XM Satellite Radio to Broadcast Radio Hall of Fame Induction Ceremony on Saturday; Bob Edwards of XM Public Radio Among Inductees

XM Satellite Radio, the nation's leading provider of satellite radio with more than 2.5 million subscribers, will air the Radio Hall of Fame induction ceremony live and nationwide from Chicago this Saturday, November 6, from 9 p.m. to 10 p.m. CT on XM Live (XM Channel 200) and XM Public Radio (XM Channel 133).

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Bob Edwards, the acclaimed public radio newsman and host of XM Public Radio's "The Bob Edwards Show," is one of four inductees to enter the prestigious hall.

"We at XM are very pleased to be able to broadcast the Radio Hall of Fame induction ceremony live to our millions of listeners," said Eric Logan, executive Vice President of Programming, XM Satellite Radio. "We are especially pleased because a member of the XM family, Bob Edwards, is to be inducted. Bob has been the preeminent voice of public radio for decades, and we congratulate him for this well-deserved recognition of his outstanding contributions to broadcast journalism. We are excited that Bob's fans across the country can tune in Saturday and be a part of the audience for this very special event."

Bob Edwards premiered his weekday morning program on XM Public Radio this fall. Previously, he hosted National Public Radio's "Morning Edition" for nearly 25 years, attracting more than 13 million listeners weekly. In 1999 he and the show received a Peabody Award for excellence in broadcasting. Edwards also received the Edward R. Murrow Award from the Corporation of Public Broadcasting for outstanding contributions to public radio.

Radio Hall of Fame inductees are selected by radio executives, broadcast historians and members of the hall through a national balloting process. The Radio Hall of Fame is located at the Museum of Broadcast Communications in Chicago. Saturday's induction ceremony will take place at the Renaissance Chicago Hotel.

XM Satellite Radio

XM Satellite Radio (Nasdaq: XMSR) is America's number one satellite radio service with more than 2.5 million subscribers. XM broadcasts live daily from studios in Washington, D.C., New York City and Nashville, Tennessee at the Country Music Hall of Fame. XM's 2004 lineup includes more than 130 digital channels of choice from coast to coast: 68 one-hundred-percent commercial-free music channels, featuring hip hop to opera, classical to country, bluegrass to blues; more than 40 channels of premier sports, talk, comedy, children's and entertainment programming; and 21 channels of the most advanced traffic and weather information for major metropolitan areas nationwide. As the official satellite radio network for Major League Baseball (MLB) and NASCAR, as well as ACC, PAC-10 and Big-10 collegiate football and basketball, XM Satellite Radio is the leader in sports radio programming, offering thousands of live sporting events each year. XM also is the leader in satellite radio for the automobile market through partnerships with General Motors and Honda, among others. XM is available in more than 100 new car models for 2005. XM offers a wide variety of satellite radios for listening at home, in the car, and on the go, including the Delphi MyFi, the first portable, hand-held satellite radio. Consumers can experience XM over the Internet through XM Radio Online at http://listen.xmradio.com. XM recently launched XM NavTraffic, which provides current traffic information for vehicle navigation systems. For more information about XM, visit http://www.xmradio.com.

Factors that could cause actual results to differ materially from those in the forward-looking statements in this press release include demand for XM Satellite Radio's service, XM's dependence on technology and third party vendors, its potential need for additional financing, as well as other risks described in XM Satellite Radio Holdings Inc.'s Form 10-K filed with the Securities and Exchange Commission on 3-15-04. Copies of the filing are available upon request from XM Radio's Investor Relations Department.

SOURCE XM Satellite Radio

http://www.xmradio.com

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