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Press release from Business Wire

Rackspace to Present at Investor Conference in April

Friday, March 23, 2012

Rackspace to Present at Investor Conference in April17:00 EDT Friday, March 23, 2012 SAN ANTONIO (Business Wire) -- Rackspace® Hosting, Inc. (NYSE: RAX) announced that John Engates, CTO, will present at the Wells Fargo Securities 2nd Annual Tech Transformation Summit in San Francisco on Wednesday, April 4, 2012 at 4:30 p.m. pacific time, 7:30 p.m. eastern time. An audio webcast will be available atir.rackspace.com. About Rackspace Rackspace Hosting (NYSE: RAX) is the service leader in cloud computing, and a founder of OpenStack™, an open source cloud operating system. The San Antonio-based company provides Fanatical Support® to its customers and partners, across a portfolio of IT services, including Managed Hosting and Cloud Computing. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company and was featured on Fortune's list of 100 Best Companies to Work For. The company was also positioned in the Leaders Quadrant by Gartner Inc. in the “2011 Magic Quadrant for Managed Hosting.” For more information, visit www.rackspace.com. Rackspace HostingInvestor Relations:Bryan McGrath, 210-312-5230ir@rackspace.comorMedia Relations:Rachel Ferry, 210-312-3732rachel.ferry@rackspace.com