Xm Radio to Broadcast "Vote for Change" Finale Concert Live on October 11

NEWS RELEASE

XM RADIO TO BROADCAST "VOTE FOR CHANGE" FINALE CONCERT LIVE ON OCTOBER 11

10/6/2004

XM to broadcast the 4-hour concert in its entirety featuring Bonnie Raitt, Bruce Springsteen and the E Street Band, Dave Matthews Band, the Dixie Chicks, Jackson Browne, James Taylor, John Fogerty, John Mellencamp, Jurassic 5, Keb' Mo', Kenneth "Babyface" Edmonds, Pearl Jam, and R.E.M.

Washington D.C., October 06, 2004 -- XM Satellite Radio (Nasdaq: XMSR), the nation's leading provider of satellite radio, today announced it will broadcast live the finale of the Vote For Change concerts - presented by MoveOn PAC to benefit America Coming Together (ACT) - on October 11, starting at 7:00 pm (ET). All of the 13 artists participating in this fall's 37 city Vote For Change tour, including Bonnie Raitt, Bruce Springsteen and Dave Matthews will be performing at Washington, DC's MCI Center and heard live on XM. A team of XM on-air personalities will be reporting before, during and after this landmark concert.

"Our mission is to provide XM's listeners the best in live music whether it is an emerging artist playing an acoustic set at a small club, or the country's biggest names rocking a stadium stage," said Lee Abrams, XM's Chief Programming Officer. "We are fortunate to have all of these great artists performing right in our backyard here in the Nation's Capitol. On October 11, our more than 5 million XM listeners coast-to-coast will feel like they are here, too, sitting right in the front row."

The Vote for Change concert and the performer interviews will be broadcast on XM Live Channel 200. XM is the national live concert leader providing its listeners with the live broadcasts of performances from the Bonnarro Music Festival, Phish's Coventry Festival, Willie Nelson's Annual Fourth of July Picnic, the Telluride Folk Festival, the MerleFest Bluegrass Festival, the Shortlist of Music Awards Concert and the XM Live Performance Theater

1 About XM Satellite Radio

XM Satellite Radio is America's #1 satellite radio service with more than 2.5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville, Tennessee at the Country Music Hall of Fame, XM's 2004 lineup includes more than 120 digital channels of choice from coast to coast: 68 commercial-free music channels, featuring hip hop to opera, classical to country, bluegrass to blues; more than 40 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 and boom boxes for "on the go" are available from retailers nationwide. In addition, XM is available in more than 100 different 2005 car models. XM is a popular factory-installed option on more than 50 new General Motors models, as well as a standard feature on several top-selling Honda and Acura models. XM is available in many Avis rentals cars and will be coming soon to JetBlue and AirTran Airways. XM's new premium online music service, XM Radio Online, debuts in October. XM recently introduced XM NavTraffic, a new data 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 the Company'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 .