Markowski LGI.Sup. 000351 13

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REDACTED - FOR PUBLIC INSPECTIONMarkowskiLGI.Sup. 00035113

Liberty / DirecTV & Dish comparison as of March 2007Basic Service costChannels in Basic ServiceTotal channels on BasicCost er channel Basic ServiceInstallation Fee 41.99 40.99' 34.9973 generalentertainmentchannels, 47 musicchannels, 7 radiostations, 40 ppvchannels and VOD170 0.2550 generalentertainmentchannels, 30 musicchannels, 6 radiostations, 4 ppvchannels90 0.4573 generalentertainmentchannels, 33 musicchannels106 033FreeFree 49.99 (reimbursementon first bill)Premium offerFree rental on 1st unitFree rental on 1st unit 29.99 on 2nd unit and Free rental on 1st unit 4.99 on subsequent 69.99 no 3rd unit 4.99 on subsequent 10.00 for 10 months 10.00 for 3 months 10.00 for 3 monthsNoYesNoAny premium free for 3Any premium free for 3monthsmonthsnoneCredit PolicLocal ChannelsLocal radio stationsVideo On DemandDVRHi h DefinitionFree Technical serviceLocal Customer ServiceLibert channels not in competitionWeather/Rain difficultiescredit check depositrequirements177YesYesYesYesYesn/aNoset top boxDiscountsOne month FREE offer availablecredit check depositrequirements50NoYesNoNoNo63YesCredit check requieredcrediVdebiUATH cardaccepted50NoYesYesNoNo36Yes'DirecTV Basic Service cost includes a 3.00 charge for monthly billing.palermLGI.SuP. 000352

Liberty Channels not available in DirecTVBasic Digital ServiceChannelReelz Channella TeleNovelaSuper SieteCaracol TVAzteca 13QVCMSNBCCanal 22CNBCMTV Puerto Rico - canal 24VeneMoviesWSJU - canal 30WGNThe Golf ChannelGOl TVNueva Vision - canal 40Comedy CentralSci FiWomen's EntertainmentBravoHome & GardenWRFB - canal 52 localGame Show NetworkCadena del Milagro - localTV landHome ShoppinQ NetworkCourt TVFuente de Agua Viva - localThe Travel ChannelEbenecer - localEncuestro Vision - localMun2Anime NetworkService levelBasic Digital ServiceBasic DIQItal ServiceBasic DIaltal ServiceBasic Digital ServiceBasic Diaital ServiceBasic Digital Service.Basic DiQital ServiceBasic Dialtal ServiceBasic Digital ServiceBasic Digital ServiceBasic DIaital ServiceBasic DIaltal ServiceBasic Digital ServiceBasic DiQital ServiceBasic DiQItal ServiceBasic Digital ServiceBasic DiQItal ServiceBasic Dialtal ServiceBasic Digital ServiceBasic DiQital ServiceBasic Diaital ServiceBasic Digital ServiceBasic DIQital ServiceBasic Digital ServiceBasic DIQital ServiceBasic DiQital ServiceBasic Dialtal ServiceBasic Digital ServiceBasic DiQital ServiceBasic Diaital ServiceBasic Digital ServiceBasic DiQital ServiceBasic Digital ServiceTune 54555657585963646670Expanded Digital ServiceChannelNick Games & SportsNOGGINDiscovery TimesMilitarv ChannelFox Movie ChannelLifetime Movie NetworkLifetime Real WomenPalermService dedExpandedDiaital ServiceDigital ServiceDigital ServiceDiaital ServiceDigital ServiceDiQital ServiceDiaital ServiceTune inchannel102106108109129123126LGI.Sup. 000353

StyleThe Tennis ChannelVH1 CountryVH1 Classic RockFUSEMTV2G4TVSenda BroadcastinQTurner Classic MoviesOutdoor ChannelCarivisionBBCAmericaTrinity BroadcastinQIndependent Film ChannelEWTNVersusFilTVMTV TresBiography ChannelTelevicentro Radar doppler24 HorasDo it YourselfNickToonsPalermExpanded DiQital ServiceExpanded DiQital ServiceExpanded Digital ServiceExpanded DiQital ServiceExpanded DiQital ServiceExpanded Digital ServiceExpanded DiQital ServiceExpanded DiQital ServiceExpanded Digital ServiceExpanded DiQital ServiceExpanded DiQital ServiceExpanded Digital ServiceExpanded DiQital ServiceExpanded DiQilal ServiceExoanded Diaital ServiceExpanded Digital ServiceExpanded DiQital ServiceExpanded DiQital ServiceExpanded Digital ServiceExpanded DiQital ServiceExpanded Diaital ServiceExpanded Digital ServiceExpanded DiQital 21137138152113146142124103LGI.Sup. 000354

Liberty Channels nol available in Dish NetworkBasic Digital ServiceChannelReetz ChannelLa TeleNovelaSuper SieleCaracolTVAzleca 13avcCWCanal 22MTV Puerto Rico - canal 24VeneMoviesAnlena 3WSJU - canal 30Casa ClubNueva Vision - canal 40WRFB - canal 52 localCadena del Mila ro - localFuenle de Agua Viva - localThe Travel ChannelEbenecer - localEncueslro Vision - localAnime NetworkService LevelBasic Di ilal ServiceBasic Di ilal ServiceBasic Diailal ServiceBasic Digilal ServiceBasic Di ilal ServiceBasic Diailal ServiceBasic Diailal ServiceBasic Di ilal ServiceBasic Di ital ServiceBasic Di ilal ServiceBasic Diailal ServiceBasic Diailal ServiceBasic Diailal ServiceBasic Digital ServiceBasic Di ilal ServiceBasic Diailal ServiceBasic Digilal ServiceBasic Di ilal ServiceBasic Diailal ServiceBasic Digilal ServiceBasic Di ilal ServiceTune nded Digital ServiceChannelLifelime Real WomenVH1 CounlrvSenda Broadcaslin CarivisionTrinity BroadcaslinaFilTVMTV TresTelevicenlro Radar doppler24 HorasPeople & ArtsTravel & Livin Discoverv en EspanolCNN InlernalionalTV EspanolaCNN en EspanolPalermService LevelExpanded Diailal ServiceExpanded Diailal ServiceExpanded Diailal ServiceExpanded Diailal ServiceExpanded Digilal ServiceExpanded Diailal ServiceExpanded Digilal ServiceExpanded Diailal ServiceExpanded Diailal ServiceExpanded Digilal ServiceExpanded Diailal ServiceExpanded Diailal ServiceExpanded Digilal ServiceExpanded Diailal ServiceExpanded Diailal ServiceTune 18144LGI.Sup. 000355

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Tax Considera:tions on Inv'estment in ,LCPIlREDACTED - FOR PUBLIC INSPECTION "'i"':.§i.Puerto Rican TaxConsiderations. PenneLmERTYGLOBACLGI.Sup. 000357piig 1'"

- ' -.- - - - - -----------,,LmERTYGLOBAL :1Accounting issues meetingRamosLGI.Sup. 000358

REDACTED - FOR PUBLIC INSPECTIONAccounting issues meeting2RamosLGI.Sup. 000359

REDACTED - FOR PUBLIC INSPECTION3Accounting issues meetingRamosLGI.SuP. 000360

REDACTED - FOR PUBLIC INSPECTIONAccounting issues meetingRamos4LGI.Sup. 000361

REDACTED - FOR PUBLIC INSPECTION5Accounting issues meetingLGI.Sup. 000362Ramos

REDACTED - FOR PUBLIC INSPECTION6Accounting issues meetingLGI.Sup. 000363Ramos

REDACTED - FOR PUBLIC INSPECTION7Accounting issues meetingRamosLGI.Sup. 000364

REDACTED - FOR PUBLIC INSPECTION8Accounting issues meetingRamosLGI.Sup. 000365

REDACTED - FOR PUBLIC INSPECTION9Accounting issues meetingRamosLGI.Sup. 000366

Salvato, AndreaFrom;Sent:To;Cc;Haschka, ChristophMonday, June 04, 2007 01 :50 AMSalvato, AndreaHaschka, ChristophREDACTED - FOR PUBLIC INSPECTION1SalvatoLG\.SUP. 000367

From:Sent:To:Subject:Attachments:Gleason, JayMonday, December 04, 2006 01:43 PMDvorak, Bernie; Stegman, Leo; look, BrianRE: Puerto Rico capitalizationwinmail.datREDACTED - FOR PUBLIC INSPECTIONBernie DvorakSenior Vice President and Co-Chief Financial Officer303.220.6603 Direct303.619.6087 Mobilebdvorak@lgi.com mai119 : bdvorak@lgi.com Privileged/Confidential Information may be contained in this message orStegmanLGI.Sup. 000368

attachments thereto. If you are not the addressee indicated in thismessage (or responsible for delivery of the message to such person), youmay not copy or deliver this message to anyone or take any action inreliance upon this message. In such case, you should destroy thismessage and any attachments and kindly notify the sender by reply email.Opinions, conclusions and other information in this message that do notrelate to the official business of my company shall be understood asneither given nor endorsed by it.StegmanLGI.Sup. 000369

From:Sent:Gleason, JayWednesday, November 22,200607:31 AMTo:Dvorak, Bernie; Stegman, Leo; Zook, BrianCC:SUbject:Clark, Jim; Ramos, MauricioRE: Puerto Rico follow upsREDACTED - FOR PUBLIC INSPECTIONStegmanLGI.Sup. 000370

REDACTED - FOR PUBLIC INSPECTIONRegards,Jay L. GleasonVP, ControllerLiberty Global latin America12300 liberty BoulevardEnglewood, CO 80112T: 303-220-6633M: 720-323-2898Privileged/Confidential Information may be contained in this message orattachments thereto. If you are not the addressee indicated in this message(or responsible for delivery of the message to such person), you may not copyor deliver this message to anyone or take any action in reliance upon thismessage. In such case, you should destroy this message and any attachmentsand kindly notify the sender by reply email. Opinions, conclusions and otherinformation in this message that do not relate to the official business ofmy company shall be understood as neither given nor endorsed by it.StegmanLGI.SUP. 000371

Liberty/ DirecTV& Dish comparison as ofMarch 2007 Basic Service cost 41.99 40.99' 34.99 73 general 50 general entertainment entertainment channels, 47 music channels, 30 music 73 general channels, 7 radio channels, 6 radio entertainment stations, 40 ppv stations, 4 ppv channels, 33 musi

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