In Re: XM Satellite Radio Holdings Securities Litigation

MEMORANDUM re Order,

D.D.C.July 20, 2006

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA ________________________________________________ ) IN RE: XM SATELLITE RADIO HOLDINGS ) SECURITIES LITIGATION ) Case No. 06-0802 (ESH) ________________________________________________) This Document Relates to: ) All Actions ) ) MOVANT RON PRICE’S MEMORANDUM IN RESPONSE TO THE JULY 10, 2006 COURT ORDER As requested in the Court’s Order of July 10, 2006, Movant Ron Price (“Movant” or “Price”) respectfully submits the following: 1) The number of shares purchased by the moving plaintiff during the class period: Price purchased 20 call option contracts during the class period. 2) The number of net shares purchased (defined as the number of shares retained at the end of the class period: Price retained the 20 call option contracts at the end of the class period. 3) The total net funds expended by moving plaintiff during the class period: Price expended $13,983 during the class period. 4) The approximate loss suffered during the class period: Price suffered an approximate loss of $13,616 during the class period. 1 Case 1:06-cv-00802-ESH Document 30 Filed 07/20/2006 Page 1 of 5 Dated: July 20, 2006 FINKELSTEIN, THOMPSON & LOUGHRAN /S/ KAREN J. MARCUS______ Karen J. Marcus (D.C. Bar #486435) Donald J. Enright (D.C. Bar #463007) The Duvall Foundry 1050 30th Street, N.W. Washington, DC 20007 (202) 337-8000 Counsel for Movant and Proposed Lead Counsel to the Options Class 2 Case 1:06-cv-00802-ESH Document 30 Filed 07/20/2006 Page 2 of 5 CERTIFICATE OF SERVICE I hereby certify that I have served the foregoing MOVANT RON PRICE’S MEMORANDUM IN RESPONSE TO THE JULY 10, 2006 COURT ORDER by e-mail and by placing a copy of the same in the U.S. mail system, postage prepaid, on July 20, 2006 to: Jonathan Cuneo, Esq. CUNEO GILBERT & LaDURA, LLP 507 C Street, N.E. Washington, D.C. 20002 Charles E. Davidow, Esq. Lisa Gasparott, Esq. WILMER CUTLER PICKERING HALE AND DORR LLP 1875 Pennsylvania Avenue NW Washington, DC 20006 Steven J. Toll, Esq. Joseph Helm, Esq. COHEN, MILSTEIN, HAUSFELD & TOLL, P.L.L.C. Suite 500, West Tower 1100 New York Avenue NW Washington, DC 20005-3934 Burton J. Fishman, Esq. FORTNEY & SCOTT 1750 K Street NW, Suite 325 Washington, DC 20006 Gary Edward Mason, Esq. The Mason Law Firm 1225 19th Street, Suite 500 Washington, DC 20036 Nancy M. Juda, Esq. LERACH COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP 1100 Connecticut Avenue, N.W., Suite 730 Washington, D.C. 20036 3 Case 1:06-cv-00802-ESH Document 30 Filed 07/20/2006 Page 3 of 5 Samuel H. Rudman, Esq. David A. Rosenfeld, Esq. Ario Alba, Jr., Esq. LERACH COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP 58 South Service Road, Suite 200 Melville, NY 11747 Deborah R. Gross, Esq. LAW OFFICES OF BERNARD M. GROSS., P.C. Wanamaker Bldg., Suite 450 100 Penn Square East Philadelphia, PA 19107 Robert Sugarman, Esq. SUGARMAN and SUSSKIND 2801 Ponce De Leon, Suite 750 Coral Gables, FL 33134 Howard T. Longman, Esq. James E. Laham, Esq. STULL, STULL & BRODY 6 East 45th Street New York, NY 10017 Gary Graifman, Esq. KANTROWITZ GOLDHAMER & GRAIFMAN, P.C. 747 Chestnut Ridge Road, Suite 200 Chestnut Ridge, NY 10977 Arthur L. Shingler, III, Esq. SCOTT & SCOTT LLC 600 B Street – Suite 1500 San Diego, CA 92101 Stuart J. Guber, Esq. James, M. Evangelista, Esq. MOTLEY RICE LLC One Georgia Center 600 West Peachtree Street, Suite 800 Atlanta, GA 30308 4 Case 1:06-cv-00802-ESH Document 30 Filed 07/20/2006 Page 4 of 5 Lewis S. Kahn, Esq. Michael A. Swick, Esq. KAHN GAUTHER SWICK, LLC 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Vahn Alexander, Esq. Janine Sperandeo, Esq. YOURMAN ALEXANDER & PAREKH LLP 3601 Aviation Blvd., Suite 3000 Manhattan Beach, CA 90266 Kimberly A. Chadwick, Esq. DOHERTY, SHERIDAN & PERSIAN LLP 8408 Arlington Blvd., Suite 200 Fairfax, VA 22031 William B. Federman, Esq. FEDERMAN & SHERWOOD 120 North Robinson, Suite 2720 Oklahoma City, OK 73102 /S/ KAREN J. MARCUS________ Karen J. Marcus Finkelstein Thompson & Loughran The Duvall Foundry 1050 30th Street, N.W. Washington, DC 20007 (202) 337-8000 5 Case 1:06-cv-00802-ESH Document 30 Filed 07/20/2006 Page 5 of 5