Please note that the information below is provided solely as a convenience to shareholders. Liberty Broadband Corporation does not provide its shareholders with tax advice and the information below is not intended to provide tax advice. Liberty Broadband Corporation encourages its shareholders to consult with their own tax advisors with respect to their specific questions pertaining to their own tax positions.

December 10, 2014 - Liberty Broadband Corporation distributed Series C Rights to Liberty Broadband Series A/B/C shareholders. Each holder of Liberty Broadband Series A/B/C common stock received one-fifth of a Series C Right for each share of Liberty Broadband common stock held.

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November 4, 2014 - Liberty Media Corporation completed the spin-off of Liberty Broadband Corporation. Each holder of Liberty Media Series A/B/C Common Stock (LMCA/LMCB/LMCK) received one-fourth of a share of the corresponding series of Liberty Broadband Corporation Common Stock (LBRDA/LBRDB/LBRDK). Immediately after the spin-off, the tax basis of each LMCA/LMCB/LMCK share held prior to the spin-off will be allocated between the original share and the new share issued as part of the spin-off. Cash was issued in lieu of fractional shares.

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Liberty Media Corporation Stock Cost Basis
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