RNS Number:6628W
Capital Radio PLC
3 January 2001


LETTER TO:    COMPANY ANNOUNCEMENTS OFFICE

We received notification on the 3 January 2001 that the regulated business of
M & G Investment Management Limited was transferred to Prudential Portfolio
Managers Ltd on 31 December 2000. This was subsequently renamed as M & G
Investment Management Limited and as such they are interested in 4,816,944
ordinary shares in Capital Radio plc, representing 5.90% of the ordinary shares
in issue.

LETTER FROM:  CAPITAL RADIO PLC


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