Monday, October 10, 2005

XM Satellite Radio Increases Lead with More Than 617,000 New Net Subscribers During Third Quarter of 2005

WASHINGTON, Oct. 3 /PRNewswire-FirstCall/ -- XM Satellite Radio(Nasdaq: XMSR), the nation's leading provider of satellite radio, todayannounced it added more than 617,000 new net subscribers during the thirdquarter of 2005 for a total of more than 5.03 million subscribers. Thissubscriber gain represents a 48 percent increase in new net subscriberscompared to the third quarter of 2004, when XM added more than 415,000 new netsubscribers.

"This continues to be a phenomenal year for XM Satellite Radio, with morethan 1.8 million new net subscribers since the beginning of 2005," said HughPanero, President and CEO, XM Satellite Radio. "During the third quarter, weincreased our lead as the number-one satellite radio company by topping fivemillion subscribers, and we expect to surpass six million by the end of theyear. This was our best third quarter ever, and with a tremendous line-up ofnew products and programming choices, we expect the fourth quarter to be themost successful in the history of our company."

Panero recently celebrated XM's five-million-subscriber milestone byopening the NASDAQ Stock Market in New York with Grammy-winning musical artistand actor Chris "Ludacris" Bridges, who will host an exclusive XM showstarting in January. During the quarter General Motors and XM also celebratedthe three millionth GM vehicle with factory-installed XM Satellite Radio.

XM's exclusive satellite radio coverage of Major League Baseball shiftsinto high gear this week with live play-by-play coverage of post-seasonaction, starting Tuesday with the San Diego Padres vs. the St. Louis Cardinalsat 1pm ET (XM Channel 183), the Boston Red Sox vs. the Chicago White Sox at4pm ET (XM Channels 176 and 190) and the New York Yankees vs. the Los AngelesAngels at 7pm ET (XM Channels 177 and 190).

Today also marks the debut of "Take Five," the XM talk radio channel aimedat women, featuring satellite radio broadcasts of high-profile programs suchas "The Ellen DeGeneres Show." This Wednesday, XM will begin carrying NationalHockey League games as part of a ten-year agreement with the NHL.


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