13 December 2004

                            NOTIFICATION OF SHARES                             

We were informed on 13 December 2004 that Fidelity International Limited and
its direct and indirect subsidiaries and principal shareholders of Fidelity
International Limited are interested in Capital Radio plc shares resulting in a
holding of 12,762,156 ordinary shares in the company, representing 14.94% of
the ordinary shares in issue at 8 December 2004.

Yours faithfully

Cliff Fluet
Company Secretary
Capital Radio plc

END

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