CAP Clean Air

RNS Number:7004K
UBS AG (EMM)
06 April 2005

                                                                 FORM 38.5 (CFD)



                        CONNECTED EXEMPT MARKET-MAKERS:

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







Dealing in Contract for Difference

 ("CFD") referenced to ................................CAPITAL RADIO............
............................



Date of disclosure

                                ..........................................06
APRIL 2005...................................................



Date of dealing

                                ........................................ 05
APRIL 2005.................................................



Name of EMM    .......................................UBS AG
..............................................................



Name of offeree / offeror with whom connected:  GWR GROUP






      PRODUCT          STATE DESCRIPTION         QUANTITY              PRICE            MATURITY DATE
      LONG CFD              WRITING                       3,700         3.97              10/04/2008






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