NEW YORK (Standard&Poor's) Aug. 19, 2008--Standard&Poor's Ratings Services said today it affirmed its corporate ratings on Sirius XM Radio Inc. (formerly Sirius Satellite Radio Holdings) and XM Satellite Radio Holdings Inc., which we analyze on a consolidated basis for purposes of the corporate credit rating, and removed them from CreditWatch with developing implications, where we placed them on March 4, 2008. The issue-level ratings on debt at New York City-based Sirius XM Radio Inc. and at Sirius' unrestricted subsidiaries, XM Satellite Radio Holdings Inc. and XM Satellite Radio Inc., remain on CreditWatch with developing implications until additional information becomes available regarding the ultimate capitalization and the effect of cost-saving plans and growth initiatives on secured and
