X0202 4 2008-05-08 0 0001125920 SHUTTERFLY INC SFLY 0001376445 HOUSENBOLD JEFFREY T C/O SHUTTERFLY INC 2800 BRIDGE PARKWAY REDWOOD CITY CA 94065 0 1 0 0 PRESIDENT & CEO Common Stock 2008-05-08 4 P 0 300 12.39 A 300 D Common Stock 2008-05-08 4 P 0 500 12.31 A 800 D Common Stock 2008-05-08 4 P 0 394 12.32 A 1194 D Common Stock 2008-05-08 4 P 0 300 12.33 A 1494 D Common Stock 2008-05-08 4 P 0 606 12.43 A 2100 D Common Stock 2008-05-08 4 P 0 600 12.54 A 2700 D Common Stock 2008-05-08 4 P 0 1300 12.55 A 4000 D This Statement confirms that the undersigned, Jeffrey T. Housenbold, has authorized and designated John A. Kaelle and Douglas Appleton to execute and file on the undersigned's behalf all Forms 3, 4, and 5 (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Shutterfly, Inc. The authority of John A. Kaelle and Douglas Appleton under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, and 5 with regard to the undersigned's ownership of or transactions in securities of Shutterfly, Inc., unless earlier revoked in writing. The undersigned acknowledges that John A. Kaelle and Douglas Appleton are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. /s/ Jeffrey T. Housenbold Date: September 28, 2006 /s/ Douglas Appleton, Attorney-In-Fact 2008-05-09