- 2007 Net Subscriber Additions of Approximately 2.3 Million -
Company to Report Positive Free Cash Flow for the Fourth Quarter of
2007

SIRIUS Satellite
Radio (Nasdaq: SIRI) today announced that it ended 2007 with 8,321,785
subscribers, up from the company’s 2006 ending subscriber base of
6,024,555. During 2007, SIRIUS added approximately 2.3 million net
subscriber additions.

“SIRIUS’
subscriber base increased 38% in 2007, and our gross subscriber
additions in 2007 were the highest in the history of satellite radio,”
said Mel Karmazin, CEO for SIRIUS. “Our full year monthly subscriber
self-pay churn rate was 1.6% and all-in churn was 2.2%, consistent with
the low end of our guidance. Based upon preliminary financial data, we
expect to report significantly greater positive free cash flow in the
fourth quarter of 2007 than the company reported in the fourth quarter
of 2006.”

SIRIUS plans to release full year 2007 financial results and
2008 guidance in February 2008.

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