Insider Trades - REINUS GLENN

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REINUS GLENN: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
RACKSPACE HOSTING Officer NYSE:RAX (historical quotes, profile, other insiders)	13-Aug-08 7-Aug-08	0 100,000 100,000	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
13-Aug-08 46,167 RAX Option Exercise at $0.65 per share.
(Cost of $30,008)
13-Aug-08 46,167 RAX Sale at $12.50 per share.
(Proceeds of $577,087)
7-Aug-08 *100,000 RAX Statement of Ownership

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
13-Aug-08	46,167	RAX	Option Exercise at $0.65 per share. (Cost of $30,008)
13-Aug-08	46,167	RAX	Sale at $12.50 per share. (Proceeds of $577,087)
7-Aug-08	*100,000	RAX	Statement of Ownership