CAP Clean Air

RNS Number:1655Y
Capital Radio PLC
31 January 2001


             CAPITAL RADIO PLC - NOTIFICATION OF DIRECTOR'S 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 awards under the Plan.

Capital Radio plc announces that following maturity of the conditional awards
granted in November 1997 to Executive Directors under the Long Term Incentive
Plan, the following shares were released on 29 January 2001 to the individuals
listed below (net of tax thereon):


  Director                       Number of Shares        Resultant Holding of
                                      Released                  Shares

David Mansfield                        22,978                   64,672
Richard Park                           19,148                   46,251
Paul Davies                            13,404                   22,992
Peter Harris                           13,404                   18,369
Sally Oldham                           12,446                   13,675

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 54,255 Shares
at a price of 1095p per Share to satisfy the consequent tax liability for the
Directors.

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