Additional Information for Shareholders on SA R...

CAPITAL & COUNTIES PROPERTIES PLC

FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2011 - ADDITIONAL INFORMATION FOR
SHAREHOLDERS ON THE SOUTH AFRICAN REGISTER

Shareholders on the South African branch register are referred to the final
dividend announcement released on SENS on 3 May 2012 and are advised that the
share price to be used for calculating residual payments under the Scrip
Dividend alternative will be the same as the scrip dividend price of 2477.17 ZA
cents.

Using the same example as contained in the aforementioned announcement, a
shareholder who holds 500 shares on the South African branch register would be
entitled to 2.52627 shares (expressed to five decimal places) which will be
rounded down to 2 shares and the residual payment will be 0.52627 x 2477.17 ZA
cents = 1303.06 ZA cents, payable in cash.

As the cash residuals will not constitute the distribution of an asset in
specie, the residual payments will be subject to South African Dividends Tax,
which will therefore be withheld from the residual payment to South African
shareholders at a rate of 15 per cent. unless a shareholder qualifies for an
exemption from Dividends Tax, and the prescribed requirements for effecting the
exemption, as set out in the scrip dividend scheme booklet, are in place.

For further information, please see the Supplemental Notice concerning taxation
amendments in South Africa that will be published on the Company's website as
soon as reasonably practical following the release of this announcement.

Enquiries

Ruth Pavey
Company Secretary
Capital & Counties Properties PLC
+ 44 (0) 20 7297 6283

15 May 2012