Canadian Satellite Radio Holdings Inc. (TSX: XSR), parent of XM Canada, will hold an Annual General Meeting and conference call to discuss its first fiscal year and first quarter 2007 results of its XM Canada satellite radio service on Thursday, January 11, 2007 at 1 p.m. ET. John I. Bitove, Chairman and CEO, Stephen Tapp, President and Chief Operating Officer, Michael Washinushi, Chief Financial Officer and Donald McKenzie, Senior VP Sales and Marketing, will be available to answer questions from analysts and media at the end of the meeting.

    <<
    WHAT:     Canadian Satellite Radio AGM and Q1 2007 financial results

    WHO:      John I. Bitove, Chairman and CEO
              Stephen Tapp, President and COO
              Michael Washinushi, CFO
              Donald McKenzie, Senior VP Sales and Marketing

    WHEN:     January 11, 2007 at 1 p.m. ET

    WHERE:    Hockey Hall of Fame
              BCE Place, 30 Yonge Street
              Toronto

    PHONE:    Call 1-416-644-3417 (Toronto) or 1-800-814-4941 (Toll Free) to
              participate
    >>

Please note:

A live audio webcast (listen-only mode) of the conference call will be available at www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1685200 and www.cdnsatrad.com.

An archived recording of the conference will be available at 1-416-640-1917 (Toronto) or 1-877-289-8525 (Toll-free) (Passcode: 21214049 followed by the number sign) on January 11, 2007 after 4 p.m. ET until January 20, 2007 at 11:59 p.m. ET.

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 service with the best satellite coverage in the country and offering a unique lineup of premier Canadian and international content.

XM Canada offers listeners 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 comedy, 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 7.1 million subscribers. XM is offered on TELUS Mobile Radio(TM) and as of March 2007, will be the exclusive music provider to all of Air Canada's flights.

To find out more about Canadian Satellite Radio Inc. (TSX: XSR), visit our website at www.cdnsatrad.com. 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.

%SEDAR: 00022901E

SOURCE: Canadian Satellite Radio Holdings Inc.

SOURCE: XM Canada

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