WorldSpace Moves Corporate Headquarters to Silver Spring, Maryland

WorldSpace Moves Corporate Headquarters to Silver Spring, Maryland

New Corporate Office Located Among Other Innovative, Media-Friendly Companies

SILVER SPRING, Md., Oct. 3 /PRNewswire-FirstCall/ -- WorldSpace, Inc. (NASDAQ:WRSP) recently completed the move of its global corporate headquarters from Washington, D.C. to Silver Spring, Md. The company's new office, which features more than 52,000 square feet of space, is expected to foster greater synergy among staff and accommodate future growth.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040319/WORLDSPACELOGO ) Effective immediately, WorldSpace's address is:

8515 Georgia Avenue Silver Spring, MD 20910 Tel: 301-960-1200 Fax: 301-960-2200

As the world's only global media company positioned to offer a satellite radio experience to consumers in more than 130 countries, WorldSpace broadcasts a variety of content including entertainment, news, sports, music and educational programming.

According to Noah Samara, chairman and CEO of WorldSpace, the new offices are proximately located to innovative, media-rich companies such as Discovery Communications and AFI, provide a desirable work environment for employees, and represent the company's continued commitment to reduce expenses, increase efficiency, and maximize shareholder value.

"While WorldSpace has enjoyed its D.C. location for the last 10 years, the move to Silver Spring strategically places us in the heart of the media industry and is consistent with our ongoing strategy to grow our satellite radio services globally," said Samara.

He added, "Our new headquarters not only provide the right facilities to deliver quality programming and content to our subscribers but will bring additional value to our shareholders. We look forward to becoming an active member of the Silver Spring business community."

About WorldSpace, Inc.:

WorldSpace (NASDAQ:WRSP) is the world's only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. WorldSpace delivers the latest tunes, trends and information from around the world and around the corner. WorldSpace subscribers benefit from a unique combination of local programming, original WorldSpace content and content from leading brands around the globe including the BBC, CNN, Virgin Radio, NDTV and RFI. WorldSpace's satellites cover two-thirds of the globe with six beams. Each beam is capable of delivering up to 80 channels of high quality digital audio and multimedia programming directly to WorldSpace Satellite Radios anytime and virtually anywhere in its coverage areas. WorldSpace is a pioneer of satellite-based digital radio services (DARS) and was instrumental in the development of the technology infrastructure used today by XM Satellite Radio. For more information, please visit http://www.worldspace.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20040319/WORLDSPACELOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com Source: WorldSpace, Inc.

CONTACT: Judith Pryor of WorldSpace, +1-202-969-6252, jpryor@worldspace.com; or Dacrie Brooks of Brodeur, +1-202-775-2646, dbrooks@brodeur.com, for WorldSpace Inc.

Web site: http://www.worldspace.com/

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