Investor Relations

SIRIUS Satellite Radio Launches The Wiseguy Show, A Celebration Of Italian-American Culture

Actor Vincent “Big Pussy” Pastore Will Host Live, Weekly Show

NEW YORK — March 23, 2004 — SIRIUS Satellite Radio (NASDAQ: SIRI) today announced The Wiseguy Show, a weekly three-hour celebration of Italian-American culture. Veteran actor Vincent Pastore, best known for his role as Salvatore “Big Pussy” Bonpensiero on the HBO-TV series The Sopranos, will host the program.

Each week on The Wiseguy Show, Pastore will interview prominent guests from the Italian-American community. Pastore will also discuss current events, review movies, perform skits, give sex advice, and interact with SIRIUS listeners.

Of course, no show about Italian-Americans would be complete without music from such notables as Frank Sinatra, Dean Martin, Al Martino, Jerry Vale and other classic crooners, and they’ll be included in The Wiseguy Show.

In addition to his work on The Sopranos, Pastore has appeared in a number of blockbuster movies and TV programs, including Carlito’s Way, Basketball Diaries, Gotti, Mickey Blue Eyes, Hurricane, Serving Sara and Witness to the Mob.

Musician, actor and SIRIUS creative consultant “Little” Steven Van Zandt will serve as Executive Producer of The Wiseguy Show. Van Zandt portrays Silvio Dante on The Sopranos. Award-winning New York radio personality Joe “Supreme Cugine” Causi will produce the show.

The Wiseguy Show will air live exclusively on SIRIUS’ commercial-free music stream Standard Time // 75 starting Saturday, March 27 at 4 pm ET . The program will be rebroadcast on the following day at 6 pm ET on SIRIUS Talk Central // 144.

The Wiseguy Show is the first program created for SIRIUS by Van Zandt’s Renegade Productions.

SIRIUS Satellite Radio provides listeners with more than 100 streams of the best music and entertainment coast-to-coast. SIRIUS offers 61 music streams with no commercials, along with over 40 world-class sports, news and entertainment streams for a monthly subscription fee of only $12.95, with greater savings for upfront payments of multiple months or a year or more. SIRIUS is also the official satellite radio partner of the NFL. Stream Jockeys create and deliver uncompromised music in virtually every genre to our listeners 24 hours a day. Satellite radio products bringing SIRIUS to listeners in the car, truck, home, RV and boat are manufactured by Kenwood, Panasonic, Clarion and Audiovox, and are available at major retailers including Circuit City, Best Buy, Car Toys, Good Guys, Tweeter, Ultimate Electronics, Sears, Crutchfield and, beginning this summer, RadioShack and DISH Network outlets. SIRIUS is the leading OEM satellite radio provider, with exclusive partnerships with DaimlerChrysler, Ford and BMW. Automotive brands currently offering SIRIUS radios in select new car models include BMW, MINI, Chrysler, Dodge, Jeep®, Mercedes-Benz, Nissan, Infiniti, Mazda, Audi, Ford, Lincoln-Mercury and Volkswagen. Automotive brands that have announced plans to offer SIRIUS radios in select models include Jaguar, Volvo, Land Rover and Aston Martin. Genmar Holdings, the world’s largest manufacturer of recreational boats, Formula Boats and Winnebago, the leading supplier of recreational vehicles and motor homes, also offer SIRIUS. Hertz currently offers SIRIUS in 29 vehicle models at 53 major locations around the country.

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Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2002 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our results of operations are: our dependence upon third parties to manufacture, distribute, market and sell SIRIUS radios and components for those radios; the unproven market for our service; our competitive position and any events which affect the useful life of our satellites.