Leading Automakers Express Support for SIRIUS-XM Satellite Radio Merger

WASHINGTON and NEW YORK, Dec. 17, 2007 /PRNewswire - FirstCall/ -- The world's leading automakers joined the list of prominent businesses and organizations in favor of the merger of XM Satellite Radio (NASDAQ:XMSR) and SIRIUS Satellite Radio (NASDAQ:SIRI) . General Motors Corporation, Ford Motor Company, Toyota, Honda, Hyundai and Kia Motors America have publicly supported a combined SIRIUS-XM. Chrysler also sent a letter to FCC Chairman Kevin Martin and Assistant Attorney General Thomas Barnett expressing no opposition to the merger. In 2006, these automakers sold more than 14 million vehicles, or over 85% of the light vehicles sold in the United States.

In its letter filed with the FCC, General Motors cited the enhanced program offerings and lower prices that a combined SIRIUS-XM would offer:

"General Motors believes the proposed merger is and will be in the public
interest because the merged company will be able to offer consumers
expanded programming choices and a broad range of service packages,
including packages at lower prices." - (Richard M. Lee, Executive
Director - Satellite Radio Services, General Motors North American
Operations)

Ford Motor Company listed a number of benefits to America's drivers as well as pointing out the positive impact that the merger would have on the competitive landscape:

"We believe that a company that combines the capabilities of SIRIUS and XM
could serve the interests of consumers by offering a more dynamic and
potentially cost-effective product, spurring additional competition with
audio entertainment providers such as terrestrial radio, and that this may
result in greater innovation." - (Paul Mascarenas, Vice President
Engineering, Product Development - The Americas, Ford Motor Company)

American Honda echoed this sentiment, describing the highly competitive audio entertainment marketplace in which SIRIUS and XM operate:

" ... It has become evident that satellite radio and digital satellite
services must compete mightily in the U.S. with a wide array of burgeoning
entertainment forms and an ever-widening list of technology participants
who are delivering services in this space." - (Charles Koch, Manager,
American Honda Product Planning)

Kia Motors highlighted the enhanced programming options and lower costs the merger would provide Kia drivers.

"This expanded choice and lower price is exactly the value our consumers
want and deserve." - (Len Hunt, Executive Vice President and Chief
Operating Officer, Kia Motors America)

Hyundai noted the pricing benefits and the "best of both" option that the merger would afford consumers:

"Rather than being forced to choose between content that currently is
exclusive to one satellite radio provider, our customers will gain access
to packages offering the 'best of both' services for significantly less
than the current combined price, as well as packages of fewer channels at
much lower prices." - (Wayne Killen, Director of Product Planning, Hyundai
Motor America)

The strong support of many leading automakers is just one more indication of the growing momentum in favor of the merger from consumers, public interest groups, analysts, Members of Congress and many others, including: National Association for the Advancement of Colored People (NAACP), League of United Latin American Citizens (LULAC), Americans for Tax Reform, Independent Women's Forum, Parents Television Council, American Trucking Associations, Charlie Daniels, RadioShack and Circuit City Stores, Inc.

The letters from leading automakers and other supportive comments can be found on the SIRIUS-XM merger websites www.SIRIUSmerger.com or www.XMmerger.com.

About SIRIUS

SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR and NBA, and broadcasts live play-by-play games of the NFL and NBA, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.

SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 80 channels of talk, entertainment, sports, and 100% commercial free music.

SIRIUS Backseat TV(TM) is the first ever live in-vehicle rear seat entertainment featuring three channels of children's TV programming, including Nickelodeon, Disney Channel and Cartoon Network, for the subscription fee of $6.99 plus applicable audio subscription fee.

SIRIUS products for the car, truck, home, RV and boat are available in more than 20,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.

SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.

Click on www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.

About XM

XM is America's number one satellite radio company with more than 8.5 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/ .

Source: XM; SIRIUS

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