Avis and Budget introduce XM satellite radio in Canada

    First in rental car industry to offer XM programming nationwide

    PARSIPPANY, N.J., March 14 /CNW/ - Avis Budget Group, Inc., the parent
company of Avis Rent A Car and Budget Rent A Car, today announced that they
will be the first provider of XM Canada satellite radio in rental vehicles
across Canada. Customers of both Avis and Budget will be able to receive XM
Canada's unique lineup of 100 channels including music, news, talk, comedy,
sports and entertainment programming in the country. Beginning now, the new
service will be available at corporate-owned locations throughout Canada. XM
satellite radio is included free of charge, with rentals of full-size and
higher General Motors vehicles, subject to availability.
    "We are extremely excited to be offering XM Canada programming in
Canada," said William Boxberger, vice president and general manager of Avis
Budget Group, Canada. "We expect our customers renting from both Avis and
Budget to really enjoy the unique content of XM Canada, including the most
broadcasts of NHL(R) games and Major League Baseball. This is a great new
entertainment option and we are proud to be the first in the industry to offer
    Avis Budget Group is currently adding 2007 General Motors full size,
premium, vans and SUVs equipped with pre-installed XM satellite radios to
their fleet. These XM-equipped vehicles will be available at corporate-owned
rental locations across Canada and by late spring, a significant portion of
the GM fleet will have the XM Canada service package.
    "We are proud to partner with Avis Budget Group - a world leader in
general-use rental vehicles," said Stephen Tapp, president and chief operating
officer of XM Canada. "We look forward to providing drivers with our
best-in-class programming via the best satellite radio coverage in North
America. From coast-to-coast, drivers can tune in and receive crystal-clear,
digital-quality sound."
    Avis customers can reserve a vehicle via the company's website at
www.avis.ca, by calling 1-800-879-2847 or by contacting a local travel
professional. Budget customers can make a reservation at www.budget.com, by
calling 1-800-268-8900 or by contacting a local travel professional.

    About Avis Budget Group, Inc.

    Avis Budget Group (NYSE:   CAR) is a leading provider of rental vehicles,
with operations in more than 70 countries. Through its Avis and Budget brands,
the Company is the largest general-use rental vehicle operator in each of
North America, Australia, New Zealand, and certain other regions. Avis Budget
Group is headquartered in Parsippany, N.J. and has more than 30,000 employees.

    About Canadian Satellite Radio Holdings Inc.

    Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as XM
Canada(TM) through its subsidiary, Canadian Satellite Radio Inc. XM is
Canada's premium digital audio entertainment and information company with the
best satellite coverage in the country and offering a unique lineup of premier
Canadian and international content to more than 237,500 subscribers.

    XM Canada offers listeners up to 100 channels of unique and exclusive
programming including the most NHL(TM) games, PGA TOUR(TM) and Major League
Baseball(TM) coverage, the deepest play list, and news, talk, sports,
entertainment and children's programming. After this season, XM will become
the exclusive provider of NHL games on satellite radio. Acura, Buick,
Cadillac, Chevrolet, General Motors, GMC, Harley Davidson, Honda, Hummer,
Hyundai, Infiniti, Lexus, Nissan, Pontiac, Toyota, Saab, Saturn, Suzuki and
Subaru will offer XM radios in more than 115 different models of vehicles for
model year 2007.
    XM has an exclusive Canadian license from U.S.-based XM Satellite Radio
Inc. (NASDAQ:   XMSR), the leading satellite radio provider in the U.S. with
more than 7.6 million subscribers. XM is offered on TELUS Mobile Radio(TM) and
is the exclusive music channel provider on Air Canada's flights. A live stream
of selected XM Canada channels is available via a three-day complimentary
trial of XM Radio Online at http://listen.xmradio.ca.
    To find out more about Canadian Satellite Radio Inc. (TSX: XSR), visit
our website at www.cdnsatrad.com. To subscribe to XM Canada online or for more
information about XM Canada's programming lineup and radio choice, visit

    %SEDAR: 00022901E

For further information:

For further information: Avis Budget Group media contact: Susan McGowan,
(973) 496-3916, Susan.mcgowan@avisbudget.com; XM Canada media contact: Wilcox
Group, (416) 203-6666, XMRadio@wilcoxgroup.com

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