Investor Relations

Lynyrd Skynyrd And SIRIUS Bring Consumer Electronics Show To A Halt With Live Concert

SIRIUS Satellite Radio Booth Draws Overflowing Crowd Resulting in Threatened Shut Down

CES, LAS VEGAS - January 9, 2004 - SIRIUS Satellite Radio (NASDAQ: SIRI), known for delivering the very best in commercial-free music and premium sports programming to cars and homes across the country, today brought the Consumer Electronics Show to a halt with a live performance by Lynyrd Skynyrd. The concert, broadcast live in surround sound on SIRIUS, was attended by huge numbers of convention attendees and packed the aisles and neighboring booths.

The exclusive SIRIUS concert was threatened with shut down by convention authorities, and was cited for noise violations and overcrowding. SIRIUS has been the entertainment hub during the four day show. Live, exclusive performances from LeAnn Rimes, 3 Doors Down, Buddy Guy, Buddy Jewell, Trace Adkins Jonny Lang, Ricky Skaggs, have rocked CES. The Bangles, Ziggy Marley, Joe Jackson and Ray Herndon are scheduled to appear at the SIRIUS booth on Saturday.

"The Consumer Electronics Show has never seen an entertainment lineup like this ever," said Joseph P. Clayton, President & CEO, SIRIUS. "This level of excitement and entertainment is what SIRIUS is all about - the best in satellite radio programming."

Lynyrd Skynyrd performed fan favorites Sweet Home Alabama and Gimme Back My Bullets; plus a variety of songs from their new album.

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. 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.