Holding(s) in Company

Capital & Regional PLC
20 May 2002



NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985

On 17th May 2002, 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

Dawnay,Day Propeties Ltd            Chase Nominees Ltd                  1,075,959

Starlight Investments Ltd           Starlight Investments Ltd           134,965

Pincus Pension Plan                 Vidacos Nominees Limited            10,305

                                    A/c Bear

Brian & Hannah Smouha               Vidacos Nominees Limited            20,609

                                    A/c Bear

Tarragona Investment                Hanover Nominees Limited            2,373,909
Group Ltd                           A/C Lehman Brothers


The total holding of Dawnay Day Properties Ltd and its associates is 3,615,747
ordinary shares representing 5.86% of the issued share capital. Their holding
has decreased from 7.88% to 5.86%.

END


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