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NASDAQ Welcomes Liberty Media Corporation To Its Market - Liberty Media Commences NASDAQ Trading

Date 10/05/2006

The Nasdaq Stock Market, Inc. (Nasdaq: NDAQ) today announced that Liberty Media Corporation's two tracking stocks listed on The NASDAQ Stock Market. Liberty Media will begin trading on NASDAQ, today, Wednesday, May 10, 2006, as two tracking stocks: Liberty Capital (Nasdaq: LCAPA, LCAPB) and Liberty Interactive (Nasdaq: LINTA, LINTB). Liberty Media Corporation is switching its listing from the New York Stock Exchange (NYSE: L), effective May 10th.

"We are very pleased to welcome Liberty Media to NASDAQ. Liberty is a category defining company in everything from traditional and new media to entertainment and retail. NASDAQ welcomes Liberty to our family of approximately 3,200 companies who are defined by innovation and industry leadership," said Bob Greifeld, president and chief executive officer of NASDAQ.

Liberty Media Corporation owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. Its businesses include some of the world's most recognized and respected brands and companies, including QVC, Encore, Starz, IAC/InterActiveCorp, Expedia and News Corporation.

NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.