New York Yankee All-Star Derek Jeter Signs on With XM Satellite Radio

New York Yankee All-Star Derek Jeter Signs on With XM Satellite Radio

WASHINGTON, Nov. 21 /PRNewswire-FirstCall/ -- XM Satellite Radio (NASDAQ:XMSR), the nation's leading satellite radio service with more than 5 million subscribers and the official satellite radio network of Major League Baseball (MLB), today announced New York Yankees' All-Star shortstop Derek Jeter has joined forces with XM to promote XM's critically-acclaimed MLB programming. The deal also includes a partnership with the Turn 2 Foundation, the non-profit organization founded by Jeter to promote healthy, drug-free lifestyles and academic achievement for young people. In addition, Jeter will make regular guest appearances throughout the year on MLB Home Plate (XM Channel 175), XM's 24-hour MLB news and talk channel.

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"To help extend the lead of a winning team like XM is a terrific opportunity, especially since I am a huge XM Satellite Radio fan. I am excited to share my enthusiasm for XM's unmatched Major League Baseball programming and unprecedented choice in news, talk, entertainment and, of course, commercial-free music," said Derek Jeter.

Jeter will be featured throughout XM's broad MLB marketing activities, including television, print and online media, as well as retail promotions. Jeter also appears in XM's new "Listen Large(TM)" holiday marketing campaign, which debuted earlier this month, and features television, print, radio, online and outdoor advertising to promote XM's wide variety of programming and best-in-class satellite radios. Jeter also will make regular guest appearances on various MLB Home Plate programs, including "MLB This Morning" and "The Show."

"Derek Jeter is a phenomenal athlete whose contributions both on and off the field have made him an outstanding ambassador for Major League Baseball and an ideal choice to help promote XM's unparalleled, year-round MLB coverage to fans across the country," said Hugh Panero, president and CEO, XM Satellite Radio.

In 2004, XM and MLB entered into an 11-year broadcast and marketing partnership, making XM the exclusive satellite radio network of Major League Baseball.

About XM Satellite Radio

XM is America's number one satellite radio service with more than 5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville at the Country Music Hall of Fame, XM's 2005 lineup includes more than 150 digital channels of choice from coast to coast: the most commercial-free music channels, plus premier sports, talk, comedy, children's and entertainment programming; and 21 channels of the most advanced traffic and weather information. XM was named Best Radio Service at the 2004 Billboard Digital Entertainment Awards.

XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan and Volkswagen/Audi, is available in more than 130 different vehicle models for 2006. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com/.

Factors that could cause actual results to differ materially from those in the forward-looking statements in this press release include demand for XM Satellite Radio's service, the Company's dependence on technology and third party vendors, its potential need for additional financing, as well as other risks described in XM Satellite Radio Holdings Inc.'s Form 10-Q filed with the Securities and Exchange Commission on 11-7-05. Copies of the filing are available upon request from XM Radio's Investor Relations Department.

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Source: XM Satellite Radio

CONTACT: Anne-Taylor Griffith of XM Satellite Radio, +1-202-380-4151,
annetaylor.griffith@xmradio.com

Web site: http://www.xmradio.com/

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