<< The Weakerthans and Hey Rosetta! Take Home Artist of the Year and Album of the Year >>

XM Canada (TSX:XSR), the country's leading satellite radio company, has awarded $50,000 to two bands - Hey Rosetta! and The Weakerthans - as part of its continuing support and promotion of emerging Canadian musicians.

The Verge Music Awards, named for The Verge, channel 52 on XM satellite radio, which is dedicated to featuring Canada's cutting-edge indie scene, awarded Artist of the Year to The Weakerthans and Album of the Year to Hey Rosetta!'s "Into Your Lungs." Each band walked away with $25,000 last night at the inaugural awards ceremony in Toronto.

The Weakerthans, from Winnipeg, have released five albums since 1997 and received rave reviews from critics worldwide for their combination punk, rock and folk sound. "Into Your Lungs" by Hey Rosetta! is the band's second album. The six-piece band from St. John's formed in 2005 and has earned accolades for their live shows and distinctive music. More than 45,000 Canadians participated in The Verge Music Awards, voting online at XM Canada for two months to decide the winners in each category.

"The Verge channel is dedicated to providing a national and international platform for up-and-coming Canadian musicians and we are thrilled to provide last night's winners with cash prizes that will financially help them in future projects," said Janet Gillespie, Marketing Vice-President of XM Canada. "Canada has a lot to offer in the indie and alternative music scene and XM Canada is committed to continue supporting and promoting our home-grown talent in this genre as well as the entertainment scene in general."

The Verge Music Awards, as well as stellar performances by established Canadian stars Broken Social Scene, The Stills and Sebastien Grainger, were broadcast live-to-air across North America on XM Satellite Radio on The Verge, channel 52. For more information on programming and subscriptions, visit www.xmradio.ca.

About Canadian Satellite Radio Holdings Inc.

Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as XM Canada(TM) and is Canada's premium digital audio entertainment and information company with the best signal coverage across the country.

With 130 digital channels of choice, XM Canada offers listeners the most unique and original Canadian and international programming, including commercial-free music channels and exclusive live concerts; exclusive sports coverage, including every NHL(TM) Game, as well as PGA Tour(TM) and Major League Baseball(TM); and the best in talk, comedy, children's and entertainment programming.

XM is the satellite entertainment leader in the automotive market and is available in 150 different vehicle models for 2008, including: Acura, Buick, Cadillac, Chevrolet, GMC, Harley Davidson, Honda, Hummer, Hyundai, Infiniti, Lexus, Nissan, Pontiac, Toyota, Saab, Saturn, Suzuki and Subaru.

XM's industry-leading products are available at consumer electronics retailers nationwide. XM programming is also available as streams of commercial-free XM music channels on TELUS Mobile Radio(TM) and Rogers(TM) Wireless Radio on Demand. XM Canada is the exclusive music channel provider on Air Canada's flights and is available in select Avis Budget Group rental vehicles.

A free seven-day trial of XM Radio Online is available at http://listen.xmradio.ca. Visit www.xmradio.ca for programming and subscription information.

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

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SOURCE: XM Canada

SOURCE: Canadian Satellite Radio Holdings Inc.

Cohn & Wolfe, Lorena Cordoba, Nell Crichton, (416) 924-5700 Ext. 4089, 4085, lorena.cordoba@cohnwolfe.ca, nell.crichton@cohnwolfe.ca