Sirius XM Radio Announces Increase in Purchase Price for its 3-1/4% Convertible Notes due 2011

Sirius XM Radio Inc. SIRI today announced that it has increased the purchase price offered in its tender offer for any and all of its outstanding 3-1/4% Convertible Notes due 2011 to $1,010 per $1,000 principal amount of Notes tendered, plus accrued and unpaid interest up to, but not including, the payment date of the Notes.