RNS Number:7954H
Bridgewell Securities Limited
25 January 2005






                                   FORM 38.5



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS



Name of EMM


Bridgewell Securities Limited



Date of disclosure


25 January 2005



Contact name


Neil Kapoor



Telephone number


020 7003 3207



Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:



Rathbone Brothers plc

Telecity plc

Capital Radio plc







                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS







Dealing in                                             Rathbone Brothers Plc



Class of security                                      Ordinary 5p shares



Date of disclosure                                     25 January 2005



Date of dealing                                        25 January 2005



Name of EMM                                        Bridgewell Securities Limited



Name of offeree/offeror with whom connected      Offeror - Rathbone Brothers Plc







Total number of securities purchased                  Nil



Highest price paid*



Lowest price paid*







Total number of securities sold                          257



Highest price received*                                  840 p sterling




Lowest price received*                                   840 p sterling









*Currency must be stated



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS







Dealing in                                                  Telecity Plc



Class of security                                           Ordinary 0.1p shares



Date of disclosure                                          25 January 2005



Date of dealing                                             25 January 2005



Name of EMM                                      Bridgewell Securities Limited



Name of offeree/offeror with whom connected      Offeree - Telecity Plc







Total number of securities purchased                  1,249,180



Highest price paid*                                   21.956 p sterling



Lowest price paid*                                    21.956 p sterling







Total number of securities sold                       1,250,000



Highest price received*                               22.022 p sterling



Lowest price received*                                22 p sterling









*Currency must be stated





                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS







Dealing in                                          Capital Radio Plc



Class of security                                   Ordinary 2.5p shares



Date of disclosure                                  25 January 2005



Date of dealing                                     25 January 2005



Name of EMM                                        Bridgewell Securities Limited



Name of offeree/offeror with whom connected        Offeree - GWR Group Plc







Total number of securities purchased                200



Highest price paid*                                 417 p sterling



Lowest price paid*                                  417 p sterling







Total number of securities sold                     200



Highest price received*                             417 p sterling



Lowest price received*                              417 p sterling









*Currency must be stated


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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