NEWS RELEASE XM Radio to Launch Exclusive Andretti Green Racing Show 10/31/2006 2007 ANDRETTI GREEN RACING TEAM TO INCLUDE DANICA PATRICK, MARCO ANDRETTI, BRYAN HERTA, TONY KANAAN, AND MICHAEL ANDRETTI WASHINGTON, Oct. 31 /PRNewswire-FirstCall/ -- XM Satellite Radio, the nation's leading satellite radio company with more than 7 million subscribers, announced today that the Andretti Green Racing (AGR) team will host "The Andretti Green Racing Hour," exclusively on XM Satellite Radio beginning February 2007. XM is the official satellite radio network of the Indy Racing League and broadcasts every IndyCar Series race live and nationwide. "The Andretti Green Racing Hour" will be a one-hour weekly program featuring drivers from the Andretti Green team, as well as Michael Andretti, co-owner of Andretti Green Racing and open wheel racing legend. The 2007 Andretti Green driver lineup will include, among others, Danica Patrick, 2005 IndyCar Series Bombardier Rookie of the Year; Marco Andretti, 2006 IndyCar Series Bombardier Rookie of the Year; Bryan Herta, two time IndyCar Series race winner; and Tony Kanaan, 2004 IndyCar Series champion. The show will air on XM's sports talk channel XM Sports Nation. "XM is the exclusive home to racing's biggest stars," said Eric Logan, executive vice president, Programming, XM Satellite Radio. "'The Andretti Green Racing Hour' will give fans the chance to hear from the superstars about what it's like behind the wheel and beyond the track. It's insight that only XM can provide." "We're thrilled to be joining XM's outstanding lineup of sports programming," said Michael Andretti, co-owner of Andretti Green Racing. "Racing fans across the country will now not only be able to get behind-the- scenes access to 1 races and rivalries, but 'The Andretti Green Racing Hour' will provide the ultimate access into the lives and unique personalities of each of the drivers." In addition to "The Andretti Green Racing Hour," XM is home to exclusive, weekly radio shows hosted by NASCAR superstars Dale Earnhardt, Jr. and Jimmie Johnson. XM is the sports leader in satellite radio, with more than 5,000 live sporting events in 2006. In addition to the Indy Racing League, XM has Major League Baseball, National Hockey League, NBA games on ESPN Radio, NASCAR, PGA TOUR, college football, college basketball, boxing, and soccer. XM also offers the most sports talk on satellite radio, including the newly- launched XM Sports Nation channel (XM Channel 143), ESPN Radio, ESPNews, and Fox Sports Radio. About Andretti Green Racing Founded in December 2002, Andretti Green Racing® (AGR) is based in Indianapolis, Ind., and is owned and operated by partners Michael Andretti, Kim Green and Kevin Savoree. Andretti Green competes in the Indy Racing League® IndyCar® Series. The winningest team in Indy Racing League history, Andretti Green Racing fields a series- high four full-time entries in the IndyCar Series, all of which are powered by Honda engines. In a joint venture with Team Green Investments, Andretti Green Racing also comprises a major component of Andretti Green Promotions, which owns and operates the Honda Grand Prix of St. Petersburg. Entering its third year in 2006, the Honda Grand Prix is contested on a temporary street circuit in downtown St. Petersburg, Fla., and owns the distinction of being the first non-oval race event ever included on the Indy Racing League schedule. About XM Satellite Radio XM (NASDAQ: XMSR) is America's number one satellite radio company with more than 7 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, 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 more than 140 different vehicle models for 2006. 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 Satellite Radio 2 CONTACT: David Butler of XM Satellite Radio, +1-202-380-4317, [email protected] Web site: http://www.xmradio.com/ 3.