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 rights            
Notification                                                                   
                                                                             
iv) Date of Transaction             27 February 2012                                 
                                                                             
v) Date issuer was notified         29 February 2012 

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

vii) Situation previous to          Number of shares    114,220,745                  
the triggering transaction                                                   
                                    Number voting       114,220,745                  
                                    rights         

viii) Resulting situation 
after the triggering 
transaction:                        Number of voting    108,646,312 (indirect)                 
                                    rights                                                              
                                                                             
                                    % of voting rights  15.89%



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    14,303,447                   
                                    rights instrument                                
                                    refers to                                        
                                                                             
                                    % of voting rights  2.09% (Nominal)              
                                                                             
                                                        2.09% (Delta)   


x) Total                             
                                    Number of voting  122,949,759
                                    rights                       
                                                                             
                                    Percentage of       17.98%                       
                                    voting rights                 
                                                                    
                                                                                   
xi) Chain of controlled             BlackRock Investment Management (UK) Limited            
undertakings through which          122,949,759 (17.98%)                   
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             020 7743 5773                                    
number:                                                                      
                                                                             


Sara Goldsbrough
Assistant Company Secretary

020 3214 9153

1 March 2012