Director/PDMR Shareholding & TVR

Cape plc

("Cape" or the "Company")

31 May 2012

Issue of Ordinary shares to Director

Cape announces that on 25 May 2012, Tim Eggar, Non-Executive Chairman, was allotted 2,856 Ordinary shares of 25p each in the Company ("Ordinary Shares") at a price of 328.284 pence per share, representing 0.002 per cent. of the issued share capital and total voting rights of the Company.

The shares allotted to Tim Eggar were pursuant to his standing instructions to receive shares as part satisfaction of his annual director's fees.

Following this transaction Tim Eggar has a beneficial interest in 27,429 Ordinary Shares, representing 0.023 per cent. of the issued share capital and total voting rights of the Company.

Application has been made to the UK Listing Authority and to the London Stock Exchange for 2,856 Ordinary Shares to trade on the London Stock Exchange and to be admitted to the Official List upon issuance.

Total Voting Rights

In accordance with the Financial Services Authority's Disclosure and Transparency Rules (the "Rules"), Cape advises that, as at the date of this announcement and following the issue of 2,856 Ordinary shares referred to above, it has a single class of shares in issue which are admitted to trading on the main market of the London Stock Exchange, being ordinary shares of 25 pence each ("Ordinary Shares") and that there are 120,765,984 Ordinary Shares in issue, each carrying one vote per Ordinary Share. The Company does not hold any Ordinary Shares in treasury.

The total number of voting rights in the Company's Ordinary Shares is 120,765,984 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Rules.

Enquiries:

Cape plcChris Judd, Company Secretary

Tel: +44 (0)20 7318 5410

M: CommunicationsPatrick d'Ancona or Ben SimonsTel. +44 (0)20 7920 2330