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 subject          BlackRock, Inc.                          
to the notification obligation                                             
                                                                           
ii)Full name of shares holders           n/a                                      
(if different from i)                                                      
                                                                           
iii) Reason for Notification             - An acquisition or disposal of voting 
                                           rights; and                          
                                                                           
                                         - An acquisition or disposal of        
                                           instruments with similar economic    
                                           effect to qualifying financial       
                                           instruments                          
                                                                           
iv) Date of Transaction                  22 August 2012                           
                                                                           
v) Date issuer was notified              24 August 2012                           
                                                                           
vi) Threshold that was crossed           Holding has gone below 18%               
                                                                           
vii) Situation previous to the           Number of shares      111,652,268*       
triggering transaction                                                     
                                         Number voting rights  111,652,268*       

*Situation previous based on issued shares capital of 683,928,502


viii) Resulting situation after          Number of voting      113,373,587           
the triggering transaction               rights (indirect)

                                         % of voting rights    16.57% 


ix) Financial instruments with           Type of financial     CFD  
similar economic effect to               instrument
Qualifying Financial
Instruments - Resulting situation 
after the triggering transaction         Number of voting      9,740,425  
                                         rights instrument 
                                         refers to 
                                        

                                         % of voting rights    1.42% (Nominal)

                                                               1.42% (Delta) 

x) Total                                 Number of voting      123,114,012*
                                         rights                      
                              
                                         Percentage of voting  17.99%*               
                                         rights                                     
                                                                           
xi) Chain of controlled                  BlackRock Investment Management (UK)       
undertakings through which the           Limited - 123,114,012 (17.99%)             
voting rights and/or the                                                   
financial instruments are                                                  
effectively held                                                           
                                                                           
xii) Additional information              BlackRock Regulatory Threshold             
                                         Reporting Team                             
                                                                           
xiii) Contact Name                       Andrew Manchester                          
                                                                           
xiv) Contact telephone number:           020 7743 5773                              
                                                                           

*Resulting situation based on issued share capital of 684,470,211

Sara Goldsbrough

Assistant Company Secretary

020 3214 9153

28 August 2012