XM Reaches Multi-Year Agreement With Fox Sports To Be Exclusive Satellite Radio Network of BCS National Championship Game, Other BCS Games

XM Reaches Multi-Year Agreement With Fox Sports To Be Exclusive Satellite Radio Network of BCS National Championship Game, Other BCS Games

WASHINGTON, May 24 /PRNewswire-FirstCall/ -- XM Satellite Radio today announced it has reached a multi-year agreement with FOX Sports to become the exclusive satellite radio network of the Bowl Championship Series (BCS) National Championship Game and other BCS games, beginning January 2008.

The agreement means XM Radio is the satellite radio network for college football fans to tune into the Allstate BCS National Championship Game, Allstate Sugar Bowl, Tostitos Fiesta Bowl and FedEx Orange Bowl.

"College sports is a very important element of our programming strategy, and these games are a must for college football fans," said Eric Logan, executive vice president of programming, XM Satellite Radio. "These games help reinforce XM Radio's position as the ultimate destination for people who love college sports. FOX Sports is a longtime partner of XM, and we're very excited to be working together to bring live coverage of these games to fans across the country."

"FOX Sports is pleased to have reached a multi-year BCS rights agreement with XM, the nation's leading satellite radio service," said FOX Sports COO Larry Jones. "The BCS is a true jewel in the nation's sports landscape, and everything we do in conjunction with it needs to be top-notch."

"The BCS is pleased to have XM as the exclusive satellite home of the Allstate BCS National Championship Game as well as the Allstate Sugar Bowl, Tostitos Fiesta Bowl and the FedEx Orange Bowl. College football fans all over the country now will be able to listen to these BCS games virtually anywhere," said BCS Coordinator Mike Slive.

The games are the latest addition to XM's robust line-up of college sports programming. XM is the official satellite radio network of the college sports conferences ACC, Big East, Big Ten, Pac-10, and SEC. More than eight million subscribers across the U.S. listen to XM on radios for the car, home, and portable use. XM puts a special emphasis on serving "displaced" sports fans who cannot hear their favorite teams on local outlets.

XM is the sports leader in satellite radio with more than 5,000 live sporting events a year. In addition to college sports, XM airs every Major League Baseball game for every team. XM carries NBA games on ESPN Radio, the National Hockey League, the PGA TOUR, and the IndyCar Series, including the 91st Indianapolis 500 this Sunday. XM is also the leading provider of sports talk radio with the 24-hour channels XM Sports Nation, MLB Home Plate, Home Ice, ESPN Radio, ESPNews, and Fox Sports Radio.

About XM

XM (NASDAQ:XMSR) is America's number one satellite radio company with more than 8 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 2006 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/.

FOX SPORTS -- As America's top-rated network for sports for the 10th- straight year (1997-2006), FOX Sports boasts rights agreements with each of the nation's highest-rated sports. FOX Sports is the exclusive national over- the-air television rights holder of Major League Baseball, including the All- Star Game, alternating League Championship Series and World Series (2007- 2013); the National Football League's NFC package, including the NFC Championship Game and Super Bowls XLII and XLV (2006-2011); NASCAR's NEXTEL Cup racing from February through May, including the Daytona 500 (2007-2014); the Bowl Championship Series, featuring the Tostitos Fiesta Bowl, FedEx Orange Bowl, Allstate Sugar Bowl from 2007 through 2010 and the BCS National Championship Game from 2007 through 2009; and the AT&T Cotton Bowl Classic. Since its inception in 1994, FOX Sports has earned 71 Emmy Awards for production excellence. David Hill and Ed Goren are the Executive Producers of FOX Sports.

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 3-9-06. Copies of the filing are available upon request from XM Radio's Investor Relations Department. Programming is subject to change.

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

Source: XM Satellite Radio

CONTACT: David Butler of XM Satellite Radio, +1-202-380-4317,
david.butler@xmradio.com

Web site:

http://www.xmradio.com/

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