Summary of RACKSPACE HOSTING, INC.

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RAX > SEC Filings for RAX > Form 8-K on 30-Jun-2009

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Form 8-K for RACKSPACE HOSTING, INC.

30-Jun-2009

Other Events

Item 8.01. Other Events

We have experienced power interruptions which have affected a portion of our Grapevine, Texas data center. We have posted updates on our recent power interruption on our website blog and our customer portal for the benefit of our customers. We are continuing to assess the financial impact of service credits due to these events. Currently, our preliminary range for the resulting one time service credits is estimated to be between $2.5 million and $3.5 million. Our website blog is located at http://www.rackspace.com/blog/.

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