SIRIUS XM Radio to Offer Listeners Extended Block of Tom Petty's Buried Treasure Show on Deep Tracks Channel

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NEW YORK, Feb. 11 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) announced today that Tom Petty's critically-acclaimed Thursday evening show on Deep Tracks, Tom Petty's Buried Treasure, will now also be broadcast each Sunday evening for an uninterrupted four hours on Deep Tracks SIRIUS channel 16 and XM channel 40 beginning Sunday, February 15.

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Due to popular demand, SIRIUS XM listeners will now have access to four non-stop additional hours of Tom Petty's Buried Treasure on SIRIUS XM's Deep Tracks channel every Sunday from 8:00 pm - 12:00 am ET/5:00 pm -9:00 pm PT. Each Sunday's special will kick off with a rebroadcast of the latest show that debuted on Deep Tracks the prior Thursday at 8:00 pm ET/5:00 pm PT. The programming will continue with two shows from the Buried Treasure vault as well as an additional encore of Thursday's show.

Each week, Grammy Award(R) -winning singer-songwriter, Rock and Roll Hall of Famer, Heartbreakers ringleader, Traveling Wilbury and rock legend Tom Petty pulls together a set of rare and classic tracks, many vintage, from his private vaults, for an hour of radio magic woven together with Petty's informed, passionate and entertaining commentary. This season Tom has been particularly inspired by the numerous emails from fans of the show requesting their personal "buried treasures" and their input will no doubt influence Tom's choice of playlists.

Tom Petty, along with legendary musicians including Jimmy Buffett, Bob Dylan, Eminem, Grateful Dead, David Johansen, B.B. King, Wynton Marsalis, Willie Nelson, Mojo Nixon, Elvis Presley, Marky Ramone, Lou Reed, Frank Sinatra, Bruce Springsteen and "Little Steven" Van Zandt represent the diverse and creative artist-driven music programming being broadcast by SIRIUS XM today.

SIRIUS XM's Deep Tracks explores classic rock's archives by digging deep into classic rock albums. Deep Tracks listeners will hear Eric Clapton, Pink Floyd, The Doors, The Allman Brothers, The Beatles, Jimi Hendrix, The Rolling Stones, Lynyrd Skynyrd, The Who, Bob Dylan and many others.

For more information, including a complete broadcast schedule, please visit www.sirius.com/deeptracks or www.xmradio.com/tompetty.

About SIRIUS XM Radio

SIRIUS XM Radio is America's satellite radio company delivering commercial-free music channels, premier sports, news, talk, entertainment, traffic and weather, to more than 18.9 million subscribers.

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 "anticipate," "believe," "plan," "estimate," "expect," "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: general business and economic conditions; the performance of financial markets and interest rates; the failure to realize synergies and cost-savings from the merger or delay in realization thereof; 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. 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' and XM's Annual Reports on Form 10-K for the year ended December 31, 2007 and their respective Quarterly Reports on Form 10-Q for the quarter ended September 30, 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.

P-SIRI

    Contacts for SIRIUS XM Radio:

    Samantha Bowman
    SIRIUS
    212 901 6644
    sbowman@siriusradio.com

SOURCE SIRIUS XM Radio

Released February 11, 2009