions.................... -- 1,154 1,154 Capital expended for property and equipment............... (236) (18) (254) Net purchases of short term investments................... -- (215) (215) Investments in and loans to cost and equity investees..... (11) (80) (91) Investment in special purpose entity...................... -- (750) (750) Net increase in restricted cash........................... -- (735) (735) Other investing activities, net........................... (24) 13 (11) ----- ------ ------ Net cash used by investing activities............... (379) (238) (617) ----- ------ ------ Cash flows from financing activities: Borrowings of debt........................................ 860 752 1,612 Repayments of debt........................................ (187) (164) (351) Repurchases of Liberty common stock....................... (821) (1,305) (2,126) Contribution from minority owner.......................... -- 751 751 Other financing activities, net........................... (5) 16 11 ----- ------ ------ Net cash provided (used) by financing activities.... (153) 50 (103) ----- ------ ------ Effect of foreign currency rates on cash.................... 10 -- 10 ----- ------ ------ Net cash provided to discontinued operations: Cash provided by operating activities..................... -- 8 8 Cash used by investing activities......................... -- (9) (9) Cash provided by financing activities..................... -- -- -- Change in available cash held by discontinued operations.............................................. -- 2 2 ----- ------ ------ Net cash provided by discontinued operations........ -- 1 1 ----- ------ ------ Net increase (decrease) in cash and cash equivalents....................................... (228) 210 (18) Cash and cash equivalents at beginning of period.... 946 2,161 3,107 ----- ------ ------ Cash and cash equivalents at end period............. $ 718 2,371 3,089 ===== ====== ======

9 STATEMENT OF CASH FLOWS INFORMATION NINE MONTHS ENDED SEPTEMBER 30, 2006

ATTRIBUTED (NOTE 1) ---------------------- INTERACTIVE CAPITAL CONSOLIDATED GROUP GROUP LIBERTY ----------- -------- ------------ AMOUNTS IN MILLIONS Cash flows from operating activities: Net earnings.............................................. $ 228 287 515 Adjustments to reconcile net earnings to net cash provided by operating activities: Loss from discontinued operations....................... -- 10 10 Cumulative effect of accounting change.................. 87 2 89 Depreciation and amortization........................... 367 67 434 Stock-based compensation................................ 37 9 46 Payments of stock-based compensation.................... (105) (4) (109) Noncash interest expense................................ 3 78 81 Share of earnings of affiliates, net.................... (29) (3) (32) Realized and unrealized gains on financial instruments, net................................................... (22) (74) (96) Gains on disposition of assets, net..................... -- (352) (352) Nontemporary declines in fair value of investments...... -- 4 4 Minority interests in earnings (losses) of subsidiaries.......................................... 26 (6) 20 Deferred income tax expense (benefit)................... (112) 16 (96) Other noncash charges (credits), net.................... (13) 44 31 Changes in operating assets and liabilities, net of the effects of acquisitions: Current assets........................................ (66) (154) (220) Payables and other current liabilities................ (164) 425 261 ------ ----- ------ Net cash provided by operating activities........... 237 349 586 ------ ----- ------ Cash flows from investing activities: Cash proceeds from dispositions........................... -- 925 925 Net proceeds from settlement of derivatives............... -- 330 330 Cash paid for acquisitions, net of cash acquired.......... (436) (430) (866) Capital expended for property and equipment............... (170) (12) (182) Net sales (purchases) of short term investments........... 23 (11) 12 Investments in and loans to cost and equity investees..... (5) (173) (178) Repurchases of subsidiary common stock.................... (314) -- (314) Other investing activities, net........................... (9) 70 61 ------ ----- ------ Net cash provided (used) by investing activities.... (911) 699 (212) ------ ----- ------ Cash flows from financing activities: Borrowings of debt........................................ 2,376 1 2,377 Repayments of debt........................................ (1,381) (2) (1,383) Repurchases of Liberty common stock....................... (731) -- (731) Intergroup cash transfers, net............................ 293 (293) -- Other financing activities, net........................... 71 (75) (4) ------ ----- ------ Net cash provided (used) by financing activities.... 628 (369) 259 ------ ----- ------ Effect of foreign currency rates on cash.................... 11 -- 11 ------ ----- ------ Net cash provided by discontinued operations: Cash provided by operating activities..................... -- 61 61 Cash used by investing activities......................... -- (58) (58) Cash provided by financing activities..................... -- 4 4 Change in available cash held by discontinued operations.............................................. -- (5) (5) ------ ----- ------ Net cash provided by discontinued operations........ -- 2 2 ------ ----- ------ Net increase (decrease) in cash and cash equivalents....................................... (35) 681 646 Cash and cash equivalents at beginning of period.... 945 951 1,896 ------ ----- ------ Cash and cash equivalents at end period............. $ 910 1,632 2,542 ====== ===== ======

10 NOTES TO ATTRIBUTED FINANCIAL INFORMATION (UNAUDITED) (1) The assets attributed to our Interactive Group as of September 30, 2007 include our consolidated subsidiaries QVC, Inc., Provide Commerce, Inc., BuySeasons, Inc. and Backcountry.com, Inc., and our interests in IAC/InterActiveCorp, GSI Commerce, Inc. and Expedia, Inc. Accordingly, the accompanying attributed financial information for the Interactive Group includes our investments in IAC/InterActiveCorp, Expedia and GSI, as well as the assets, liabilities, revenue, expenses and cash flows of QVC, Provide, BuySeasons and Backcountry. We have also attributed certain of our debt obligations (and related interest expense) to the Interactive Group based upon a number of factors, including the cash flow available to the Interactive Group and its ability to pay debt service and our assessment of the optimal capitalization for the Interactive Group. The specific debt obligations attributed to each of the Interactive Group and the Capital Group are described in note 3 below. In addition, we have allocated certain corporate general and administrative expenses between the Interactive Group and the Capital Group as described in note 4 below. The Interactive Group focuses on video and on-line commerce businesses. Accordingly, we expect that businesses that we may acquire in the future that we believe are complementary to this strategy will also be attributed to the Interactive Group. The Capital Group consists of all of our businesses not included in the Interactive Group, including our consolidated subsidiaries Starz Entertainment, LLC, Starz Media, LLC, FUN Technologies, Inc., Atlanta National League Baseball Club, Inc., Leisure Arts, Inc., TruePosition, Inc. and WFRV and WJMN Television Station, Inc. and our cost and equity investments in GSN, LLC, WildBlue Communications, Inc. and others. Accordingly, the accompanying attributed financial information for the Capital Group includes these investments and the assets, liabilities, revenue, expenses and cash flows of these consolidated subsidiaries. In addition, we have attributed to the Capital Group all of our notes and debentures (and related interest expense) that have not been attributed to the Interactive Group. See note 3 below for the debt obligations attributed to the Capital Group. Any businesses that we may acquire in the future that are not attributed to the Interactive Group will be attributed to the Capital Group. While we believe the allocation methodology described above is reasonable and fair to each group, we may elect to change the allocation methodology in the future. In the event we elect to transfer assets or businesses from one group to the other, such transfer would be made on a fair value basis and would be accounted for as a short-term loan unless our board of directors determines to account for it as a long-term loan or through an inter-group interest. (2) Financial instruments attributed to the Interactive Group are comprised of QVC's interest rate swap agreements and total return bond swaps that are related to the parent company debt attributed to the Interactive Group. 11 NOTES TO ATTRIBUTED FINANCIAL INFORMATION (CONTINUED) (UNAUDITED) (3) Debt attributed to the Interactive Group and the Capital Group is comprised of the following:

SEPTEMBER 30, 2007 ---------------------- OUTSTANDING CARRYING PRINCIPAL VALUE ----------- -------- AMOUNTS IN MILLIONS Interactive Group 7.875% Senior Notes due 2009.......................... $ 670 667 7.75% Senior Notes due 2009........................... 233 234 5.7% Senior Notes due 2013............................ 802 801 8.5% Senior Debentures due 2029....................... 500 495 8.25% Senior Debentures due 2030...................... 902 895 QVC bank credit facilities............................ 3,900 3,900 Other subsidiary debt................................. 75 75 ------- ------ Total Interactive Group debt........................ 7,082 7,067 ------- ------ Capital Group 0.75% Senior Exchangeable Debentures due 2023......... 1,750 1,921 4% Senior Exchangeable Debentures due 2029............ 869 565 3.75% Senior Exchangeable Debentures due 2030......... 810 474 3.5% Senior Exchangeable Debentures due 2031.......... 501 489 3.25% Senior Exchangeable Debentures due 2031......... 551 452 Liberty bank facility................................. 750 750 Subsidiary debt....................................... 96 96 ------- ------ Total Capital Group debt............................ 5,327 4,747 ------- ------ Total debt.............................................. $12,409 11,814 ======= ======

(4) Cash compensation expense for our corporate employees has been allocated between the Interactive Group and the Capital Group based on the estimated percentage of time spent providing services for each group. Stock-based compensation expense for our corporate employees has been allocated between the Interactive Group and the Capital Group based on the compensation derived from the equity awards for the respective tracking stock. Other general and administrative expenses are charged directly to the groups whenever possible and are otherwise allocated based on estimated usage or some other reasonably determined methodology. Amounts allocated from the Capital Group to the Interactive Group for the nine months ended September 30, 2007 and 2006 were $13 million and $10 million, respectively. While we believe that this allocation method is reasonable and fair to each group, we may elect to change the allocation methodology or percentages used to allocate general and administrative expenses in the future. (5) We have accounted for income taxes for the Interactive Group and the Capital Group in the accompanying attributed financial information in a manner similar to a stand-alone company basis. To the extent this methodology differs from our tax sharing policy, differences have been reflected in the attributed net assets of the groups. (6) The Liberty Interactive Stock and the Liberty Capital Stock have voting and conversion rights under our amended charter. Following is a summary of those rights. Holders of Series A common stock of each group are entitled to one vote per share and holders of Series B common stock of each group are entitled to ten votes per share. Holders of Series C common stock of each group, if 12 NOTES TO ATTRIBUTED FINANCIAL INFORMATION (CONTINUED) (UNAUDITED) issued, will be entitled to 1/100th of a vote per share in certain limited cases and will otherwise not be entitled to vote. In general, holders of Series A and Series B common stock vote as a single class. In certain limited circumstances, the board may elect to seek the approval of the holders of only Series A and Series B Liberty Interactive Stock or the approval of the holders of only Series A and Series B Liberty Capital Stock. At the option of the holder, each share of Series B common stock is convertible into one share of Series A common stock of the same group. At the discretion of our board, Liberty Interactive Stock may be converted into Liberty Capital Stock at any time following the first anniversary of the restructuring. In addition, following certain group dispositions and subject to certain limitations, Liberty Capital Stock may be converted into Liberty Interactive Stock, and Liberty Interactive Stock may be converted into Liberty Capital Stock. 13