XM Radio to Air ESPYs, Exclusive Red Carpet Specials

WASHINGTON, D.C., July 10, 2008 -- XM will be the exclusive satellite radio provider of the 2008 ESPYs celebration in cooperation with ESPN. XM will simulcast the ESPN TV awards show on July 20 9-11 pm ET, and it will air pre- and post-awards specials produced by ESPN exclusively for XM listeners.

ESPN Radio's Jason Smith will host the XM specials 8-9 pm and 11-midnight ET from the red carpet at the Nokia Theatre L.A. LIVE, the entertainment complex in downtown Los Angeles.

XM's coverage of The ESPYs will air nationwide on ESPN XTRA, the XM channel featuring round-the-clock sports news and commentary from ESPN Radio and ESPNEWS. ESPN XTRA, which premiered on XM in February 2008, is XM channel 141.

Hosted by Justin Timberlake, The 2008 ESPYs will bring celebrities from sports and entertainment together to commemorate the past year in sports by recognizing major sports achievements and honoring the leading performers and performances. Scheduled presenters include Lance Armstrong, Jason Bateman, David Beckham, Kristen Bell, Sophia Bush, Ashanti, Zac Efron, Brendan Fraser, Samuel L. Jackson, Jet Li, Steve Nash, David Ortiz, Candace Parker, Danica Patrick, Annika Sorenstam, Kate Walsh and Luke Wilson.

About XM

XM is America's number one satellite radio company with more than 9.3 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, Nashville, Toronto and Montreal, XM's 2008 lineup includes more than 170 digital channels of choice from coast to coast: commercial-free music, premier sports, news, talk radio, comedy, children's and entertainment programming; and the most advanced traffic and weather information.

XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Hyundai, Nissan, Porsche, Ferrari, Subaru, Suzuki, and Toyota, is available in 140 different vehicle models for 2008. XM's industry-leading products are available at consumer electronics retailers nationwide. XM programming is also available through XM Radio Online, as downloads of original XM shows via podcasts from XM's Web site or the Apple's iTunes Store, and as streams of commercial-free XM music channels to AT&T and Alltel wireless customers through XM Radio Mobile. For more information about XM hardware, programming and partnerships, please 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, the Company'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 2-28-08. Copies of the filing are available upon request from XM Radio's Investor Relations Department. Programming is subject to change.

Contact: David Butler, XM Satellite Radio, 202-380-4317, david.butler@xmradio.com