Tuesday, December 19, 2006

New Board Member for XM

December 19, 2006

American Express Senior Executive Joan Amble Joins XM Satellite Radio Board of Directors

Tuesday December 19, 8:17 am ET

WASHINGTON, Dec. 19 /PRNewswire/ -- XM Satellite Radio (Nasdaq: XMSR - News) today announced that Joan Lordi Amble has joined the company's board of directors. Ms. Amble is Executive Vice President and Corporate Comptroller for American Express Company. The announcement was made today by Gary Parsons, Chairman of XM Satellite Radio.

"We are very pleased to welcome Joan to the XM Board," Parsons said. "With her experience at American Express, GE, Ernst & Young, and the Financial Accounting Standards Board (FASB), she brings considerable financial expertise and insight to the board."

"I look forward to working on the XM Board and Audit Committee as XM continues to grow and develop this exciting new consumer entertainment service," said Amble.
As a senior executive at American Express, Ms. Amble is responsible for all controllership finance functions across the four major divisions of the company. Her accountabilities include oversight of all aspects of the company's global reporting, control, technical advisory and financial shared service center functions.

Prior to joining American Express, Ms. Amble served as chief operating officer and chief financial officer of GE Capital Markets, a service business within GE Capital Services, Inc., overseeing securitizations, debt placements and syndication, as well as structured equity transactions for General Electric Company business.

From 1994 to March 2003, Ms. Amble served as vice president and controller for GE Capital, where she played an important role in designing the company's control strategy. From 1992 to 1994, she served as Chief Financial Officer for GE Commercial Real Estate. Prior to joining GE, from 1984 to 1989, she specialized in pensions and other financial instruments for the Financial Accounting Standards Board (FASB). She also spent seven years in public accounting with Ernst & Young.

Ms. Amble, a CPA, obtained her undergraduate degree in Accounting from Pennsylvania State University, and attended graduate school at University California, Los Angeles (UCLA).

12/19/2006 10:14:00 AM

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