XM Satellite Radio Chairman Gary Parsons to Speak at the Morgan Stanley 11th Annual Media & Communication Conference

XM Satellite Radio Chairman Gary Parsons to Speak at the Morgan Stanley 11th Annual Media & Communication Conference

WASHINGTON, May 24 /PRNewswire-FirstCall/ -- XM Satellite Radio (NASDAQ:XMSR) today announced Gary Parsons, Chairman of the Board, XM Satellite Radio, is scheduled to make a company presentation and participate in a question and answer session at the Morgan Stanley 11th Annual Media & Communications Conference in Washington, D.C., Wednesday, May 24, 2006, at 2:45 pm ET.

A live audio web cast of the presentation will be available via the Investor Relations section of the XM website (http://www.xmradio.com/about/about_us.html; click on "Investor Information") on Wednesday, May 24, 2006, at 2:45 pm ET.

About XM Satellite Radio

XM is America's number one satellite radio service with more than 6.5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2006 lineup includes 170 digital channels of choice from coast to coast: commercial-free music channels, plus premier sports, talk, comedy, children's and entertainment programming; and the most advanced traffic and weather information.

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-K filed with the Securities and Exchange Commission on 3-3-06. Copies of the filing are available upon request from XM Radio's Investor Relations Department.

Source: XM Satellite Radio

CONTACT: Media: Nathaniel Brown, +1-212-708-6170,
nathaniel.brown@xmradio.com; or Chance Patterson, +1-202-380-4318,
chance.patterson@xmradio.com; or Investor, Joe Wilkinson, +1-202-380-4008,
ir@xmradio.com, all of XM Satellite Radio

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

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Profile: International Entertainment