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LIBERTY MEDIA CORPORATION INVESTMENT SUMMARY (As of February 28, 2014) Libertymedia.com/asset-list.aspx

Liberty Media Corporation owns interests in a broad range of media, communications and entertainment businesses. Those interests include subsidiaries Atlanta Baseball Club, Inc., TruePosition, Inc. and Sirius XM Holdings, Inc., interests in Live Nation Entertainment, Inc., Barnes & Noble, Inc., and , Inc., and minority equity investments in Time Warner Inc., Time Warner Cable Inc. and Viacom Inc.

The following table sets forth some of Liberty Media Corporation’s major assets that are held directly and indirectly through partnerships, joint ventures, common stock investments and instruments convertible into common stock. Ownership percentages in the table are approximate and, where applicable, assume conversion to common stock by Liberty Media Corporation and, to the extent known by Liberty Media Corporation, other holders. In some cases, Liberty Media Corporation’s interest may be subject to buy/sell procedures, repurchase rights or dilution.

ENTITY DESCRIPTION OF OWNERSHIP OPERATING BUSINESS Associated Partners, L.P Investment and operating 37% partnership that targets long-term, risk-balanced and tax-efficient returns. Atlanta National League Baseball Owner of the , a 100% Club, Inc. club, as well as certain of the Atlanta Braves minor league clubs. Barnes & Noble, Inc. The world's largest bookseller and 17% (NYSE: BKS) a Fortune 500 company that operates bookstores and conducts its online business through BN.com, one of the Internet’s largest eCommerce sites, which also features books, magazines, and more in its NOOK Bookstore™. Charter Communications, Inc. A Fortune 500 company and 26% (: CHTR) fourth-largest cable operator in the . Charter provides advanced video, high-speed internet, and telephone services to residential and business customers. , Inc. Owns and operates 3% (NASDAQ: CRWN) channels in the U.S. dedicated to high-quality, broad appeal, entertainment programming. Ideiasnet Develops projects and acquires 5% (BOVESPA: IDNT3) stakes in companies in technology, media and telecommunications. Kroenke Arena Company, LLC Owner of the Pepsi Center, a 7% sports and entertainment facility in Denver, . Liberty Associated Partners, L.P. Principal investment firm 29% specializing in private equity investments.

Live Nation Entertainment, Inc. Largest live entertainment 26% (NYSE: LYV) company in the world, consisting of five segments: concert promotion and venue operations, sponsorship, ticketing solutions, eCommerce and artist management. MacNeil/Lehrer Productions Producer of The PBS NewsHour in 67% addition to documentaries, web sites, interactive DVDs, civic engagement projects and educational programs. Mobile Streams plc Global mobile content retailer that 16% (LSE: MOS) retails a wide range of mobile content including full-track downloads, truetones, polyphonic ringtones, videos, graphics and games. Sirius XM Holdings, Inc. A company 53% (NASDAQ: SIRI) delivering commercial-free music, sports, news, talk, entertainment, traffic and weather. Time Warner Cable Inc. Among the largest cable operators 1% (NYSE: TWC) in the U.S. offering residential and commercial video, high-speed data and voice services over its broadband cable systems. Time Warner Inc. Media and entertainment company <1% (NYSE: TWX) whose businesses include filmed entertainment, interactive services, television networks, cable systems, music and publishing. TruePosition, Inc. Leading provider of mission- 100% critical location-based solutions for the public safety and national security markets worldwide. Viacom Inc. Global media company, with 1% (NASDAQ: VIA) positions in cable television, motion picture, Internet, mobile, and video game platforms. Brands include MTV, Nickelodeon, Nick at Nite, VH1, BET, Paramount Pictures, TV Land, Comedy Central, CMT: Country Music Television, and SPIKE.