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:

viii) Resulting situation after the triggering transactionix) Financial
instruments with similar economic effect to Qualifying Financial Instruments -
Resulting situation after the triggering transactionx) Total

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 of                             
Notification                     voting rights                                             
                                                                           
iv) Date of                      23 April 2012                                             
Transaction                                                                
                                                                           
v) Date issuer                   24 April 2012                                             
was notified                                                               
                                                                           
vi) Threshold                    Holding has gone above 18%                                
that was crossed                                                           
                                                                           
vii) Situation                   Number of       107,928,426                               
previous to the                  shares                                                    
triggering                                                                 
transaction                      Number voting   107,928,426        
                                 rights                                                    
                              
viii) Resulting 
situation after 
the triggering 
transaction
                                 Number of       109,005,398
                                 voting rights  (indirect)
                                 % of voting     15.94%                                    
                                 rights                                                    
                        
                      
ix) Financial
instruments with 
similar economic 
effect to Qualifying 
Financial Instruments -
Resulting situation 
after the triggering 
transaction                                                                   
                                 Type of          CFD            
                                 financial                                 
                                 instrument                                
                                                                           
                                 Number of        14,220,496                                
                                 voting rights                                             
                                 instrument                                                
                                 refers to                                                 
                                                                           
                                 % of voting      2.08%                                     
                                 rights          (Nominal)                                 
                                                                           
                                                  2.08% (Delta)                             
                                                                           
x) Total
                                 Number of        123,225,894
                                 voting rights                             
                                                                           
                                 Percentage of   18.02%                                    
                                 voting rights                                             
                                                                           
xi) Chain of                     BlackRock Investment                                      
controlled                       Management (UK) Limited -                                 
undertakings                     123,225,894 (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 Goldsbrough

Assistant Company Secretary

020 3214 9153

25 April 2012