16 October 2003

London Stock Exchange

Old Broad Street

London

EC2N 1HP

Dear Sirs

We received notification on the 16 October 2003 that FMR Corporation and its
direct and indirect subsidiaries, and Fidelity International Limited and its
direct and indirect subsidiaries are interested in 11,108,312 ordinary shares
in Capital Radio plc, representing 13.43% of the ordinary shares in issue.

Yours faithfully

Nathalie Schwarz

Company Secretary



END