Designate Shareholding

Capital & Regional plc
17 March 2008





                                                                   17 March 2008



CAPITAL & REGIONAL PLC:

ACQUISITION OF SHARES BY CHIEF EXECUTIVE DESIGNATE



Capital & Regional plc, the co-investing property asset manager, today announces
that Hugh Scott-Barrett, who, as previously announced, has been appointed Chief
Executive of the Company with effect from 1 April, acquired a total of 150,000
shares on 11 March 2008 at an average price of 545p.



115,000 shares were purchased for his personal account at a price of 545p and
35,000 shares were purchased for his SIPP account at a price of 546p.



Under the terms of a Matching Share Agreement entered into with the Capital &
Regional plc Employee Share Ownership Trust 2002 on 9 March 2008, he will become
entitled, once he takes up his position on 1 April, to up to a further 450,000
shares, subject to vesting conditions as to time, relative and absolute
performance over the next three years.



Further to the announcement on 10 March 2008 of Mr Scott-Barrett's appointment,
Capital & Regional confirms that there are no further details required to be
disclosed under Listing Rule 9.6.13.

                               -          ENDS -



For further information:

Capital & Regional:
Tom Chandos, Chairman                   Tel:  [phone]


Maitland
Martin Leeburn or Emma Burdett          Tel:  [phone]



Notes to editors:



About Capital & Regional plc

Capital & Regional is the co-investing asset manager which specialises in town
centre shopping centres, out of town retail parks, and urban entertainment
complexes.

Capital & Regional founded the Mall and Junction Funds in conjunction with
Morley Fund Management.  It also founded the X-Leisure fund with Hermes
Investment Management Limited, and has a number of other joint ventures and
developments.  Its shares are quoted on the London Stock Exchange.

For further information see www.capreg.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange