February 24, 2004

SIRIUS Satellite Radio Makes Million Dollar Dreams Come True

Arkansas Couple Each Receive Million Dollar Prize from SIRIUS

NEW YORK--February 24, 2004 - Forty years ago, Shirley and William Jones thought they had made the big choice when they decided to get married. It turns out that 40 years later, Shirley made an even bigger choice when she entered the SIRIUS Big Choice Sweepstakes, which promised a million dollar prize to a lucky entrant and a million to another person the winner chose. For this Knoxville, Arkansas couple, the choice was easy - the spouse would become the second million-dollar winner -- and now the rest of America is trying to "keep up with the Joneses."

SIRIUS, known for delivering the very best in commercial-free music and premium sports programming to cars and homes across the country, announced the Big Choice Sweepstakes in September 2003, and word of the opportunity spread rapidly among friends in the Jones’ close-knit Knoxville community. The Jones had recently retired -- he from the construction business and she from accounting -- and they returned to their home in Arkansas to be closer to friends and family.

The Joneses were also no strangers to SIRIUS. The move back to Arkansas meant the couple had few radio options, including just one country music station with poor reception. “There’s not a lot of choice in the boondocks,” said Shirley of her beloved town, with a laugh.

Having considered adding satellite radio to their lives for some time, Shirley was excited to log on to the SIRIUS web site to discover the numerous music, news and entertainment choices. Their unrequited love of country music is now satiated by SIRIUS’ six 100% commercial-free country music streams, including New Country, Prime Country, The Roadhouse, The Border, Bluegrass, and Folk Town. And if that isn’t enough, SIRIUS delivers a total of 61 100% commercial-free music streams and more than 40 streams of news, sports, and entertainment, including complete coverage of every NFL game, every week beginning this coming football season.

When the doorbell rang a few weeks ago, Shirley thought her husband was just trying to fix it. She went to the door to double check, and instead found a package with her husband’s name on it. When the couple opened it up and read the first line of the documents informing them of their winnings, “I almost fell over,” Shirley said. “As both parents and grandparents, it takes a lot to shock us, but SIRIUS managed to do it.”

With their winnings, Shirley and William plan to purchase a new car or two (equipped with SIRIUS, of course). The Joneses could use their prize money to scoot around the country with SIRIUS as a factory or dealer option in the 2005 New Beetle or in the 2005 all-new Jetta. Or, they can choose from six Mazda vehicles that will feature SIRIUS as a dealer-installed option including the Mazda Tribute, Mazda MPV, Miata, RX-8, MAZDA3, and MAZDA6. Other automotive brands offering SIRIUS in select new car models include BMW, MINI, Chrysler, Dodge, Jeep®, Nissan, Infiniti, Audi, Ford and Lincoln-Mercury.

The Joneses also plan to assist a family member, and make a number of smart investments so that they can enjoy a long, comfortable retirement.

And with their new SIRIUS radios, the couple will be able to wake up every weekday morning to “The Wall Street Journal This Morning,” which covers the morning’s top business and money news, technology, careers and more. And they’ll hear hourly market reports and news from experts at The Wall Street Journal Report and Dow Jones Money Report, not to mention business news from CNBC, CNN and Fox News. All this so SIRIUS can help the Jones’ put their winnings in all the right places.

* Each winner will receive an annuity of $1 million to be paid as $50,000 a year for 20 years.

SIRIUS is the only satellite radio service bringing listeners more than 100 streams of the best music and entertainment coast-to-coast. SIRIUS offers 61 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 RadioShack, 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.

Click on www.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 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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