Exchange rate for 2011 interim dividend

CAPITAL & COUNTIES PROPERTIES PLC

EXCHANGE RATE FOR 2011 INTERIM DIVIDEND PAYABLE TO SHAREHOLDERS ON THE SOUTH AFRICAN REGISTER 

Capital & Counties Properties PLC announces that the South African Rand exchange rate for the 2011 interim dividend of 0.5 pence per ordinary share to be paid on 20 September 2011, to all shareholders registered on 26 August 2011, will be 11.569 ZAR to 1 GBP. 

On this basis, shareholders who hold their shares via the South African register will receive a dividend of 5.7845 ZA cents per ordinary share.

12 August 2011

Ruth Pavey

Company Secretary