EX 99.1

<Page>
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
<Page>
SUMMARY ATTRIBUTED FINANCIAL DATA

INTERACTIVE GROUP

<Table>
<Caption>
SEPTEMBER 30, DECEMBER 31,
2007 2006
-------------- -------------
AMOUNTS IN MILLIONS
<S> <C> <C>
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
</Table>

<Table>
<Caption>
THREE MONTHS NINE MONTHS
ENDED ENDED
SEPTEMBER 30, SEPTEMBER 30,
------------------- -------------------
2007 2006 2007 2006
-------- -------- -------- --------
AMOUNTS IN MILLIONS
<S> <C> <C> <C> <C>
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
======= ====== ====== ======
</Table>

- ------------------------

(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
<Page>
SUMMARY ATTRIBUTED FINANCIAL DATA

CAPITAL GROUP

<Table>
<Caption>
SEPTEMBER 30, DECEMBER 31,
2007 2006
-------------- -------------
AMOUNTS IN MILLIONS
<S> <C> <C>
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
</Table>

<Table>
<Caption>
THREE MONTHS NINE MONTHS
ENDED ENDED
SEPTEMBER 30, SEPTEMBER 30,
------------------- -------------------
2007 2006 2007 2006
-------- -------- -------- --------
AMOUNTS IN MILLIONS
<S> <C> <C> <C> <C>
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
===== ==== ===== ====
</Table>

- ------------------------

(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
<Page>
BALANCE SHEET INFORMATION

SEPTEMBER 30, 2007

(UNAUDITED)

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP ELIMINATIONS LIBERTY
----------- -------- ------------ ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C> <C>
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
======= ====== ==== ======
</Table>

4
<Page>
STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION

THREE MONTHS ENDED SEPTEMBER 30, 2007

(UNAUDITED)

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP LIBERTY
----------- -------- ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C>
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
====== ==== =====
</Table>

5
<Page>
STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION

THREE MONTHS ENDED SEPTEMBER 30, 2006

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP LIBERTY
----------- -------- ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C>
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
====== ==== =====
</Table>

6
<Page>
STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION

NINE MONTHS ENDED SEPTEMBER 30, 2007

(UNAUDITED)

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP LIBERTY
----------- -------- ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C>
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
====== ===== =====
</Table>

7
<Page>
STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS INFORMATION

NINE MONTHS ENDED SEPTEMBER 30, 2006

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP LIBERTY
----------- -------- ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C>
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
====== ===== =====
</Table>

8
<Page>
STATEMENT OF CASH FLOWS INFORMATION

NINE MONTHS ENDED SEPTEMBER 30, 2007

(UNAUDITED)

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP LIBERTY
----------- -------- ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C>
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
===== ====== ======
</Table>

9
<Page>
STATEMENT OF CASH FLOWS INFORMATION

NINE MONTHS ENDED SEPTEMBER 30, 2006

<Table>
<Caption>
ATTRIBUTED (NOTE 1)
----------------------
INTERACTIVE CAPITAL CONSOLIDATED
GROUP GROUP LIBERTY
----------- -------- ------------
AMOUNTS IN MILLIONS
<S> <C> <C> <C>
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
====== ===== ======
</Table>

10
<Page>
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
<Page>
NOTES TO ATTRIBUTED FINANCIAL INFORMATION (CONTINUED)

(UNAUDITED)

(3) Debt attributed to the Interactive Group and the Capital Group is comprised
of the following:

<Table>
<Caption>
SEPTEMBER 30, 2007
----------------------
OUTSTANDING CARRYING
PRINCIPAL VALUE
----------- --------
AMOUNTS IN MILLIONS
<S> <C> <C>
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
======= ======
</Table>

(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

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<Page>
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.

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