CAP Clean Air

RNS Number:3155T
Capital Radio PLC
20 March 2002




               Capital Radio plc - Notification of Directors' Interests

Long Term Incentive Plan

The Company operates a Long Term Incentive Plan for the purposes of providing a
long-term incentive scheme for Executive Directors and certain Senior
Executives. Ordinary shares are acquired by the Capital Radio Employee Trust
from time to time for the purposes of satisfying under the Plan.

Capital Radio plc announces that following maturity of the conditional awards
granted in November 1998 to Executive Directors under the Long Term Incentive
Plan, the following shares were released on 20 March 2002 to the individuals
listed below (net of tax thereon):-

Director              Number of Shares Released     Resultant Holding of Shares
David Mansfield                  16,300                     80,972
Paul Davies                       9,895                     39,895*
Peter Harris                      8,732                     31,724

*30,000 held in wife's name.

In accordance with the rules of the Plan, these Shares were released to the
Directors without payment. In addition, the Shares were released to the
Directors net of tax thereon, the Trustee having first disposed of 36,559 Shares
at a price of £7.50p per Share to satisfy the consequent tax liability for the
Directors.


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