XM and Honda Launch Satellite Radio Program for Honda Certified Used Cars

XM and Honda Launch Satellite Radio Program for Honda Certified Used Cars

WASHINGTON, Jan. 23 /PRNewswire-FirstCall/ -- XM (NASDAQ:XMSR), the nation's leading satellite radio service, and American Honda Motor Co., Inc. today launched a satellite radio trial program for Honda Certified Used Cars with factory-installed XM Satellite Radio.

Under this new program, all certified pre-owned Honda models equipped with XM Satellite Radio will be available with three months of complimentary XM service and a waived activation fee. Honda models equipped with XM include the Accord, Accord Hybrid, Civic, Civic Hybrid, CR-V, Element, Odyssey, Pilot, and Ridgeline.

XM and Acura recently announced a similar program that introduces XM to customers who purchase an Acura Certified Pre-Owned Vehicle equipped with XM Satellite Radio. Combined with the Acura program, XM's partnership with American Honda Certified Programs will make XM available in more than 35,000 of these certified vehicles in 2007, and grow to more than 55,000 vehicles in 2008. The XM marketing program for certified pre-owned vehicles will continue to expand with the increasing availability of factory-installed XM Satellite Radio across both vehicle model lineups.

"XM's program for previously owned Honda models introduces XM to a new and growing category of car buyers, as more Honda vehicles are equipped with XM each year," said Marisa Uchin, Manager of Remarketing, Automotive, XM. "Honda Certified Used Car buyers can now conveniently experience XM's 170 plus channels of music, talk, sports and entertainment."

"Honda customers have increasingly come to expect the availability of XM satellite radio in their vehicles," said Dan Crowe, Automobile Remarketing Manager for Honda. "This program offers Honda Certified Used Car customers added value, and further differentiates certified used cars from run-of-the- mill used cars."

All Honda Certified Used Cars come standard with a 7-year/100,000-mile powertrain warranty and a 12-month/12,000-mile limited non-powertrain warranty.

About XM

XM (NASDAQ:XMSR) is America's number one satellite radio company with more than 7.6 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2007 lineup includes more than 170 digital channels of choice from coast to coast: commercial-free music, 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 140 different vehicle models for 2007. 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: Chance Patterson, +1-202-380-4318,
chance.patterson@xmradio.com, or Marie Farrar, +1-202-380-4151,
marie.farrar@xmradio.com

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

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