Holding(s) in Company

CAPITAL & COUNTIES PROPERTIES PLC (the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Capital & Counties Properties PLC has received a notification of interests in
the Ordinary shares of 25 pence each in the Company as shown below:


i) Full name of Persons           BlackRock, Inc.                                  
subject to the notification                                                  
obligation     
                                                              
                                                                             
ii)Full name of shares            n/a                                              
holders (if different from                                                   
i)     
                                                                      
                                                                             
iii) Reason for                  An acquisition or disposal of voting             
Notification                     rights                                           
                                                                             
iv) Date of Transaction          20 March 2012                                    
                                                                             
v) Date issuer was notified      22 March 2012                                    
                                                                             
vi) Threshold that was           Holding has gone above 18%                       
crossed                                                                      
                                                                             
vii) Situation previous to       Number of shares    108,646,312                  
the triggering transaction                                                   
                                 Number voting       108,841,601                  
                                 rights  

viii) Resulting situation 
after the triggering 
transaction                                    
                                                                             
                                 Number of voting    108,841,601                  
                                 rights                (indirect)                            
                                                                   
                                                                             
                                 % of voting rights  15.91%      

ix) Financial
instruments with similar 
economic effect to Qualifying 
Financial Instruments -
Resulting situation after 
the triggering transaction                                              
                                 Type of financial   CFD                          
                                 instrument                                       
                                                                             
                                 Number of voting    14,358,617                   
                                 rights instrument                                
                                 refers to                                        
                                                                             
                                 % of voting rights  2.10% (Nominal)              
                                                                             
                                                     2.10% (Delta)   

x) Total
                                 Number of voting  123,200,218
                                 rights                       
                                                                             
                                 Percentage of       18.01%                       
                                 voting rights                                    
                                                                             
xi) Chain of controlled          BlackRock Investment Management (UK)             
undertakings through which       Limited - 123,200,218 (18.01%)                   
the voting rights and/or                                                     
the financial instruments                                                    
are effectively held                                                         
                                                                             
xii) Additional information      BlackRock International Threshold                
                                 Reporting Team                                   
                                                                             
xiii) Contact Name               Andrew Manchester                                
                                                                             
xiv) Contact telephone           [phone]                                    
number:                                                                      
                                                                             

Sara Goldsbrough

Assistant Company Secretary

020 3214 9153

23 March 2012