Fact Sheet

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QVC, Inc., one of the largest multimedia retailers in the world, broadcasts live 24 hours a day, 364 days a year. Founded in 1986 by Joseph Segel, QVC is a wholly owned subsidiary of Liberty Media Corporation attributed to the Liberty Interactive Group (Nasdaq: LINTA). Mike George currently serves as the company’s president and CEO.

QVC’s worldwide corporate headquarters, more commonly known as Studio Park, is located in West Chester, PA (30 miles west of Philadelphia). The building sits on 84 acres of land, roughly the size of 15 U.S. football fields.

QVC employs approximately 17,279 people worldwide.

QVC has international broadcast operations in the United Kingdom, Germany, and Japan.

QVC reaches approximately 96% of all U.S. cable homes and nearly 25.3 million satellite homes, totaling more than 166 million homes worldwide. QVC reaches more American homes than networks such as Lifetime, MTV, VH1, E!, Style, HGTV, Food Network, Discovery, and A&E.

QVC’s buying staff of more than 168 people searches the world for quality merchandise. Product categories include: Home, Electronics, Cooking and Dining, Collectibles, Health and Fitness, Beauty; Jewelry, and Fashion.

QVC introduces more than 1,600 products each week (250 of them, new) to our customers. Brand leaders include Bare Escentuals, Bose, Dell, and philosophy. Famous faces who recently appeared on QVC include Michael Kors, Heidi Klum, Paula Deen, Dan Marino, Joan Rivers, Shania Twain, Bobbi Brown, Carson Kressley, and Hulk Hogan.

In terms of revenue, QVC is ranked the second largest television network in the United States after CBS (according to Broadcasting & Cable 2005 revenue estimates).

With net sales totaling more than $7 billion in 2006, QVC is now significantly larger than many well-established traditional retailers, including Saks Fifth Avenue and Neiman Marcus combined.

QVC.com achieved sales of over $1 billion in 2006.

QVC.com (U.S. site only) attracts an average of 5 million unique visitors each month and receives between 1,500 to 2,100 product reviews and customer ratings daily. This traffic is the largest daily review volume of any Bazaarvoice client to date.

In 2007, QVC.com was ranked number one, along with Netflix.com, for customer satisfaction in ForeSee Results’ "Top 100 Online Retail Satisfaction Index". Both QVC.com and Netflix.com received a high satisfaction score of 85, which, on a 100-point scale, is considered superior.

In 2006, QVC received close to 179 million phone calls in the United States alone. The record for the most calls handled in a 24-hour period is 1,246,387, set on April 8, 2006.

To date, more than 45 million people worldwide have shopped with QVC.

Over the last 21 years, QVC has shipped more than one billion packages in the United States. In 2006, QVC shipped more than 165 million packages worldwide.

On November 12, 2006, QVC set records both in number of shipments (600,682) and number of items shipped (678,078) during a 24-hour period.

QVC has domestic call center operations in West Chester, PA.; Chesapeake, VA.; San Antonio, TX, and Port St. Lucie, FL. Its five domestic distribution centers are located in West Chester, PA, Lancaster, PA, Suffolk, VA, Rocky Mount, N.C., and Florence, S.C.

QVC’s U.S. distribution centers can pack up to 300,000 packages daily.

QVC’s warehouse space worldwide is the size of approximately 109 U.S. football fields.

QVC achieved its best sales day on December 2, 2001 with more than $80 million in orders taken; the Dell Intel Pentium IV personal computer was the most popular item sold on that day.

Over the past 14 years, QVC and the Fashion Footwear Charitable Foundation’s "Shoes on Sale" event has sold more than 1,000,000 pairs of shoes and has raised nearly $25 million for breast cancer research and education programs.

QVC has worked with the Chester County, PA. chapter of Habitat for Humanity since 1997, raising more than $1.7 million.