Disposal

3 September 2010

CAPITAL & REGIONAL PLC:

SALE OF ST ANDREWS QUAY RETAIL PARK, HULL

Capital & Regional plc, the co-investing property asset manager, today announces that The Junction Fund has completed the sale of St Andrews Quay Retail Park, Hull to Threadneedle Strategic Property Fund at a price of £81.9m, reflecting a net initial yield of 6.98%.

The valuation of St Andrews Quay Retail Park, Hull as at 30 June 2010 was £80.32m.

Capital & Regional has an interest of 13.4% in The Junction Fund.

- ENDS -

For further information :

Capital & Regional:

Hugh Scott-Barrett, Chief Executive Tel: 020 7932 8000

Charles Staveley, Group Finance Director Tel: 020 7932 8000

Maitland:

Martin Leeburn/Emma Burdett Tel: 020 7379 5151