July 18, 2003

SIRIUS TO ANNOUNCE SECOND QUARTER 2003 FINANCIAL AND OPERATING RESULTS ON AUGUST 6

NEW YORK – July 18, 2003 – SIRIUS (NASDAQ: SIRI), known for delivering the very best in commercial-free music and premium audio entertainment to cars and homes across the country, will announce second quarter 2003 financial and operating results on Wednesday, August 6, 2003. The company will hold a conference call at 10 A.M. Eastern Standard Time. To access the call, please dial one of the numbers listed below 5-10 minutes prior to the start time. Toll-free number: (888) 955-8963 Toll number: (212) 547-0203 Pass code: SIRIUS

The conference call will also be web-cast in real-time on the company’s web site at www.sirius.com at 10 A.M. EST on August 6. The web-cast ID number is 5753024 and the pass code is SIRIUS.

If you are unable to participate in the live call on August 6, an audio replay will be available after 12 P.M. EST on August 6, through midnight EST on September 6. To access a replay of the call, please visit the company’s web site at www.SIRIUS.com or dial the toll-free number below.

Toll-free replay number: (800) 666-8698 Pass code: 8475

Conference ID and pass code for the web replay are the same as for the real-time web-cast and are listed above.

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, with greater savings for upfront payments of multiple months or a year or more. 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 and Mazda. Automotive brands that have announced plans to offer SIRIUS in select models include Ford, Lincoln, Mercury, Mercedes-Benz, Jaguar, Volvo, Audi, Volkswagen, Land Rover and Aston Martin.

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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