Director Shareholding

Capital & Regional plc
23 June 2004


NOTIFICATION OF INTEREST UNDER SECTION 324 OF THE COMPANIES ACT 1985

The Company has today received notification, under Section 324 as extended by
Section 328 of the Companies Act 1985, of the following dealing:


Beneficial Holder    Registered Holder        Number of Shares  Date of       Price per    Revised
                                              Purchased         Purchase      Share        Holding

Hans Mautner         Vidacos Nominees         10,000            21/6/04       516p         35,906



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