CAP Clean Air

RNS Number:7439X
Capital Radio PLC
24 January 2001

                                                             24th January 2001

                              CAPITAL RADIO plc

                          2001 AGM TRADING STATEMENT

Revenue for October to December 2000 increased by 12% reflecting the
acquisitions we made last year. Our like for like revenues increased by 4%. We
expect similar increases in revenues for the quarter January to March 2001.

In order to achieve our long term strategic objectives we are making increased
investment in digital radio and strategic marketing, as well as our continuing
investment in Xfm and Interactive. These planned levels of expenditure were
announced in November last year and will be reflected in our half year
results.

Although we remain cautious regarding current trends in the advertising
market, we believe the longer term prospects for radio advertising are very
positive. Capital Radio is the UK's leading analogue and digital radio company
and with a balanced portfolio of established and new stations we are well
placed to deliver future growth.


Enquiries:

Capital Radio plc
David Mansfield, Chief Executive                                020 7766 6288

Peter Harris, Finance Director                                  020 7766 6119
Miranda Acland, Head of Corporate Communications                020 7766 6119

Finsbury Ltd
James Leviton                            020 7251 3801

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