Financial Announcements
Radio licence auction win
23/04/2002
Daily Mail & General Trust PLC
23 April 2002
23 April 2002
Daily Mail and General Trust plc ('DMGT')
DMG Radio Wins Gosford FM Auction
DMGT is pleased to announce that DMG Radio Australia ('DMG') has extended its
regional presence in Australia following its successful bid for the new
commercial FM radio licence in Gosford. The winning bid of A$13.5 million (£5
million) was made by DMG Radio Australia Pty Limited. The new station will
broadcast on 104.5 on the FM dial and is expected to go to air for the first
time in May/June 2003.
DMG is 75% owned by DMGT and 25% by GWR Group plc.
Enquiries to:
Peter Williams, Daily Mail and General Trust plc 020-7938-6631
Paul Thompson, DMG Radio Australia 00 61 (0) 8 8415 5240
Daily Mail and General Trust plc
Northcliffe House, 2 Derry Street,
London, W8 5TT
Tel 020 7938 6000
Fax 020 7938 4626