n Post Yelp YELP YELP US Justin Post UNDERPERFORM Care.com CRCM CRCM US Justin Post Fitbit FIT FITUS Nat Schindler GoPro GPRO GPRO US Jason Mitchell Pandora Media, Inc. P PUS Nat Schindler TripAdvisor TRIP TRIP US Nat Schindler Twitter TWIR TWIRUS Justin Post ZYNGA ZNGA ZNGA US Justin Post RVW Chegg CHGG CHGG US Nat

ro environment, 2) credit market freeze shutting down liquidity access, 3) lower effective yield from competition, and 4) increased marketing spend. Pandora Media, Inc. (P) Our $9 price objective is based on 1x our 2018 revenue estimate, a significant discount to online media and subscription service peers, but just

vailable for free on the BlackBerry Pearl, Curve, Storm, and Bold. gt learn more ,,,;Sponsored by Dockers Sifooter graphic 4g) copyright 2009, Pandora Media, Inc. All rights reserved. 360 22nd Street Suite 440 Oakland CA 94612 You are currently subscribed to receive email u ates from Pandora. Please dick here

gPkcA8zzNLu7mH- 2FVEOKP8=kYUu-2FAeWgrfwM8SSIWUdM1j2lsx6wCtg03PTIu3y-2BxKxJnR- 2BiR9jeMPzpy9DL0yw9a42=xOPdPSYZnYVmDUYi7a52fiptPHXDKmFw-3D-3D> @ 2017, Pandora Media, Inc. All rights=reserved. 2101 Webster St. Ste. 1650, Oakland, CA 94612 &nbs=; <http://sg.pandora.com/wf/open?upnrGh4wIc0cRfQ4NO1EbtawRRFseXy2=8B1bAZ-2

343C58583DB58A0EC52E3AA8DCEAC8451 37A157A290&> Tim Westergren <http://www.pandora.com/static/ads/pandora_email/images/bg_btm.jpg> Copyright 2011, Pandora Media, Inc. All rights reserved. 2101 Webster Street Suite 1650, Oakland, CA 94612 EFTA_R1_02048090 EFTA02695988 You are currently subscribed to receive ema

t work adding more music we think you'll love to "Emile Pandolfi Radio". Enjoy, and as always, please let us know what you think! P copyright 2010, Pandora Media, Inc. All rights reserved. 2101 Webster Street - Suite 1650 - Oakland CA - 94612 You are currently subscribed to receive email updates from Pandora. Plea

Pandora Sent: Fri 9/17/2010 6:04:39 AM Subject: "The Xx Radio" - We've Added More Songs Trouble viewing this email?. clicP_hety g copyright 2010, Pandora Media, Inc. All rights reserved. 2101 Webster Street - Suite 1650 - Oakland CA - 94612 You are currently subscribed to receive email updates from Pandora. Plea

one year. Want to try Pandora One for free? Just click on the 'learn more' link on the right, and select '24 hour free trial'. 0 copyright 2010, Pandora Media, Inc. All rights reserved. 2101 Webster Street Suite 1650- Oakland CA - 94612 You are currently subscribed to receive email updates from Pandora. Please

ora even better. htto://v2.decipherinc.com/survey/pan/pan09002?sn=60&sid= 1310501595 58894104&cid =4465176 - The Pandora Team IC, copyright 2009, Pandora Media, Inc. All rights reserved. You are currently subscribed to receive email updates from Pandora. Please click here to unsubscribe If you have any trouble,

s/images/tim_signature.jpg> Tim Westergren Founder, Pandora <http://www.pandora.com/static/ads/pandora_email/images/bg_btm.jpg> @ Copyright 2012, Pandora Media, Inc. All rights reserved. 2101 Webster Street Suite 1650, Oakland, CA 94612 You are currently subscribed to receive email updates from Pandora. Please c