Analyst Comments from UBSW This Morning

July 20, 2006

XM Satellite-XMSR downgraded to Neutral from Buy, tgt $13@UBSW
(theflyonthewall.com 07/20 07:01:51)

XM Satellite-XMSR downgraded to Neutral from Buy, tgt $13@UBSW

Sirius Satellite-SIRI downgraded to Neutral from Buy@UBSW , tgt $4.50
(theflyonthewall.com 07/20 08:11:16)

Sirius Satellite-SIRI downgraded to Neutral from Buy@UBSW, tgt $4.50

7/20/2006 09:21:00 AM

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