The DirecTV Group (DTV)

Cost Method Investments

        During the first quarter of 2006, we sold other investments for $13.7 million in cash, which resulted in us recording a $0.9 million pre-tax gain in "Other, net" in the Consolidated Statements of Operations during the nine months ended September 30, 2006.

        During the nine months ended September 30, 2005, we sold other investments for $113.1 million in cash that resulted in a net pre-tax loss of $0.6 million that we recorded in "Other, net" in the Consolidated Statements of Operations.

Cost Method Investments

        During the first quarter of 2006, we sold other investments for $13.7 million in cash, which resulted in us recording a $0.9 million pre-tax gain in "Other, net" in the Consolidated Statements of Operations during the first quarter of 2006.

        During the six months ended June 30, 2005, we sold other investments for $113.1 million in cash that resulted in a net pre-tax gain of $1.0 million in the second quarter of 2005 and a pre-tax loss of $1.6 million in the first quarter of 2005 that we recorded in "Other, net" in the Consolidated Statements of Operations.

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Cost Method Investments

        During the first quarter of 2006, we sold other investments for $12.3 million, of which $4.5 million in net cash was received in the first quarter of 2006 and $7.8 million was received in April 2006. As a result of these transactions we recognized a $0.9 million pre-tax gain in "Other, net" in the Consolidated Statements of Operations.

        During the first quarter of 2005, we sold other investments for $79.2 million in cash that resulted in a net pre-tax loss of $1.6 million that we recorded in "Other, net" in the Consolidated Statements of Operations for the three month period ended March 31, 2005.

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