PAUL McCARTNEY PLAYS THE WORLD FAMOUS APOLLO THEATER FOR THE FIRST TIME—CELEBRATING 20 MILLION SIRIUS XM SUBSCRIBERS

Exclusive concert for SIRIUS XM listeners to air live across six channels on SIRIUS XM

SIRIUS XM to launch month-long “Paul McCartney’s Band on the Run Radio” channel devoted to the music of Paul McCartney

NEW YORK–November 16, 2010– SIRIUS XM Radio (NASDAQ: SIRI) announced today that Paul McCartney will perform at Harlem’s world famous Apollo Theater for the first time at an exclusive, invitation-only concert for SIRIUS XM listeners. The concert will celebrate SIRIUS XM reaching 20 million subscribers, a milestone the company expects to achieve shortly.

The concert, which will be held on Monday, December 13 at 8:00 pm ET, will feature McCartney performing songs from his unrivalled back catalog, including many Beatles, Wings and solo classics, for SIRIUS XM subscribers. As a thank you to its loyal subscribers, SIRIUS XM will broadcast the concert live nationwide as well as offer lucky subscribers the opportunity to attend the unprecedented event.

SIRIUS XM will also launch “Paul McCartney’s Band on the Run Radio,” a month-long 24/7 commercial-free music channel devoted to McCartney’s legendary and expansive music catalog, including music from his solo records, tracks from every Wings album as well as the iconic songs he recorded with The Beatles. “Paul McCartney’s Band on the Run Radio” will launch on Monday, November 29 at 3:00 pm ET and air through Sunday, December 26 at 11:59 pm ET on SIRIUS channel 33 and XM channel 27 and SIRIUS XM Bootlegs, SIRIUS Internet Radio, SIR channel 812, and XM Radio Online, XMRO channel 90.

The channel’s launch coincides with the recent re-issue of Paul McCartney & Wings’ number one album from 1973, Band on the Run, the first title to be released as part of an extensive overhaul of McCartney’s complete catalog of solo recordings. The month-long channel will also feature a behind-the-scenes look at the making of this landmark album, hosted by McCartney himself, as well as newly discovered live performances of Wings tracks recorded at Abbey Road Studios from The Paul McCartney Archive.

“Reaching 20 million satellite radio subscribers is an important milestone for SIRIUS XM,” said Scott Greenstein, President and Chief Content Officer, SIRIUS XM Radio. “Sir Paul’s performance at the Apollo Theater is our way of thanking our subscribers; we are thrilled to offer them an opportunity to attend the event and listen live to this once-in-a-lifetime concert on SIRIUS XM.”

Currently celebrating its 75th anniversary season, the legendary non-profit Apollo Theater is known for launching the careers of countless legendary performers, and has been a catalyst for artistic excellence and innovation since it opened its doors in 1934.

Subscribers may enter to win tickets to the event through various call-in promotions across SIRIUS XM’s diverse music, talk and sports on-air channels. SIRIUS XM subscribers can also enter for the chance to win tickets by going to www.sirius.com or www.xmradio.com for Official Rules and complete details. One grand prize winner will be awarded four tickets to the exclusive concert, a paid trip to New York City, two nights lodging, an “Everything Plus The Best Of” SIRIUS or XM subscription for the lifetime of the subscriber’s radio, an opportunity to be a guest DJ on “Paul McCartney’s Band on the Run Radio” and an autographed copy of the Band on the Run deluxe edition box set. All opportunities to win tickets to the concert are limited to listeners who have been an active SIRIUS or XM subscriber continuously since November 15, 2010.

The concert will air nationwide live on six channels including “Paul McCartney’s Band on the Run Radio,” Howard 101, one of Howard Stern’s two exclusive SIRIUS XM channels, Underground Garage, Classic Vinyl, The Coffee House and ‘70s on 7.

For more information, please visit www.sirius.com or www.xmradio.com.