XM SATELLITE RADIO AND AUDIBLE LAUNCH THE XM AUDIBLE STORE FEATURING ORIGINAL XM PROGRAMMING FOR DOWNLOAD

"The Bob Edwards Show" and "Opie and Anthony" Among the Exclusive XM Programs Available for Download at Audible

Washington D.C., August 16, 2005 -- Audible, Inc. (NASDAQ: ADBL, www.audible.com), the leading provider of digitally delivered spoken audio, and XM Satellite Radio (NASDAQ: XMSR), the nation's leading satellite radio service with more than 4.4 million subscribers, today announced the launch of the XM Audible Store ( www.audible.com/xmradio ) featuring exclusive XM programming available for individual purchase or download subscription, including "The Bob Edwards Show" and "Opie and Anthony."

Using the XM Audible Store, consumers are now able to download XM content easily for enjoyment whenever and wherever they want. The popular XM programs "The Bob Edwards Show" and "Opie and Anthony" are among the 25,000 to 30,000 audiobooks, audio magazines, newspapers and radio programs available for download to more than 160 digital media players and mobile devices through the XM Audible Store.

The launch of the XM Audible Store is part of a larger multifaceted, strategic relationship between XM and Audible announced earlier this year. In addition to the XM Audible Store, later this year XM will produce a new program for broadcast on XM Satellite Radio that will consist of features, interviews, and news focusing on the rich world of audiobooks and programming available at www.audible.com. Audible will co-executive produce the program and offer it for download at Audible.com.

About Audible Inc.:

Audible ® (www.audible.com ® ) is the Internet's leading premium spoken-audio source. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady ® computer-based mobile devices. Audible has approximately 70,000 hours of audio programs from more than 250 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers, and business information providers. Audible.com is Amazon.com's and the Apple iTunes Music Store's preeminent provider of spoken content for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc. in the first-ever imprint to produce spoken content specifically suited for digital distribution, Random House Audible. Among the Company's key business relationships are Apple Corp., Creative Labs, Hewlett-Packard Company, Microsoft Corporation, palmOne, Inc., XM Satellite Radio, PhatNoise Inc., Rio Audio, Texas Instruments Inc., and VoiceAge Corporation.