Company Profile For Sirius XM Radio Inc.

Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting in the United States, its music, sports, news, talk, entertainment, traffic and weather channels for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. On July 28, 2008, its wholly owned subsidiary, Vernon Merger Corporation, merged (the Merger) with and into XM Satellite Radio Holdings Inc. and, as a result, XM Satellite Radio Holdings Inc. became its wholly owned subsidiary. The SIRIUS system consists of three in-orbit satellites, approximately 120 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. The XM system consists of four in-orbit satellites, over 700 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios.

BRIEF: For the nine months ended 30 September 2009, Sirius XMRadio Inc.'s revenues increased 72% to $1.8B . Net loss applicable to Common decreased 93% to $357M. Revenues reflect an increase in subscriber revenue, higher revenue from equipment and increased revenue from advertising. Net loss reflects a decrease in cost of equipment expenses, lower subscriber acquisition costs and absence of impairment of goodwill expenses.

Sirius XM Radio Inc.
1221 Avenue of the Americas
36th Floor
New York   NY   10020
P: +1212.5845100
F: +1212.8995050

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