On November 13, 2013, Brian Deevy was elected to the board of directors of Ascent Capital Group, Inc. Following Mr. Deevy's election, the company has a total of five directors, divided among three classes, with Mr. Deevy to serve as a Class II director with a term expiring at the annual meeting of stockholders in 2016. The Board has determined that Mr. Deevy qualifies as an independent director for purposes of the rules of The Nasdaq Stock Market as well as applicable rules and regulations adopted by the Securities and Exchange Commission. The Board also appointed Mr. Deevy to serve on each of the Audit Committee and the Compensation Committee of the Board.