Bob Dylan’s XM Satellite Radio Show To Debut May 3

“Theme Time Radio Hour with Your Host Bob Dylan” To Feature Diverse Range of Music Each Week

Washington D.C., April 19, 2006 -- Bob Dylan’s much anticipated XM Satellite Radio music show, “Theme Time Radio Hour with Your Host Bob Dylan” will make its world premier on May 3, it was announced today. Each weekly show will feature an eclectic mix of music based around a theme, and host Bob Dylan will offer stories about the music and topics of interest. Dylan also will read and answer select emails sent in by fans. In addition, “Theme Time Radio Hour” will feature contributions from special guests, including Elvis Costello, Charlie Sheen, Penn Jillette, Sarah Silverman and Jimmy Kimmel.

The first episode of “Theme Time Radio Hour with Your Host Bob Dylan” will be devoted to the theme of “weather,” with a song list that spans “A Place in the Sun” sung in Italian by Stevie Wonder, “The Wind Cries Mary” by Jimi Hendrix and “Keep on the Sunny Side” by The Carter Family, among many others. Song lists for future episodes will be built around themes such as “cars,” “dance,” “police,” and “whiskey.” Complete track lists from each “Theme Time Radio Hour” show will be posted on a dedicated Bob Dylan page on XM Satellite Radio’s website (http://www.xmradio.com/bobdylan) that will also include a link for users to purchase select songs heard on Bob Dylan’s show through Napster, XM’s digital music partner, as well as photos and information on encore broadcasts. Fans also can e-mail their questions and music requests directly to Bob Dylan at bobdylan@xmradio.com.

“With ’Theme Time Radio Hour’ Bob redefines ’cool radio’ by combining a sense of intellect with edginess in a way that hasn’t been on radio before,” said Lee Abrams, chief creative programming officer, XM Satellite Radio. “Bob has put a lot of work into his XM show and it’s clear that he’s having a good time behind the mic.”

“Theme Time Radio Hour with Your Host Bob Dylan” will debut Wednesday, May 3 on XM’s deep album rock channel, Deep Tracks (XM channel 40), at its regular weekly timeslot, 10 a.m. ET. Encore broadcasts of “Theme Time Radio Hour” will air throughout the week on Deep Tracks and XM’s folk music channel, The Village (XM channel 15). Complete scheduling information is available online at http://www.xmradio.com/bobdylan.

About XM Satellite Radio
XM (NASDAQ: XMSR) is America’s number one satellite radio service with more than 6.5 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: the most commercial-free music channels, sports, talk, 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, Toyota, Hyundai, Nissan and Volkswagen/Audi, is available in more than 130 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.

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 3-3-06. Copies of the filing are available upon request from XM Radio’s Investor Relations Department.

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Nathaniel Brown

XM Radio Contact

XM Satellite Radio

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