NEWS RELEASE

XM PUBLIC RADIO TO AIR EXCLUSIVE INTERVIEW WITH YUSUF ISLAM (CAT STEVENS) ON SEPTEMBER 30

9/29/2004

PROGRAM FEATURES INTERVIEW WITH SINGER/SONGWRITER TAPED IN WASHINGTON, D.C. IN MAY 2004 PRIOR TO RECENT DEPORTATION

Washington D.C., September 29, 2004 -- XM Satellite Radio, the nation's leading provider of satellite radio with more than 2.1 million subscribers, will air a recent, never-before-heard interview with Yusuf Islam, the singer/songwriter formerly known as Cat Stevens, this Thursday, September 30, at 8:00 am ET on XM Public Radio (XM Channel 133).

Islam was barred from entering the United States on September 21 after the Department of Homeland Security diverted a London-to-Washington, D.C. flight carrying the musician. According to the Associated Press, government officials said Islam had been placed on a no-fly list because of national security concerns.

The 30-minute special on XM Public Radio (XMPR) will include an interview with Islam by XM on-air host George Taylor Morris taped at the XM studios in Washington, D.C., on May 20, 2004.

Encore broadcasts of the interview will air on XMPR Thursday at 8:30am, 8:00pm and 8:30 pm ET. The program will also air Thursday on the rock channel Deep Tracks (XM Channel 40) at 8:00 am and 8:00 pm ET.

About XM Satellite Radio

XM is America's #1 satellite radio service with more than 2.1 million subscribers. Broadcasting live daily from

1 studios in Washington, DC, New York City and Nashville, Tennessee at the Country Music Hall of Fame, XM's 2004 lineup includes more than 130 digital channels of choice from coast to coast: 68 one-hundred-percent commercial- free music channels, featuring hip hop to opera, classical to country, bluegrass to blues; 34 channels of premier sports, talk, comedy, children's and entertainment programming; and 21 channels of the most advanced traffic and weather information for major metropolitan areas nationwide.

Affordable, compact and stylish XM satellite radio receivers for the home, the car, the computer and boom boxes for "on the go" are available from retailers nationwide. In addition, XM is available in more than 80 different 2004 car models. XM is a popular factory- installed option on more than 40 new General Motors models, as well as a standard feature on several top-selling Honda and Acura models. Later in 2004, JetBlue Airways and AirTran Airways passengers will be able to listen to XM's programming in-flight. This fall, XM will offer XM NavTraffic, a new service that will provide real-time traffic information for vehicle navigation systems. For more information about XM, 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 3-15-04. Copies of the filing are available upon request from XM Radio's Investor Relations Department.

XM Contact Chance Patterson Phone: 202-380-4318 [email protected]

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