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FOR IMMEDIATE RELEASE

March 24, 2008

Dennis Wharton
202-429-5350

NAB STATEMENT ON TODAY'S DOJ DECISION
REGARDING XM AND SIRIUS

WASHINGTON, DC -- NAB issued the following statement today regarding the Justice Department's approval of the Sirius-XM merger.

The following statement can be attributed to NAB Executive Vice President Dennis Wharton:

"We are astonished that the Justice Department would propose granting a monopoly to two companies that systematically broke FCC rules for more than a decade. To hinge approval of this monopoly on XM and Sirius's refusal to deliver on a promise of interoperable radios is nothing short of breathtaking."

About NAB
The National Association of Broadcasters is a trade association that advocates on behalf of more than 8,300 free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the Courts. Information about NAB can be found at www.nab.org.

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