2 January 2004

London Stock Exchange

Old Broad Street

London

EC2N 1HP

Dear Sirs

We received notification on the 31 December 2003 that Prudential plc and
certain of its subsidiaries are interested in 5,376,547 ordinary shares in
Capital Radio plc, representing 6.48% of the ordinary shares in issue.

Yours faithfully

Nathalie Schwarz

Company Secretary



END