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Acura and XM Are First to Offer Complimentary Satellite Radio Program for Certified Pre-Owned Vehicles

Posted on: Wednesday, 11 October 2006, 09:00 CDT

WASHINGTON, Oct. 11 /PRNewswire-FirstCall/ -- XM Satellite Radio , the nation's leading satellite radio service with more than 7 million subscribers, and Acura today announced the first complimentary satellite radio service program for Certified Pre-Owned (CPO) vehicles. Beginning this fall, Acura will offer three months of complimentary XM service on CPO Acura models with factory-installed XM Satellite Radio, including: RL, TL, TSX and MDX. Acura currently inspects, certifies and remarkets more than 35,000 previously-owned vehicles per year, with approximately one-third featuring standard XM Satellite Radio, a rate that will grow over time as XM continues to be offered as standard equipment across Acura models.

"Acura's CPO program will introduce XM Satellite Radio to a new and growing category of customers," said Steve Cook, executive vice president, Automotive, XM Satellite Radio. "XM's reach will now extend to Acura's pre- owned customers who seek the same high performance standards and quality as they have come to expect with a brand new Acura."

"Whether they choose to invest in a new or Acura Certified Pre-Owned vehicle, our customers get an ownership experience that is second to none," said Dan Crowe, Automobile Remarketing Manager for Acura. "With the expansion of XM Satellite Radio to our entire 2007 new model line, it's only fitting that we also offer the nation's leading satellite radio service to our Certified Pre-Owned customers."

Every CPO Acura originally equipped with XM Satellite Radio will be available with three months of complimentary XM service and a waived activation fee. All Acura CPO Vehicles also come standard with a Certified Limited Warranty (12 months/12,000 miles) and a 7-year/100,000 mile Powertrain Limited Warranty.

About XM Satellite Radio

XM is America's number one satellite radio company with more than seven 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, 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/.

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.

XM Satellite Radio

CONTACT: Chance Patterson, +1-202-380-4318,chance.patterson@xmradio.com, or David Butler, +1-202-380-4317,david.butler@xmradio.com, both of XM Satellite Radio

Web site: http://www.xmradio.com/

Source: PRNewswire-FirstCall

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