Liberty Media Corporation

For purposes of the summary below, “Old Liberty” refers to Liberty Media Corporation (including its predecessors) which changed its name to Liberty Interactive Corporation on September 22, 2011. “New Liberty” refers to Liberty CapStarz, Inc. which changed its name to Liberty Media Corporation on September 22, 2011.

March 28, 1991

Old Liberty trades publicly for the first time on NASDAQ under the symbols LBTYA and LBTYB.

August 4, 1994

Old Liberty merges with Tele-Communications, Inc.

August 10, 1995

Tele-Communications, Inc. issues Liberty Media Group tracking stock to stockholders. The tracking stock trades on NASDAQ under the same symbols LBTYA and LBTYB.

November 19, 1998

Tele-Communications International, Inc. (NASDAQ: TINTA/B) merges with Liberty Media Group.

March 9, 1999

TCI Ventures, Inc. (NASDAQ: TCIVA/B) merges with Liberty Media Group.

March 9, 1999

Tele-Communications, Inc. and AT&T merge. As a result, Liberty Media Group becomes a tracking stock of AT&T. Liberty Media Group tracking stock begins trading on the New York Stock Exchange under the symbols LMG.A and LMG.B.

August 10, 2001

Old Liberty splits from AT&T and begins trading as a separate company on the New York Stock Exchange under the symbols LMC.A and LMC.B.

January 1, 2002

Old Liberty Series A common stock begins trading on the New York Stock Exchange under the symbol L. Old Liberty Series B common stock continues to trade under the symbol LMC.B.

July 1, 2003

Old Liberty and Ascent Media Group, Inc. (NASDAQ: AMGIA) (formerly known as Liberty Livewire Corporation) merge.

November 12, 2003

Old Liberty and Liberty Satellite & Technology, Inc. (OTC Bulletin Board: LSTTA/B) merge.

June 7, 2004

Old Liberty completes the spin-off of its international businesses into a separately traded company, Liberty Media International, Inc. (NASDAQ: LBTYA/B). The stock of Liberty Media International, Inc. is distributed to existing Old Liberty stockholders as a dividend.

July 21, 2005

Old Liberty completes the spin-off of its ownership in Ascent Media Group, Inc. and Discovery Communications, Inc. into a separately traded company, Discovery Holding Company (NASDAQ: DISCA/B). The stock of Discovery Holding Company is distributed to existing Old Liberty stockholders as a dividend.

May 9, 2006

Old Liberty completes its restructuring and issues two new tracking stocks, Liberty Capital Group and Liberty Interactive Group (NASDAQ: LCAPA/B and LINTA/B, respectively).

March 4, 2008

Old Liberty completes its reclassification of the Liberty Capital Group tracking stock and issues a new tracking stock for the Liberty Entertainment Group (NASDAQ: LMDIA/B).

November 20, 2009

Old Liberty completes the split-off of Liberty Entertainment, Inc. and business combination with DIRECTV (NASDAQ: DTV). The remaining businesses, assets and liabilities not held by Liberty Entertainment, Inc. remain with Old Liberty and are redesignated as the Liberty Starz Group (NASDAQ: LSTZA/B).

September 23, 2011

Old Liberty completes the split-off of New Liberty, which held the businesses, assets and liabilities formerly attributed to Old Liberty’s Liberty Capital Group and Liberty Starz Group.

November 28, 2011

New Liberty completes the elimination of its tracking stock structure by converting each share of its Liberty Starz common stock into 0.88129 of a share of the corresponding series of Liberty Capital common stock.

November 29, 2011

New Liberty’s Series A and Series B Liberty Capital common stock begin trading under the new NASDAQ symbols LMCA and LMCB, respectively.

 

With respect to transactions after September 23, 2011 related to Old Liberty, please see Old Liberty’s website at libertyinteractive.com.