Exhibit 99.1

Liberty Interactive Corporation

Reconciliation of Liberty Interactive Corporation ("LINT") Net Assets and

Net Earnings to Liberty Interactive LLC ("LINT LLC") Net Assets and Net Earnings

March 31, 2012

(unaudited)

amounts in millions

Liberty Interactive Corporation Net Assets	$	6,396
Reconciling items:
LINT put option obligations	—
LINT LLC Net Assets	$	6,396
Liberty Interactive Corporation Net Earnings	$	105
Reconciling items:
Unrealized gain on LINT put options	(2		)
Liberty Interactive LLC Net Earnings	$	103

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