Directors' Dealings

CAPITAL AND REGIONAL PROPERTIES PLC
29 July 1999


NOTIFICATION OF INTEREST UNDER SECTION 324 OF THE COMPANIES ACT 1989

The Company received notification on 27th July 1999 and 28th July 1999, under
Section 324 of the Companies Act 1989 of the following Director's interests in
ordinary shares of 10p each in Capital and Regional Properties plc:

Benficial           Number of    Purchase       Revised       Date of
Holder              Shares       Price          Beneficial    Purchase
                    Purchased    Per share      Holding       

Martin Barber       50,000       285p           2,575,820     27/07/1999

Martin Barber       25,000       285p           2,600,820     28/07/1999

Martin Barber       75,000       290p           2,675,820      28/07/1999

These shares have been purchased by Mr Barber's self administered pension fund
and are held on account Winterthur Personal Pension Portfolio, Account
Designation Mr M Barber.