August 26, 2004

SIRIUS Satellite Radio On-Air Host Kerri Walsh Captures Olympic Gold In Athens

Walsh, Reporting From Athens for SIRIUS Faction, Wins Beach Volleyball Gold Medal

NEW YORK - August 26, 2004 – SIRIUS Satellite Radio (NASDAQ:SIRI) on-air personality Kerri Walsh is now an Olympic gold medal winner. Walsh and her partner Misty May defeated a team from Brazil Tuesday night in Athens, Greece to win top honors in the women's beach volleyball competition.

Walsh joined SIRIUS shortly before the 2004 Summer Olympics and has been filing regular reports from the Olympic Village exclusively for Faction, the new action sports-themed music station heard exclusively on SIRIUS. Her "behind-the-scenes" updates have brought listeners from across the U.S. into her daily life in Athens, from the sands of the beach volleyball court to the nightlife. SIRIUS subscribers can now hear what it's like to win an Olympic medal directly from the gold medalist herself.

Arguably the best female volleyball player in history, it only makes sense that Kerri Walsh join the ranks of skateboarding icon Tony Hawk and surfing legend Kelly Slater as a regular on SIRIUS Faction, the commercial-free, uncensored, innovative music channel created especially for action sports enthusiasts.

Scott Greenstein, SIRIUS President of Entertainment and Sports said, "We congratulate Kerri Walsh and Misty May on their amazing string of victories in Athens, and are thrilled to have her in the Faction family.”

Over the next few months, SIRIUS will announce additional star athletes who will join Kerri Walsh, Tony Hawk, Kelly Slater and Bam Margera on Faction's on-air team.

To get SIRIUS, visit or visit Radio Shack, Best Buy, Wal-Mart, Circuit City or your favorite electronics retailer.

SIRIUS, now available to over 10 million DISH Network satellite TV and SIRIUS Satellite Radio subscribers, provides listeners with over 120 channels of the best commercial-free music, sports, information and entertainment, with digital quality sound coast-to-coast, broadcast daily from New York City, Los Angeles, Nashville, New Orleans, Houston and Daytona. SIRIUS offers 65 channels of 100% commercial-free music, featuring multiple categories of pop, rock, country, hip-hop, R&B, dance, jazz, classical and Latin music, along with more than 50 channels of world-class sports, news, talk entertainment, traffic and weather for a monthly subscription fee of only $12.95, with greater savings for upfront payments of multiple months or a year or more. SIRIUS also broadcasts live play-by-play games of the NHL and the NFL, and is the Official Satellite Radio partner of the NFL.

SIRIUS Satellite Radio products for the car, truck, home, RV and boat are manufactured by Alpine, Audiovox, Blaupunkt, Clarion, Eclipse, Jensen, JVC, Kenwood, Panasonic and U.S. Electronics, and can be purchased at major retailers including Advance Auto Parts, Best Buy, Car Toys, Circuit City, Crutchfield, Good Guys, Wal-Mart, Sears, Tweeter and Ultimate Electronics, along with RadioShack and DISH Network outlets.

SIRIUS’ exclusive automotive partners DaimlerChrysler, Ford and BMW represent over 40% of new cars and light trucks sold annually in the United States. Automotive brands currently offering SIRIUS radios in select new car models include BMW, MINI, Chrysler, Dodge, Jeepâ, Nissan, Infiniti, Mazda, Audi, Ford, Lincoln-Mercury, Mercedes-Benz, Porsche and Volkswagen. Automotive brands that have announced plans to offer SIRIUS radios in select models include Jaguar, Volvo, Land Rover and Aston Martin. In 2004, SIRIUS radios are expected to be available in over 80 different car models, with more than 50 of them factory programs. Also, Hertz currently offers SIRIUS in 29 vehicle models at 53 major locations around the country. In addition, the Penske companies – Penske Auto Group, United Auto Group and Penske Trucking – are offering SIRIUS radios as a factory installed option, where available, in their cars and trucks through their dealerships.

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.

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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, 2003 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.

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