Investor Relations

SIRIUS Brings Wall Street To Your Street

SIRIUS to Broadcast Hourly Reports and News Briefs from “The Wall Street Journal Report” and “Dow Jones Money Report”

NEW YORK – February 11, 2004 – SIRIUS Satellite Radio (NASDAQ: SIRI), known for delivering the very best in commercial-free music and premium sports entertainment to cars and homes across the country, announced today an agreement with The Wall Street Journal Radio Network, the leading provider of business-news programming for radio stations in the U.S.

Commencing this month, subscribers will be able to hear hourly market reports and news from experts at The Wall Street Journal Report and Dow Jones Money Report. SIRIUS subscribers will also be able to wake up every weekday morning with “The Wall Street Journal This Morning,” which covers the morning’s top business and money news, technology, careers and more.

“SIRIUS subscribers will now be able to receive the information they need to make smart business decisions, whether they’re in the biggest city, the smallest town, on the open road or even off-shore,” said Jay Clark, SIRIUS’ Executive Vice President of Programming. “This is one more example of our ability to offer SIRIUS subscribers not only the best in music and sports, but also the best in news and information.”

"We're delighted that business and money reports from The Wall Street Journal will be available to SIRIUS subscribers," said Paul Bell, Executive Director of The Wall Street Journal Radio Network. "These reports, and the one-hour 'Wall Street Journal This Morning' early-morning news program, are the best way for listeners to stay on top of the markets and their money."

SIRIUS is the only satellite radio service bringing listeners more than 100 streams of the best music and entertainment coast-to-coast in the United States. SIRIUS offers 61 music streams with no commercials, along with over 44 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 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, 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.

About The Wall Street Journal Radio Network
The Wall Street Journal Radio Network ( is the leading provider of business-news programming for radio stations in the United States. With its hourly business newscasts and "The Wall Street Journal This Morning" weekday early-morning news program, The Wall Street Journal Radio Network keeps listeners abreast of late-breaking business, consumer spending and financial-market news around the clock. The Wall Street Journal Radio Network is affiliated with 212 radio stations covering 92% of the U.S.

About Dow Jones & Company
In addition to The Wall Street Journal and its international and online editions, Dow Jones & Company (NYSE: DJ; publishes Barron's and the Far Eastern Economic Review, Dow Jones Newswires, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.