CAP Clean Air

RNS Number:4609D
Capital Radio PLC
29 September 2004

                               Capital Radio plc
                       Pre-close Full Year Trading Update
                              29th September 2004


Capital Radio plc today announces a trading update for the twelve months ending
30th September 2004, ahead of the full year results due to be released on 25th
November 2004.


We anticipate that our radio revenues for the quarter to September 2004 will
increase by 4% year on year, in line with expectations. In the quarter to June
2004 revenues increased by 5% against the same quarter in the previous year.
Consequently, revenue for the six months ending 30th September 2004 will
increase 4.5% against the same period in the prior year.


Accordingly, we anticipate that our radio revenues will increase 4% for the year
ending 30th September 2004.


Our revenue performance continues to benefit from the Group's portfolio of
stations across the UK and we are achieving particularly strong growth from The
Century FM Network, Xfm and the newly acquired Choice FM.


We believe that radio will continue to out-perform the display advertising
market. However, radio advertising remains short term and we are cautious about
the outturn for the October to December quarter.


Enquiries:

Capital Radio plc
David Mansfield, Chief Executive                       +44 20-7766-6288
Peter Harris, Finance Director                         +44 20-7766-6119
Jane Wilson, Director of Communications                +44 20-7766-6863

Finsbury Group
Rupert Younger                                         +44 20-7251-3801
Julius Duncan                                          +44 20-7251-3801








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