7DIG.L Regulatory News (7DIG)

11 Jan 2008 07:30

UBC Media Group PLC11 January 2008 UBC Media Group plc 11 January 2008 Closure of Oneword Radio Further to its announcement in November 2007 UBC Media Group plc ("UBC")confirms that it will today close the loss making digital radio station, OnewordRadio. UBC took control of Oneword Radio from Channel 4 Television in December2007 in order to effect an orderly closure. Commenting on the closure, Simon Cole, CEO of UBC said:"With the sale in June 2007 of Classic Gold for £3.95 million and the closure ofOneword Radio, UBC has now completed the implementation of a strategy that seesus 100% focussed as a radio services company". ENDS Enquiries Simon Cole, CEO, UBC Media Group plc Tel: 020 7453 1600 Verity Williams or Diane Barnes, Portland for UBC Tel: 020 7404 5344 Mark Percy or Sarah Jacobs, Seymour Pierce Tel: 020 7107 8008 This information is provided by RNS The company news service from the London Stock Exchange