14th Jan 2008 07:01
Capital & Regional plc14 January 2008 14 January 2008 CAPITAL & REGIONAL PLC: VALUATION OF MALL, JUNCTION AND X-LEISURE FUNDS Capital & Regional plc, the co-investing property asset manager, today announcedthat the unit values of the Mall Limited Partnership, the Junction LimitedPartnership and the X-Leisure Limited Partnership as at 31 December 2007 were asfollows: Valuation of Unit value Unit value at Underlying Change in Units owned C&R Unit value properties at 31 December valuation unit value by C&R percentage at 31 31 December 2006 change % (geared) of fund December 2007 YTD YTD 2007 (1) (2) (incl MTM) (3)Mall Fund £3,015,687,792 £2.0642 £2.4883 (7.9)% (17.0)% 157,742,057 24.2% £2.0878Junction £1,222,962,884 £1.8704 £2.8481 (19.8)% (34.3)% 85,000,000 27.3% £1.9120FundX-Leisure £947,100,000 £1.6775 £1.7586 (1.7)% (4.6)% 51,899,578 19.4%Fund Notes: (1) The underlying valuation change shows the increase/(decrease) in thevalue of the portfolio as a percentage of opening value adjusted for additionsand disposals, over the year. (2) The change in unit value reflects the movement in the capital value(excluding the impact of debt mark to market adjustments) of the fund over theyear. Investors separately benefit from quarterly distributions of net incomeand periodic capital distributions. Capital distributions to fund unit holders reduce the unit price. Inthe year Mall unit holders have received capital distributions of £0.04 perunit, Junction unit holders have received £0.03 per unit and X-Leisure unitholders have received £0.005 per unit. (3) MTM - mark to market unit value including the surplus on revaluation ofinterest rate swaps and fixed interest debt. - ENDS - For further information: Capital & Regional:Martin Barber, Chief Executive Tel: 020 7932 8101William Sunnucks, Group Finance Director Tel: 020 7932 8125 MaitlandMartin Leeburn Tel: 020 7379 5151Emma Burdett Tel: 020 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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