XM Satellite Radio Schedules Third Quarter 2006 Financial Results Conference Call on November 6

XM Satellite Radio Schedules Third Quarter 2006 Financial Results Conference Call on November 6

WASHINGTON, Oct. 23 /PRNewswire-FirstCall/ -- XM Satellite Radio (NASDAQ:XMSR) has scheduled a conference call on Monday, November 6, 2006, at 10:00 AM ET to announce and discuss its third quarter 2006 financial results. Prior to the call, XM Radio's third quarter 2006 results will be posted to the Company's website at http://www.xmradio.com/ and released to PR Newswire and First Call.

To listen to the conference call via telephone, please call one of the following numbers approximately 10 minutes prior to the planned start of the call.

Call-in number: (877) 265-5808
Local call-in number: (706) 679-7931

The conference call can also be accessed through a live webcast on the Company's website at http://www.xmradio.com/about/about_us.html (click on Investor Information link). The webcast of the call will also be archived on the Company's website.

If you are unable to participate in the scheduled call, a replay of the conference call will be available after 11 a.m. ET on Monday, November 6, 2006 until February 6, 2007.

Playback Numbers: (800) 642-1687
Local playback number: (706) 645-9291
Conference ID#: 9516199

About XM Satellite Radio

XM (NASDAQ:XMSR) is America's number one satellite radio company with more than 7 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 more than 170 digital channels of choice from coast to coast: the most music, plus premier sports, news, talk radio, 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, Hyundai, Nissan, Porsche, Subaru, Suzuki and Toyota is available in more than 140 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.

First Call Analyst:
FCMN Contact: david.butler@xmradio.com

Source: XM Satellite Radio

CONTACT: Joe Wilkinson, +1-202-380-4008, joe.wilkinson@xmradio.com, or
Chance Patterson, +1-202-380-4318, chance.patterson@xmradio.com, both of XM
Satellite Radio

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

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