FORD MOTOR COMPANY AND SIRIUS SATELLITE RADIO EXTEND EXCLUSIVE RELATIONSHIP

06-06-2005

- All Ford Brands Included
- Expanded Factory Installation Programs Expected
- Factory Installed Volumes Expected To Significantly Increase

NEW YORK and DETROIT, MI - June 6, 2005 - SIRIUS Satellite Radio (NASDAQ: SIRI), and the Ford Motor Company (NYSE: F), today announced an agreement that extends SIRIUS' exclusive relationship with Ford through September 2011, on certain terms and conditions.  All Ford Motor Company brands in the U.S. -- Ford, Lincoln Mercury, Land Rover, Jaguar, Volvo, Aston Martin and Mazda -- are covered by the agreement.

"Subscriptions to SIRIUS have increased dramatically over the past several years," said Phil Martens, Ford's Group Vice President of Product Creation.  "So, it's only natural that Ford would want to continue to make SIRIUS' unique mix of programming available to Ford buyers in the future.  Our relationship provides customers with the best of both worlds - innovative technology, style and driving experience."
 
"We are delighted that Ford has decided to extend its exclusivity with SIRIUS, enabling future Ford buyers to experience the best programming in satellite radio," said Mel Karmazin, CEO of SIRIUS.  "Ford and SIRIUS are both dedicated to providing our customers with the best quality possible.  Now, Ford buyers can be assured that our two companies will continue to work together in the future to make their driving experience even more pleasurable."

Earlier this year, Ford and Lincoln Mercury announced plans to target up to 21 vehicle lines for factory installation of SIRIUS over the 2006 and 2007 model years, and announced that they expect to generate up to one million SIRIUS subscribers over the two model year period.  In total, nearly 90% of Ford and Lincoln Mercury vehicles will have SIRIUS as a factory installed option for the 2008 model year. Factory installed volumes are expected to significantly increase.

Land Rover recently announced plans to offer SIRIUS as a factory-installed option on select vehicle lines, beginning with the 2006 model year.  Volvo, Jaguar and Mazda currently offer SIRIUS as a dealer-installed option, with future plans to offer SIRIUS as a factory-installed option and/or as an option installed as overseas vehicles enter U.S. ports.

Ford has the option to extend the agreement through September 2013.  The agreement also contains customary terms and conditions, including termination rights.  Beginning in

January 2009, Ford may elect to become nonexclusive under the agreement, in which case Ford would forfeit all future economic benefits, which could be significant.