12 February 2003

Regulatory News Service

London Stock Exchange

Old Broad Street

London

EC2N 1HP

Dear Sirs

We received notification on the 12 February 2003 that FMR Corporation and its
direct and indirect subsidiaries, and Fidelity International Limited and its
direct and indirect subsidiaries are interested in 12,041,568 ordinary shares
in Capital Radio plc, representing 14.64% of the ordinary shares in issue.

Yours faithfully

Nathalie Schwarz

Company Secretary



END