QVC Group, Inc. — Director's Dealing 2011

May 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIBERTY MEDIA CORP (LCAPA)
CIK: 0001355096
Period of Report: 2011-05-25

Reporting Person: SHEAN CHRISTOPHER W (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-25	Series A Liberty Capital Common Stock	M	7827	$23.28	Acquired	23047	Direct
2011-05-25	Series A Liberty Capital Common Stock	S	7827	$90.97	Disposed	15220	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-25	Employee Stock Option (right to buy)	$23.28	M	7827	Disposed	2016-12-17	Series A Liberty Capital Common Stock (7827)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Liberty Capital Common Stock	3760	Indirect

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.94 to $91.00, inculsive. The reporting person undertakes to provide to Issuer, any security holder of Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

F2: The number of shares reported as held in the reporting person's 401(k) is based on a plan statement from the Plan Administrator for the Issuer's 401(k) Savings Plan dated as of April 30, 2011.

F3: The stock options in this grant, representing a right to purchase a total of 25,048 shares became exercisable in equal installments quarterly over four years beginning March 17, 2010.