Holding in Company

Capital & Regional PLC
17 September 2001


NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985

On 14th September 2001, the Company received notification of the following
interests in ordinary shares of 10p each in Capital & Regional plc:

Beneficial Holder           Registered Holder                      No. of
                                                                   Shares

Starlight Investments Ltd   Starlight Investments Ltd              225,000

Dawney Day Properties Ltd   a) Chase Nominees Ltd                  2,442,323

                            b) Dawney Day Properties Limited       40,500

Pincus Pension Plan         Vidacos Nominees Limited A/c Bear      50,000

Brian & Hannah Smouha       Vidacos Nominees Limited A/c Bear      100,000

Tarragona Investment Group  Chase Nominees Limited A/C Lehman      2,545,210
Ltd                         Brothers

The total holding of Starlight Investments Ltd and its associates is
5,403,033 ordinary shares representing 6.85% of the issued share capital.
Their holding has increased from 5.00% to 6.85%.

END