Investor Relations

SIRIUS COMMEMORATES FIFTH ANNIVERSARY OF MATTHEW SHEPARD'S DEATH

Special Live Programming to be Co-Hosted by Shepard's Longtime Friend and Feature Exclusive Interview with His Mother

New York - October 9, 2003 - SIRIUS Satellite Radio will present a live broadcast tribute honoring Matthew Shepard, the University of Wyoming student who died on October 12, 1998, a victim of a brutal hate crime. The incident sparked an unprecedented global response to anti-gay violence.

"SIRIUS OutQ Remembers Matthew Shepard," a six-hour special event, will air on Sunday, October 12, at 1 p.m. ET (10 a.m. PT) on SIRIUS OutQ stream 149. OutQ, the nation's only national 24/7 radio service for the Gay, Lesbian, Bisexual and Transgender community, will air exclusive interviews, interactive discussions; and an exclusive archival broadcast of a national vigil for Shepard. The program will be co-hosted by Romaine Patterson, an OutQ personality and a longtime friend of Shepard's. The tribute will feature:

  • An exclusive interview with Judy Shepard, Matthew's mother and the executive director of the Matthew Shepard Foundation.
  • Interviews with Matthew Shepard's friends and other residents of Laramie, Wyoming whose lives were forever changed by the magnitude of this crime.
  • The exclusive complete broadcast from the National Vigil for Matthew Shepard from 1998, organized by the Human Rights Campaign and held in front of the United States Capitol shortly after Shepard's death, including appearances by members of Congress, GLBT community leaders and high-profile entertainers.
  • Calls from SIRIUS OutQ listeners about the impact of Shepard's death on their lives, and an in-depth discussion over whether society is currently dealing with hate crimes any better than it did five years ago.

"As one of Matthew's close friends, I am honored to provide a vehicle for SIRIUS listeners to come together in his memory," said SIRIUS OutQ host Romaine Patterson. "Through the words of his family, friends and members of the community who were affected by the tragedy, we hope to strengthen the fight against anti-gay violence and connect with those who's loved one's have also been wrongfully harmed."

"Five years after Matthew's death, hate crimes still persist and people are being persecuted because of their sexual orientation," said SIRIUS OutQ program director John McMullen. "We are dedicated to making a change and creating a hate-free environment by continuing this very important dialogue through our programming."

This special will rebroadcast immediately following the live program, from 7 p.m. to 1 a.m. ET.

About SIRIUS

SIRIUS is the only satellite radio service bringing listeners more than 100 streams of the best music and entertainment coast-to-coast. SIRIUS offers 60 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. 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 and Crutchfield. 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®, Nissan, Infiniti, Mazda, Audi, Ford and Lincoln-Mercury. Automotive brands that have announced plans to offer SIRIUS in select models include Mercedes-Benz, Jaguar, Volvo, Volkswagen, 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, have also announced plans to offer SIRIUS.

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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.