XM Canada to offer the MOST channels in satellite radio

    XM Canada grows to 120 channels

    TORONTO and MONTREAL, March 12 /CNW/ - XM Canada (TSX: XSR) today
announced it will be increasing its channel offering to 120 channels - the
most channels, the most choice, the most variety - in Canada.
    Effective April 1, XM Canada subscribers will receive even more of the
best in commercial-free music, compelling talk, comedy, entertainment and
exciting sports. With almost 70 commercial-free music channels, XM Canada now
offers more music than any other satellite radio provider in Canada. In
addition, XM Canada has added to its already captivating talk lineup with big
names in news including Bloomberg Radio, Fox News Talk and Family Talk.
    XM Canada will also bring college sports to Canadians by offering the
most U.S. college football and basketball coverage on Canadian satellite
radio. XM Canada will be adding two new Canadian channels, XM Scoreboard and
Calendrier Sportif, which will be produced in Canada and will provide the
latest and most up-to-date scores and schedules available from your favourite
sporting events around the world. These latest channels will provide the
perfect addition to XM Canada's NHL programming which covers every single NHL
game and is exclusive to XM as of July 2007.
    "We are thrilled to offer our customers even more choice and premium
content than ever before and all at the current price of $14.99," said Stephen
Tapp, President and Chief Operating Officer of XM Canada. "XM Canada once
again leads the industry by offering the most music, the best talk and hottest
entertainment around. We have now added even more punch to an already powerful
lineup of content."

    New commercial-free music channels:

    -   Cinemagic: Relive movie moments
    -   Hitlist: The hits - Top 40 and beyond
    -   Enlighten: Southern gospel
    -   The Groove: Old School R&B
    -   Fuego: The hottest sounds in Latin music
    -   Aguila: A celebration of regional Mexican music
    -   Caliente: A tropical paradise - salsa, merengue, bachata and more
    -   VOX: The magic of the human voice - opera

    Plus, the best in talk programming, including:

    -   Fox News Talk: Talk news like only FOX can give you
    -   Bloomberg Radio: The world's capital markets
    -   CNN Headline News: News every 15 minutes
    -   C-SPAN: Government hearings and public affairs
    -   Family Talk: Christian talk and entertainment
    -   ACC College Sports: Atlantic Coast Conference football and basketball
    -   SEC College Sports: Southeastern Conference football, basketball &
    -   XM Scoreboard: Sports scores, summaries and schedules
    -   Calendrier Sportif: 24 hour sports schedules of major sporting events

    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.
    XM Canada offers listeners up to 120 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 for Air Canada. 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 subscribe to XM Canada
online or for more information about XM Canada's programming lineup and radio
choice, visit www.xmradio.ca.
    To find out more about Canadian Satellite Radio Inc. (TSX: XSR), visit
our website at www.cdnsatrad.com.

    %SEDAR: 00022901EF

For further information:

For further information: For investor information, please contact: (416)
408-6899, investor.relations@xmradio.ca; For media information, please
contact: Wilcox Group, (416) 203-6666, XMradio@wilcoxgroup.com

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