RNS Number:6267U
Scottish Radio Holdings PLC
26 January 2004

                                                                 26 January 2004

                      Scottish Radio Holdings plc ("SRH")

                                  AGM STATEMENT

At the Annual General Meeting of SRH held on 26 January, Chairman, Lord Gordon
of Strathblane CBE, gave the following update to shareholders:

"The group made a strong start to the current financial year, with revenues from
continuing activities up 11.3% in the first quarter (October to December).
Like-for-like revenues were up 7.7%. In radio, this reflects a continuing
improvement in national advertising revenue and an ongoing robust performance
from local advertising. Like-for-like radio revenues were up 10.5% compared with
the corresponding period last year. In Score Press like-for-like revenues grew
4.0% compared with the same three months a year ago. Revenue growth has
continued into January.

"We are pleased with the start to our new financial year and look forward to a
satisfactory result for the group overall, for the financial year to 30
September 2004.

"Recently SMG sold its 27.80% holding in the company to EMAP and while we would
have preferred to assist in placing those shares, we look forward to a mutually
beneficial relationship with EMAP as shareholders.

"The group will announce its interim results on 20 May".

Copies of the resolutions passed at the AGM have been submitted to the UK
Listing Authority, and will shortly be available for inspection at the UK
Listing Authority's Document Viewing Facility, which is situated at:

UK Listing Authority                         020 7676 1000
Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS


For further information contact:

Scottish Radio Holdings
Richard Findlay                              0141 565 2202
Alan Wilson                                  0141 565 2242

Gavin Anderson & Company                     020 7554 1400
Byron Ousey                                  
Ken Cronin                                  


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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