X0303 4 2009-08-24 0 0001107694 RACKSPACE HOSTING, INC. RAX 0001119355 WESTON GRAHAM M C/O RACKSPACE HOSTING, INC. 5000 WALZEM ROAD SAN ANTONIO TX 78218 1 1 1 0 Chairman Common Stock 2009-08-24 4 S 0 25000 14.9937 D 777273 I Shares held by Giant Partners, LP. Common Stock 196509 D Common Stock 19578564 I Shares held by Trout, Ltd. Common Stock 213825 I Shares held by Beaulieu River Rackinvest, LP. Common Stock 85227 I Shares held by Grainger Weston Remainderman Fund. Common Stock 91266 I Shares held by or for the benefit of family members. Common Stock 1242302 I Shares held by Wittington America, Ltd. Mr. Weston is the sole owner of Knightsbridge, LC which is the general partner of Giant Partners, LP. Mr. Weston is the sole owner of Knightsbridge, LC which is the general partner of Trout, Ltd. Mr. Weston is the general partner of Beaulieu River Rackinvest, LP. Mr. Weston disclaims any beneficial ownership of Beaulieu River Rackinvest, LP. except to the extent of any pecuniary interest therein. Mr. Weston's children are the beneficiaries of the Grainger Weston Remainderman Fund trust. Mr. Weston disclaims any beneficial ownership of the shares held by the trust. Mr. Weston is the sole owner of Knightsbridge, LC which is the general partner of Wittington America, Ltd. Mr. Weston disclaims any beneficial ownership of Wittington America, Ltd. except to the extent of any pecuniary interest therein. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the general partner of Giant Partners LP on June 9, 2009. The prices for these sales of shares ranged from $14.71 to $15.27 per share. The registrant undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price. William Alberts by Power of Attorney 2009-08-24