DMG Radio wins Gosford FM Auction

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Tuesday 23 April 2002

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 DMGT
+ 44 (0) 207 938 6631
Paul Thompson DMG Radio Australia + 61 (0) 8 8415 5240