RNS Number:4385W
Capital Radio PLC
27 May 2002



                                                                   27th May 2002



                      Capital Radio plc ("Capital Radio")



Capital Radio notes the recent press speculation concerning a possible merger
involving the company.



Following the recent publication of the draft Communications Bill by the UK
Government, Capital Radio has been reviewing the proposed legislation and
considering the increased number of strategic options that may result for the
Company. Capital Radio holds informal discussions from time to time with
interested parties covering a wide range of potential opportunities in UK radio.
Capital Radio would expect that, as the bill progresses through the consultation
and legislative processes, such informal discussions with interested parties
will continue.



Shareholders will be kept informed of any significant developments should they
arise.





Enquiries



Capital Radio plc
David Mansfield              020 7766 6240
Peter Harris                 020 7766 6257
Dorothy Colling              020 7766 6194
                  



Finsbury Group
Rupert Younger               020 7251 3801
James Leviton







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