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HLTH Corporation Announces Third Quarter Financial Results
Date:10/30/2008

cquired through

business combinations. The timing of such reversals has not been

consistent and as a result, HLTH's income tax expense can fluctuate

significantly from period to period in a manner not directly related to

HLTH's operating performance. HLTH excludes the income tax

provision from Adjusted EBITDA (i) because it believes that the income

tax provision is not directly attributable to the underlying performance

of HLTH's business operations and, accordingly, its exclusion

assists management and investors in making period-to-period comparisons

of operating performance and (ii) to assist management and investors in

making comparisons to companies with different tax attributes.

Investors should note that income tax provision will recur in future

periods.

-- Minority Interest in WHC. This represents the minority

stockholders' proportionate share of net income or loss of

HLTH's majority-owned WebMD Health Corp. subsidiary (which we refer

to as WHC). The size of this Minority Interest is related to

HLTH's percentage ownership of WHC. Changes in that percentage

ownership may result from changes in WHC's capital structure,

including as a result of sales of WHC equity securities by WHC or HLTH

or as a result of exercise of WHC employee stock options. HLTH excludes

Minority Interest from Adjusted EBITDA (i) because it believes that the

size of the Minority Interest can vary for reasons not attributable to

the underlying performance of HLTH's business operations and,

accordingly, its exclusion assists management and investors in making

period-to-period comparisons of operating performance and (ii) to assist

management and investors in making comparisons to companies with

different capital str
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SOURCE HLTH Corporation
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