RNS Number:2730N
Fidelity International Ltd
7 July 2003


                                                        FORM SAR 3


                                       Date of disclosure...July 7, 2003.....

                 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

                 
Date of acquisition......July 3, 2003..........................................

Acquisition in...........Capital Radio PLC.....................(name of company)


(1) Class of voting shares    Number of shares/rights   If rights over shares
    (eg ordinary shares)      over shares acquired      acquired, as opposed
                                                        to the shares
                                                        themselves, specify
                                                        nature of rights

    ..Ordinary Shares...      ...6,000........shares    ..........N/A.......
                              ................rights


(2) Resultant total holding   Resultant total holding   Total percentage
    of voting shares (and %   of rights over shares
    of total voting shares    (and % of total voting
    in issue)                 shares in issue)

    ..12,409,524.....(15.00%)   ...N/A.......(    %)    ..12,409,524...(15.00%)


(3) Party making disclosure....Fidelity Management & Research Co. & Fidelity
                               International Limited 

(4)  (a)  Name of person acquiring shares or rights over shares ..Fidelity 
          Management & Research Co. & Fidelity International Limited
          and/or one or more of their direct and indirect subsidiaries, on
          behalf of client
          and, if different, beneficial owner............................... 

     (b)  Names of any other persons acting by
          agreement or understanding (see SAR 5)............................


Signed, for and on behalf of the party named in (3) above...................

(Also print name of signatory).....Eric D. Roiter
                                   Sr. V.P. & General Counsel - FMR Co.
                                   Duly authorized under Powers of Attorney
                                   dated December 30, 1997, by and on behalf
                                   of FMR Corp. and its direct and indirect
                                   subsidiaries, and Fidelity International
                                   Limited and its direct and indirect 
                                   subsidiaries.

Telephone and extension number.....Eleanor Chemlen, Sr. Compliance Specialist
                                   (617) 563 1416

Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person.  Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, Monitoring 
Section, Tel. No: 020 7638 0129.






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