RNS Number:1012F
Bridgewell Securities Limited
10 November 2004






                                 FORM 38.5

                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS



Name of EMM

Bridgewell Securities Limited



Date of disclosure

10 November 2004



Contact name

Neil Kapoor



Telephone number

020 7003 3207



Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:



Capital Radio plc



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS







Dealing in                             Capital Radio Plc

Class of security                      Ordinary 2.5p shares

Date of disclosure                     10 November 2004

Date of dealing                        10 November 2004

Name of EMM                            Bridgewell Securities Limited

Name of offeree/offeror with whom connected      Offeree - Capital Radio Plc

Total number of securities purchased             2,500

Highest price paid*                              429.5 p sterling

Lowest price paid*                               429.5 p sterling

Total number of securities sold                  2,500

Highest price received*                          435 p sterling

Lowest price received*                           427 p sterling


*Currency must be stated


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

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