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SIRI » Topics » Highlights of the Past Year

This excerpt taken from the SIRI 8-K filed May 27, 2009.

Highlights of the Past Year

Closed merger (17 months)

Refinanced $2.2 billion of $3.3 billion debt

Seamless integration

Achieved more synergies

Introduced and successfully marketed

tiered pricing

Highlights of the Past Year continued

Initiated preowned certified programs

Achieved first positive Pro Forma Adj.

EBITDA quarter in 4Q08: +$32 m vs.

($224) m in 4Q07

Strong Pro Forma Adj. EBITDA Growth

in 1Q09 to $109 m vs. ($70) m in 1Q08

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