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Holding(s) in Company

14th May 2012 12:30

CAPITAL & COUNTIES PROPERTIES PLC (the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Capital & Counties Properties PLC has received a notification of interests in the Ordinary shares of 25 pence each in the Company as shown below:

i) Full name of BlackRock, Inc. Persons subject to the notification obligation ii)Full name of n/a shares holders (if different from i) iii) Reason for * An acquisition or disposal Notification of voting rights; and * An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments iv) Date of 9 May 2012 Transaction v) Date issuer 11 May 2012 was notified vi) Threshold Holding has gone above 18% that was crossed vii) Situation Number of 108,881,011 previous to the shares triggering transaction Number voting 108,881,011 rights viii) Resulting situation after the triggering transaction Number of 110,796,646 voting rights (indirect) % of voting 16.20% rights ix) Financialinstruments with similar economic effect to Qualifying Financial Instruments -Resulting situation after the triggering transaction Type of CFD financial instrument Number of 12,474,877 voting rights instrument refers to % of voting 1.82% rights (Nominal) 1.82% (Delta) x) Total Number of 123,271,523 voting rights Percentage of 18.02% voting rights xi) Chain of BlackRock Investment controlled Management (UK) Limited - undertakings 123,271,523 (18.02%) through which the voting rights and/or the financial instruments are effectively held xii) Additional BlackRock International information Threshold Reporting Team xiii) Contact Andrew Manchester Name xiv) Contact 020 7743 5773 telephone number: Sara GoldsbroughAssistant Company Secretary020 3214 9153

14 May 2012

XLON

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