XM Satellite Radio Conference Call for Third Quarter 2003 Financial Results

WASHINGTON, Oct. 13, 2003 -- XM Satellite Radio has scheduled a conference call on Thursday, November 6, 2003 at 10:00 AM (EST) to announce and discuss its third quarter 2003 financial results. Prior to the call, XM Radio's quarterly financial results will be posted to the Company's website at www.xmradio.com as well as being released over PR Newswire and First Call.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO )

To listen to the conference call via telephone please dial-in to one of the following numbers approximately 10 minutes prior to the planned start of the call.

                     Call-in number:  (800) 374-0551
                  Local call-in number:  (706) 643-3460

The conference call can also be accessed via a live webcast on the Company's website, located at www.xmradio.com. The webcast will also be archived on the Company's website.

If you are unable to participate in the scheduled call, a replay of the conference call will be available after 1 p.m. on Thursday, November 6, 2003 through 12 a.m. on November 13, 2003.

                    Playback Numbers:  (800) 642-1687
                  Local call-in number:  (706) 645-9291
                         Conference ID#:  3308677

XM is America's #1 satellite radio service. With nearly 930,000 subscribers, XM is on pace for 1.2 million subscribers later this year. Broadcasting live daily from studios in Washington, DC, New York City and Nashville, Tennessee at the Country Music Hall of Fame, XM provides its loyal listeners with 101 digital channels of choice: 70 music channels, more than 35 of them commercial-free, from hip hop to opera, classical to country, bluegrass to blues; and 31 channels of premiere sports, talk, comedy, kid's and entertainment programming. 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 8-K filed with the Securities and Exchange Commission on 6-03-03. Copies of the filing are available upon request from XM Radio's Investor Relations Department.

Photo: Newscom: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, 888-776-6555 or 212-782-2840