Cover Page To Our Stockholders RIGHT FOR ME Financial Highlights Table of Contents Description of Business Selected Financial Data Management's Discussion and Analysis Risks that Could Affect Future Results Quantitative and Qualitative Disclosures About Market Risk Consolidated Financial Statements Notes to Consolidated Financial Statements Report of Independent Registered Public Accounting Firm Reconciliation of Pro Forma Financial Measures Corporate Information Board of Directors Executive Officers

FISCAL SELECTED FINANCIAL INFORMATION 2000 2001 2002 2003 2004 (In thousands, except per share amounts)     Net Revenue   $ 981,718       $ 1,096,062       $ 1,312,228       $ 1,650,743       $ 1,867,663     Gains (Losses) on Marketable Securities and Other Investments, Net   481,130     (98,053 )   (15,535 )   10,912     1,729   Net Income (Loss) from Continuing Operations, Net of Tax   325,691     (124,656 )   53,615     263,202     317,030   Net Income (Loss) from Discontinued Operations, Net of Tax   (20,030 )   27,549     86,545     79,832     -   Net Income (Loss)   305,661     (82,793 )   140,160     343,034     317,030   Diluted Net Income (Loss) per Share from Continuing Operations $ 1.54   $ (0.60 ) $ 0.24   $ 1.25   $ 1.58   Diluted Net Income (Loss) per Share from Discontinued Operations   (0.09 )   0.13     0.40     0.38     -   Diluted Net Income (Loss) per Share   1.45     (0.40 )   0.64     1.63     1.58   Cash, Cash Equivalents and Short-term Investments $ 1,399,351   $ 1,186,215   $ 1,224,290   $ 1,206,801   $ 1,019,220   Our Quicken Loans mortgage business and our Japanese subsidiary have been accounted for as discontinued operations in all periods presented. Comparability of information is affected by acquisitions, divestitures, amortization and impairment of goodwill and purchased intangible assets, gains and losses on marketable securities and other investments, repurchases under our stock repurchase programs, and other factors. PRO FORMA NET INCOME 2000 2001 2002 2003 2004 (In thousands, except per share amounts; unaudited)     Pro Forma Net Income* $ 144,958   $ 157,890   $ 201,503   $ 293,814   $ 335,124   Diluted Pro Forma Net Income per Share* $ 0.69   $ 0.73   $ 0.92   $ 1.39   $ 1.67   * A quantitative reconciliation of this non-GAAP financial measure to the most directly comparable financial information prepared in accordance with GAAP can be found on page 67 of the Annual Report to Stockholders.