Holding(s) in Company

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 Persons            BlackRock, Inc.                                 
subject to the                                                             
notification obligation  


ii)Full name of shares             n/a                                             
holders (if different from i)

  
iii) Reason for                    An acquisition or disposal of voting            
Notification                       rights   


iv) Date of Transaction            30 November 2011                                

                                             
v) Date issuer was                 2 December 2011                                 
notified 


vi) Threshold that was             Holding has gone below 19%                      
crossed  


vii) Situation previous to         Number of shares:   114,220,745                  
the triggering transaction                                                 
                                   Number voting       114,220,745                  
                                   rights  

viii) Resulting situation          Number of voting rights:  113,515,640 (indirect)                 
after the triggering               % of voting rights:       16.60% 
transaction


ix) Financial
instruments with similar economic  Type of financial instrument: CFD
effect to Qualifying Financial     Number of voting rights instrument refers to: 15,859,773
Instruments -Resulting situation   % of voting rights 2.32% (Nominal)
after the triggering transaction                      2.32% (Delta)


x) Total                           Number of voting rights: 129,375,413
                                   Percentage of                                  
                                   voting rights:           18.92%  
 
                                                                          
xi) Chain of controlled            BlackRock Investment Management (UK) Limited            
undertakings through which         129,375,413 (18.92%)                  
the voting rights and/or                                                   
the financial instruments                                                  
are effectively held                                                       
  
                                                                         
xii) Additional information:       BlackRock International Threshold Reporting Team              
                                              
                                                                           
xiii) Contact Name:                Andrew Manchester                               
 
                                                                          
xiv) Contact telephone number:     020 7743 5773                                   
                                                                   
    

                                                                       

Sara Goldsbrough

Assistant Company Secretary

020 3214 9153

5 December 2011