DigitalGlobe Reports Second Quarter 2010 Results

DigitalGlobe, Inc.

Unaudited Reconciliation of GAAP Net Income to Adjusted EBITDA

                 
($ in millions)

Three months ended June 30,

Six months ended June 30,
  2009         2010   2009         2010
Net income $ 8.4 $ 0.5 $ 19.0 $ 2.0
Depreciation and amortization 18.9 31.0 37.6 60.1
Interest (income) expense, net (0.1 ) 10.7 (0.1 ) 20.6
Loss from early extinguishment of debt 7.7 - 7.7 -
Loss on derivative instrument - - 1.8 -
Income tax expense 5.6 0.5 12.7 2.2
Non-cash stock compensation expense   1.9     1.5   4.2     2.9
Adjusted EBITDA $ 42.4   $ 44.2 $ 82.9   $ 87.8

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