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             BlackRock, Inc.                                            
Persons subject                                                              
to the                                                                       
notification                                                                 
obligation   


ii)Full name of             n/a                                                        
shares holders                                                               
(if different                                                                
from i)  


iii) Reason for             * An acquisition or disposal                             
Notification                  of voting rights; and                                  
                                                                             
                            * An acquisition or disposal                             
                              of instruments with similar                            
                              economic effect to                                     
                              qualifying financial                                   
                              instruments  


iv) Date of                 24 April 2012                                              
Transaction                                                                  
  
                                                                           
v) Date issuer              25 April 2012                                              
was notified   


vi) Threshold               Holding has gone below 18%                                 
that was crossed 


vii) Situation              Number of       109,005,398                                
previous to the             shares                                                     
triggering                                                                   
transaction                 Number voting   109,005,398                                
                            rights  

viii) Resulting situation 
after the triggering 
transaction                 Number of       108,881,011                
                            voting rights     (indirect)                         
                                                                   
                            % of voting     15.92%                                     
                            rights                                                     
                               

ix) Financial
instruments with similar 
economic effect to 
Qualifying Financial 
Instruments -
Resulting situation 
after the triggering 
transaction          
                            Type of          CFD            
                            financial                                  
                            instrument                                 
                                                                             
                            Number of        14,213,842                                 
                            voting rights                                              
                            instrument                                                 
                            refers to                                                  
                                                                             
                            % of voting     2.08% (Nominal)                            
                            rights                                                     
                                            2.08% (Delta)                              
                                          
x) Total
                            Number of       123,094,853
                            voting rights                              
                                                                             
                            Percentage of   17.998%                                    
                            voting rights                                              
                               
                                              
xi) Chain of                BlackRock Investment Management                            
controlled                  (UK) Limited - 123,094,853                                 
undertakings                              (17.998%)                                                  
through which the                                                            
voting rights and                                                            
/or the financial                                                            
instruments are                                                              
effectively held                                                             
  
                                                                           
xii) Additional             BlackRock International                                    
information                 Threshold Reporting Team                                   
  
                                                                           
xiii) Contact               Andrew Manchester                                          
Name                                                                         
      
                                                                       
xiv) Contact                020 7743 5773                                              
telephone number:                                                            
                                                                             

Sara Goldsbrough

Assistant Company Secretary

020 3214 9153

26 April 2012