RNS Number:9444J
Capital Radio PLC
18 March 2005


18 March 2005



             Capital Radio plc                    GWR Group plc

                         Proposed name for Merged Group

The Boards of Capital Radio plc (Capital Radio) and GWR Group plc (GWR) are
today pleased to announce that the proposed name of the Merged Group is GCap
Media plc.

Shareholders in Capital Radio will be asked to approve the name at an
Extraordinary General Meeting, the date of which is to be confirmed.

The name development involved staff input from both companies and the brand
identity is being developed in-house at Capital Radio.

Commenting on this important step in the merger process, Ralph Bernard,
Executive Chairman of GWR, said:

"The name GCap Media retains elements of both the Capital Radio and GWR brands
and reflects the important contribution both businesses will make to the Merged
Group. We look forward to completing the transaction and establishing GCap Media
as the leading commercial radio group in the UK. This is a pivotal time for
commercial radio as advances in digital technology open up new opportunities and
GCap Media will have greater scale and financial resources to take full
advantage."

Enquiries:

Capital Radio plc                       GWR Group plc
Finsbury                                College Hill
Tel: +44 (0)20 7251 3801                Tel: +44 (0)20 7457 2020
Rupert Younger                          Adrian Duffield
Julius Duncan                           Tom Baldock

The new logo may be viewed at www.gcapmedia.com from Monday 21st March 2005


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

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