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Bye Bye Local Radio??

24 May 2000

Sirius Satellite Radio in Negotiations with Honda

    NEW YORK, May 24 Sirius Satellite Radio ,the digital satellite radio 
broadcaster, today confirmed that it is in negotiations with American 
Honda Motor Co. Inc. to deliver its 100-channel digital satellite radio 
service to Honda and Acura customers in the United States.  

The negotiations are expected to lead to an agreement consistent with
the unified standard agreement announced by Sirius and XM Satellite Radio in
February.  Under the unified standard agreement, Honda, along with any other
new automaker partners, will deploy satellite radio receivers that can receive
both services.

    (The unified standard agreement does not affect any automaker agreement in
place before February 17, 2000. Sirius has alliances to factory-install
Sirius-only receivers in DaimlerChrysler cars and light trucks, including
Chrysler, Dodge, Jeep, and Mercedes, and is the preferred service provider for
Freightliner and Sterling heavy trucks.  Sirius also has alliances to
factory-install Sirius receivers in BMW, Ford, Lincoln, Mercury, Jaguar,
Mazda, Land Rover, Aston Martin and Volvo automobiles.  Sirius also has
alliances with leading automotive electronics manufacturers to design and
develop receivers for the automotive aftermarket and for installation in new
cars.  These companies include Alpine, Audiovox, Clarion, Delphi Delco
Electronics, Kenwood, Panasonic, Jensen, Sanyo and Visteon.

    Sirius Satellite Radio (http://www.siriusradio.com) is building a digital
satellite radio system that will broadcast an unprecedented breadth of unique
music and entertainment programming to motorists throughout the continental
United States.  Sirius plans to offer 50 channels of commercial-free music all
created at the company's National Broadcast Studio in New York City, and up to
50 channels of news, sports and entertainment programming for a monthly
subscription fee of $9.95.  Sirius' first satellite is scheduled for launch at
the end of June.  Sirius expects to begin broadcasting nationally at the end
of this year.

  As part of its commitment to creating commercial-free music and an
unmatched range of audio programming, Sirius has created alliances with
critically acclaimed artists and on-air personalities, including Sting,
Grandmaster Flash, and MC Lyte, who will have regularly scheduled programs on
Sirius Radio.  Sirius also has a strategic alliance with the John F. Kennedy
Center for the Performing Arts and the National Symphony Orchestra.  Some of
the world's foremost creators of audio information and entertainment
programming will also have channels on Sirius Radio, including CNBC, National
Public Radio, SCI FI Channel, Bloomberg and the BBC.  Sirius also has the
exclusive right to carry the nationally acclaimed Car Talk on satellite radio.