SCHEDULE 5

                       BLOCK LISTING SIX MONTHLY RETURN                        

To: Listing Applications

UK Listing Authority

Financial Services Authority

25, The North Colonnade

Canary Wharf

London, E14 5HS

Please ensure the entries on this return are type

1. Name of company CAPITAL RADIO PLC                                           

2. Name of scheme 1986 SENIOR EXECUTIVE SHARE OPTION SCHEME                    

3. Period of return: From: 01/07/03 to 31/12/03                                

4.  Number and class of share(s) (amount  77,058                               
    of stock/debt security) not issued                                         
    under scheme                                                               

5.  Number of shares issued/allotted      Nil                                  
    under scheme during period:                                                

6.  Balance under scheme not yet issued/  77,058                               
    allotted at end of period                                                  

7.  Number and class of share(s) (amount  2,620,400 Ordinary Shares (7/2/90)   
    of stock/debt securities) originally                                       
    listed and the date of admission;     1,167,400 Ordinary Shares (16/12/98) 

Please confirm total number of shares in issue at the end of the period in     
order for us to update our records                                             
                                                                               
82,990,505                                                                     

Contact for queries: Nathalie Schwarz   Address: 30 Leicester Square, London   
                                        WC2H 7LA                               

Name: Nathalie Schwarz                  Telephone: 020 7766 6166               

Person making return Name: Nathalie Schwarz

Position: Company Secretary Signature:******************



END