FORM 8.1/8.3

Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel. Use
separate form for each class of securities in which dealings have been made.

Date of Disclosure 27 September 2004

DISCLOSURE UNDER RULES 8.1(a), 8.1(b) (i) and 8.3 OF THE CITY CODE ON TAKEOVERS
AND MERGERS

Date of Dealing 26 September 2004

Dealing in CAPITAL RADIO

(1)  Class of securities (eg ordinary shares) ORD GBP0.025

(2)  Amount bought    Amount sold     Price per unit    
                 0            400             3.9633

(3) Resultant total of the same class owned or controlled
    (and percentage of class)       1,563,390        (1.83 % )
   
(4)  Party making disclosure     Barclays PLC
  
(5) EITHER (a) Name of purchaser / vendor (Note 1)
  
           (b) if dealing for discretionary clients, name of fund management organisation
 
               Barclays PLC
  
(6) Reason for disclosure (Note 2)
  
           (a) associate of (i) offeror (Note 3)      NO
                           (ii) offeree               NO
  
  Specify which category or categories of associate (1-8 overleaf)      
  
           (b) Rule 8.3 (I.e disclosure because of ownership or control of 1% or more
               of the class of relevant securities dealt in)   YES
  
Signed for and on behalf of the party named in (4) above
  
Geoff Smith
Telephone and extension number
0207 699 2305


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