Notification of Interest

Capital & Regional PLC
01 October 2002







NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985

On 1st October 2002, the Company received notification of the following
interests in ordinary shares of 10p each in Capital & Regional plc:

Management Company                    Registered Holder                              No. of Shares
Fidelity International Limited        Chase Manhattan Bank London                          424,700
Fidelity International Limited        Chase Nominees Limited                             1,513,200
Fidelity International Limited        Chase Manhattan Bank London                        1,742,922
Fidelity International Limited        Bank of New York London                               67,000
Fidelity International Limited        Bankers Trust                                         96,500
Fidelity International Limited        Citibank                                             240,600
FMR Corporation                       HSBC                                                 200,000
FMR Corporation                       Mellon Bank                                              600
Fidelity International Ltd.           HSBC Client Holdings Nominee (UK) Ltd.                51,670
Fidelity Management Trust Company     State Street Nominees Ltd.                            23,000
Fidelity Management Trust Company     Brown Brothers Harriman                               12,300



The total holding of Fidelity International Limited, the Parent holding company
for various direct and indirect subsidiaries, including Fidelity Investment
Services Ltd., investment managers for various non-US investment companies and
institutional clients and of Fidelity Management Research Company, investment
manager for US mutual funds, 4,372,492 ordinary shares representing 7.08% of the
issued share capital.

END


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