Notification of Major Interest in Shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:

Cape Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation:

TIAA-CREF Investment Management, LLC on behalf of the accounts referred to in Exhibit A

Nuveen Investments, Inc. on behalf of the entities referred to in Exhibit A

4. Full name of shareholder(s)  (if different from 3.):

See Number 3

5. Date of the transaction and date onwhich the threshold is crossed orreached:

13 July 2015

6. Date on which issuer notified:

14 July 2015

7. Threshold(s) that is/are crossed orreached:

3%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

JE00B5SJJD95

3,705,971

3,705,971

3,505,502

3,505,502

0

2.895%

0%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,505,502

2.895%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

The College Retirement Equities Fund ("CREF"), managed by TIAA-CREF Investment Management LLC ("TCIM"), hereby informs you as of July 14, 2015 it holds 116,833 shares of Cape Plc. CREF owns these shares in its investment account, the CREF Stock Account. It is our understanding the total voting shares outstanding of Cape Plc is 121,103,937 bringing CREF's ownership in your company to a 0.096% level.

Additionally, Nuveen Investments, Inc. ("NII"), sold 200,469 shares on July 13, 2015, bringing the total owned by Nuveen Investments, Inc. to 3,388,669 shares in Cape Plc. The combined TIAA-Nuveen enterprise now has aggregated holdings of 3,505,502 shares or 2.895% of the issued and outstanding voting shares in Cape Plc.

Each of TCIM and NII are aggregating their holdings in Cape Plc as required by current FCA Disclosure and Transparency Rules. However, each of TCIM and NII separately and independently vote all proxies for shares held in Cape Plc.

(See Exhibit A)

Proxy Voting:

10. Name of the proxy holder:

TIAA-CREF Investment Management, LLC / Nuveen Investments, Inc.

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

None

14. Contact name:

Stuart R. Brunet

15. Contact telephone number:

+1-415-882-3711