CAP Clean Air

    20th January 2003

Regulatory News Service

London Stock Exchange

Old Broad Street

London

EC2N 1HP

Dear Sirs

We received notification on the 20 January 2003 that FMR Corporation and its
direct and indirect subsidiaries, and Fidelity International Limited and its
direct and indirect subsidiaries are interested in 9,902,373 ordinary shares in
Capital Radio plc, representing 12.04% of the ordinary shares in issue.

Yours faithfully

Nathalie Schwarz

Company Secretary

END

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