Future prospects and passionate employees helps Rackspace achieve top 30 award ranking

LONDON, 9th March, 2009 - Rackspace (www.rackspace.co.uk), the world's leader in the hosting and cloud computing industry today announces that it has been voted as the 30th best place to work and once again the highest ranking IT Services company, in the prestigious Sunday Times 100 Best Companies Awards. Commended for its continued focus on employee engagement, Rackspace has ranked as one of the top ten companies for people, who love what they do, believe in the company and its future and deliver a great service.

Rackspace has, for the third year running, been featured in the top tier of the Sunday Times Best Employer Awards. The Awards, which are based on employee interviews, indicate that Rackspace has created a fun and caring environment that helps nurture and grow individual talent.

The Sunday Times notes that 89 percent of Rackspace employees that responded to the survey are excited about where the company is going, with 79 percent saying their work is great for their personal growth and 95 per cent stating that they are proud to work for the organisation.

Brian Thomson, EMEA Managing Director at Rackspace, comments: "We are very proud of all the progress we have made in our business over the last year and what is truly pleasing is that as the company has grown our 'Rackers' continue to feel valued in their roles.

"We are thrilled to see that our employees love what they do and are excited at where the business is going. Our continued success is without doubt because of our Racker's tireless dedication to Fanatical Support and the passion they show every single day."

Rackspace is one of the UK's most successful and fastest growing providers of IT hosting services. It has consistently been recognised for its excellence as an IT employer, with a number of accolades, most recently being one of only14 companies to receive a Laureate award from the Financial Times for being one of the best places to work in the UK and Europe 2009.

About Rackspace Hosting
Rackspace Hosting is the world's leader in the hosting and cloud computing industry and has been ranked in Financial Times Top 50 Great Place to Work in the United Kingdom for the past five years. Rackspace provides its customers with Fanatical Support ® by delivering a portfolio of hosted IT services, including Managed Hosting, Cloud Hosting and Email and Apps. For more information, visit www.rackspace.co.uk

Forward-Looking Statements
This press release contains "forward-looking" statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, any statements about historical results that may suggest trends for our business; any statements of the plans, strategies, and objectives of management for future operations; or any statements of expectation or any statements of assumptions underlying any of the items mentioned. These statements are based on estimates and information available to us at the time of this presentation and are not guarantees of future performance. Actual results could differ materially from our current expectations as a result of many factors, including but not limited to: the unpredictable nature of our rapidly evolving market and quarterly fluctuations in our business; the effects of competition; changes in the economy, technological and competitive factors, regulatory factors, and other risks that are described in our report on Form 10-K for the year ended December 31, 2009 filed with the Securities and Exchange Commission on February 26, 2010. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For more information, please contact
Alex Brooks/Kate Mills
Rackspace@rocketcomms.net
08453 707 024