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Xm Satellite Radio to Broadcast Live Farm Aid's 20Th Anniversary Concert

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Xm Satellite Radio to Broadcast Live Farm Aid's 20Th Anniversary Concert NEWS RELEASE XM SATELLITE RADIO TO BROADCAST LIVE FARM AID'S 20TH ANNIVERSARY CONCERT 9/8/2005 XM'S EXCLUSIVE SATELLITE RADIO BROADCAST TO FEATURE PERFORMANCES BY WILLIE NELSON, NEIL YOUNG, JOHN MELLENCAMP, DAVE MATTHEWS, KENNY CHESNEY, ARLO GUTHRIE, BUDDY GUY, EMMYLOU HARRIS, LOS LONELY BOYS, JOHN MAYER, WIDESPREAD PANIC, WILCO AND MORE Washington D.C., September 08, 2005 -- XM Satellite Radio (NASDAQ: XMSR), the nation's leading satellite radio service with more than 4.4 million subscribers, announced today that it will broadcast live the 20th Anniversary Farm Aid Concert on Sunday, September 18 direct from the Tweeter Center in Tinley Park, Ill. Hosted by XM's Jessie Scott, George Taylor Morris and Paul Bachmann, XM's coverage of this historic Farm Aid concert will begin at 12 noon ET on X Country (XM Channel 12) and XM Live (XM Channel 200), featuring artist interviews and complete live performances from the main Farm Aid 2005 stage. The 20th Anniversary Farm Aid concert line up will feature performances by Farm Aid directors Willie Nelson, John Mellencamp, Neil Young and Dave Matthews , as well as other celebrated musicians, including Kenny Chesney, Arlo Guthrie, Buddy Guy, Emmylou Harris, Los Lonely Boys, John Mayer, Susan Tedeschi, Widespread Panic and Wilco. Willie Nelson, Neil Young and John Mellencamp organized the first Farm Aid concert in 1985 to raise awareness about the loss of family farms and to raise funds to keep farm families on their land. Dave Matthews joined the Farm Aid Board of Directors in 2001. Farm Aid has raised more than $27 million to promote a strong and resilient family farm system of agriculture. Through public education and direct grants, Farm Aid supports national, regional and local efforts to build and strengthen family farm food production. 1 "XM is honored to share the goodwill and great music from the 20th Anniversary Farm Aid concert with XM listeners across the country," said Eric Logan, executive vice president of programming for XM Satellite Radio. "Not only does the annual Farm Aid concert produce unforgettable live music performances, it also increases awareness about the hardships facing family farms and helps generate funds to support America's farmers, including those devastated by Hurricane Katrina through Farm Aid's Family Farm Disaster Fund." XM is the leader in live music broadcasting. From the start, XM has brought live performances from thousands of artists in the state-of-the-art XM studios to its passionate subscribers. XM also continues to bring the best live performances from the nation's top concert venues and music festivals to its subscribers, including LIVE 8, Bonnaroo, Telluride Bluegrass Festival, South by Southwest (SxSW), Willie Nelson's Fourth of July Picnic, Merlefest, the Shortlist Awards, Phish's Coventry show, the CMA Music Festival, Quincy Jones' We are the Future Concert, the Tsunami Aid benefit and Vote for Change. *** About XM Satellite Radio XM is America's number one satellite radio service with more than 4.4 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville at the Country Music Hall of Fame, XM's 2005 lineup includes more than 150 digital channels of choice from coast to coast: the most commercial-free music channels, plus premier sports, talk, comedy, children's and entertainment programming; and 21 channels of the most advanced traffic and weather information. XM was named Best Radio Service at the 2004 Billboard Digital Entertainment Awards. XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan and Volkswagen/Audi, is available in more than 120 different vehicle models for 2005. 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 3-4-05. Copies of the filing are available upon request from XM Radio's Investor Relations Department. 2 XM Contact: Anne-Taylor Griffith Phone: 202-380-4151 [email protected] 3.
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