Analyst Coverage

Firm Analyst
Bank of America Merrill   Heather Balsky
Citigroup Global Markets   Jason Bazinet
Craig-Hallum Capital   Alex Fuhrman
FBR Capital Markets   Barton Crockett
UBS Securities   Eric Sheridan

HSN, Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding HSN, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of HSN, Inc. or its management. HSN, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.