RNS Number:1084D
Capital Radio PLC
20 September 2004



For Immediate Release                                          19 September 2004

                         Capital Radio PLC ("Capital")
                                      and
                             GWR Group plc ("GWR")

The boards of Capital and GWR note recent press speculation and confirm they are
currently in discussions concerning the possibility of a nil premium all share
merger. These discussions are ongoing and may or may not lead to a transaction.
A further announcement will be made as appropriate in due course. Pending any
such announcement the companies do not intend to comment further.

Contacts:

Finsbury
Rupert Younger                             020 7251 3801

College Hill                               020 7457 2020
Adrian Duffield

                                    - Ends -

                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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