DISH Network® Reports Third Quarter 2008 Financial Results

Monday, November 10th, 2008 
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ENGLEWOOD, Colo. — DISH Network Corporation (Nasdaq: DISH) today reported total revenue of $2.94 billion for the quarter ended Sept. 30, 2008, a 5.1 percent increase compared with $2.79 billion for the corresponding period in 2007.

Net income totaled $92 million for the quarter ended Sept. 30, 2008, compared with $200 million during the corresponding period in 2007. The $108 million decline in net earnings primarily related to impairments on marketable and non-marketable securities. Basic earnings per share were $0.20 for the quarter ended Sept. 30, 2008, compared with basic earnings per share of $0.45 during the corresponding period in 2007.

DISH Network lost approximately 10,000 net subscribers during the quarter ended Sept. 30, 2008, ending the quarter with approximately 13.78 million subscribers.

Detailed financial data and other information are available in DISH Network’s Form 10-Q for the quarterly period ended Sept. 30, 2008, filed today with the Securities and Exchange Commission.

                                                     For the Three Months
                                                      Ended September 30,             Variance
                                                     --------------------    -----------------
                                                       2008          2007    Amount          %
                                                     ------        ------    ------   --------
Subscribers, as of period end (in millions)          13.780        13.695     0.085        0.6
Subscriber additions, gross (in millions)             0.825         0.904    (0.079)      (8.7)
Subscriber additions (losses), net (in millions)     (0.010)        0.110    (0.120)    (109.1)
Average monthly subscriber churn rate                 2.02%         1.94%     0.08%        4.1

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