XM Satellite Radio 3Q05 Results

XM Satellite Radio ended 3Q05 with 5,034,642 subscribers, doubling the 2,516,023 subscribers for last year’s third quarter. The growth was driven by third quarter net subscriber additions of 617,152, a 48% increase over the same period last year (415,671 new net subscribers). Given its performance for this year, XM reaffirmed its guidance of exceeding 6 million subscribers by the end of 2005.