Investor Relations

SIRIUS TO ANNOUNCE FIRST QUARTER 2003 FINANCIAL AND OPERATING RESULTS ON MAY 14

NEW YORK, April 30 - SIRIUS, (Nasdaq: SIRI) the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, will announce first quarter 2003 financial and operating results on Wednesday, May 14, 2003.

The company will hold a conference call at 10:00 am EST. To access the call, please dial in 5-10 minutes prior to the start time using one of the numbers below.

  • Toll-free number: (888) 942-8135
  • Toll number: (630) 395-0252
  • Pass code: SIRIUS

The conference call will also be webcast on the company's website at sirius.com at 10:00 am EST on May 14.

If you are unable to participate in the LIVE call on May 14, an audio reply will be available after 1:00 pm EST on May 14, through midnight Eastern Daylight Time on June 13. To access a replay of the call, please dial one of the numbers below.

  • Toll-free replay number: (800) 925-4850
  • Toll replay number: (402) 220-4323
  • Pass code: 8475

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. 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 auto industry 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, and Infiniti. Automotive brands that have announced plans to start offering SIRIUS in select models include: Ford, Lincoln, Mercury, Mercedes-Benz, Jaguar, Volvo, Mazda, Audi, Volkswagen, Land Rover, and Aston Martin.

Click on sirius.com to listen to SIRIUS LIVE, or to find a SIRIUS retailer or car dealer in your area.

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 need for substantial additional funds before the second quarter of 2004; 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.