Volvo to Offer 3-Month Sirius Introductory Trial on All Sirius-Equipped Certified Pre-Owned Vehicles

NEW YORK, Sept. 1 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) today announced Volvo customers will receive an introductory 3-month trial subscription of the "SIRIUS Everything" package with the purchase of SIRIUS-equipped certified pre-owned Volvo vehicles sold in the U.S.

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The 3-month trial of SIRIUS offered by Volvo is available on all SIRIUS-equipped Volvo certified pre-owned vehicles sold after September 1, 2009.

"The addition of SIRIUS enhances our already 'Best in Class' Certified Pre-owned program offer," said Volvo Commercial Sales Manager, Scott Doering. "Volvo prides itself in always providing the best experience on the road for Volvo drivers, so it's only logical that we offer buyers of SIRIUS-equipped certified pre-owned Volvo vehicles the opportunity to hear SIRIUS' unparalleled programming."

"We are delighted to expand our relationship with Volvo to offer SIRIUS to drivers of certified pre-owned Volvo vehicles," said Doug Pergament, Vice President, Automotive, SIRIUS XM Radio. "We look forward to continuing to deliver our critically-acclaimed sports, news, talk, entertainment and 100% commercial-free music programming to Volvo customers."

A 6-month trial offer of the "SIRIUS Everything" package is available on all new SIRIUS-equipped Volvo vehicles for Model Year 2010. SIRIUS is also a standard feature on the new XC60 and S80 V8.

For more information on SIRIUS, please visit www.sirius.com.

About SIRIUS XM Radio

SIRIUS XM Radio is America's satellite radio company delivering to subscribers commercial-free music channels, premier sports, news, talk, entertainment, and traffic and weather.

SIRIUS XM Radio has content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Jimmy Buffett, Jamie Foxx, Barbara Walters, Opie & Anthony, Bubba the Love Sponge(R), The Grateful Dead, Willie Nelson, Bob Dylan, Tom Petty, and Bob Edwards. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball(R), NASCAR(R), NBA, NHL(R), and PGA TOUR(R), and broadcasts major college sports.

SIRIUS XM Radio has arrangements with every major automaker. SIRIUS XM Radio products are available at shop.sirius.com and shop.xmradio.com, and at retail locations nationwide, including Best Buy, RadioShack, Target, Sam's Club, and Wal-Mart.

SIRIUS XM Radio also offers SIRIUS Backseat TV, the first ever live in-vehicle rear seat entertainment featuring Nickelodeon, Disney Channel and Cartoon Network; XM NavTraffic(R) service for GPS navigation systems delivers real-time traffic information, including accidents and road construction, for more than 80 North American markets.

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving SIRIUS and XM, including potential synergies and cost savings and the timing thereof, future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," " are expected to," "anticipate," "believe," "plan," "estimate," "intend," "will," "should," "may," or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of SIRIUS' and XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM. Actual results may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: our substantial indebtedness; the businesses of SIRIUS and XM may not be combined successfully, or such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected; the useful life of our satellites; our dependence upon automakers and other third parties; our competitive position versus other forms of audio and video entertainment; and general economic conditions. Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' Annual Report on Form 10-K for the year ended December 31, 2008 and XM's Annual Report on Form 10-K for the year ended December 31, 2008, which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and SIRIUS and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

O-SIRI

    Contact for SIRIUS XM Radio:

    Sal Resendez
    SIRIUS XM Radio
    sal.resendez@siriusxm.com
    646 313 2405

SOURCE SIRIUS XM Radio

Released September 1, 2009