13G Filing: Park West Asset Management and Liberty Media Corp (NASDAQ:LSXMA)

* The beneficial ownership percentage is based upon 10,236,525 shares of Series A Liberty Braves Common Stock,
par value $.01 per share, of Liberty Media Corporation (“Series A Braves Common Stock”), a Delaware corporation (the
“Company”), issued and outstanding as of January 31, 2017, based on information reported by the Company in its Annual
Report on Form 10-K, filed with the Securities and Exchange Commission on February 28, 2017. Park West Asset Management LLC (“PWAM”)
is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company (“PWIMF”),
and Park West Partners International, Limited, a Cayman Islands exempted company (“PWPI” and, collectively with PWIMF,
the “PW Funds”), and Peter S. Park (“Mr. Park” and, collectively with PWIMF and PWAM, the “Reporting
Persons”) is the sole member and manager of PWAM. As of March 17, 2017, PWIMF held 540,546 shares of Series A Braves Common
Stock and PWPI held 70,557 shares of Series A Braves Common Stock. As a result of the foregoing, for purposes of Reg. Section 240.13d-3,
PWAM and Mr. Park are each deemed to beneficially own 611,103 shares of Series A Braves Common Stock held in the aggregate by the
PW Funds, or approximately 6.0% of the shares of Series A Braves Common Stock deemed to be issued and outstanding as of March 17,
2017.