Investor Relations

Last Show at Legendary New York Club CBGB will be Broadcast Live Exclusively by SIRIUS Satellite Radio

Patti Smith will perform club's last show on Oct. 15

NEW YORK, Oct 10, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- SIRIUS Satellite Radio (Nasdaq: SIRI) will broadcast the last performance at legendary New York City rock club CBGB, featuring artist Patti Smith, on Sunday, October 15.

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Smith's performance will be broadcast live exclusively on commercial-free SIRIUS music channel 24, SIRIUS Disorder, starting at 9 pm ET.

The famed club is closing following unsuccessful rent negotiations with its landlord. News of its demise has prompted worldwide press coverage and sparked several campaigns to save the musical landmark. Tickets to the October 15 final show with Smith were sold out in 8 minutes, according to CBGB's founder and owner, Hilly Kristal.

Smith, who has been called "punk rock's poet laureate" and is considered one of rock music's most influential and significant artists, first played CBGB in February 1975. She said, "Although we mourn the closing of CBGB, we should remember CBGB, not merely as a place. It is a state of mind."

Since its 1973 opening, many thousands of music lovers have flocked to the Bowery bar that became famous as the birthplace of American punk music. Although Kristal originally intended to present country, bluegrass and blues music shows (which the letters CBGB stand for), the club became known for pioneering performances by New York rock and punk acts including Smith, Television, Blondie and The Ramones, to name a few. The only "rule" regarding playing CBGB was that a band or artist had to play all-original music, and its small stage hosted artists of many genres through the years.

Freeform channel 24, SIRIUS Disorder, was created and is programmed by longtime New York radio DJ Meg Griffin. The channel features adventurous music for grownups, from a diversity of styles and eras, and is where shows hosted by radio veteran Vin Scelsa and musicians David Johansen, Larry Kirwan (Black 47), Marky Ramone and The Kennedys can be heard.

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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, 2005 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2006 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming partners, our competitive position and any events which affect the useful life of our satellites.


    Media Contact:

    Elise Brown

SOURCE SIRIUS Satellite Radio

Elise Brown of SIRIUS, +1-212-584-5290,

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