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                     31 May 2012                                               
Transaction                                                                
                                                                           
v) Date issuer                  6 June 2012                                               
was notified                                                               
                                                                           
vi) Threshold                   Holding has gone above 18%                                
that was crossed                                                           
                                                                           
vii) Situation                  Number of       111,132,255                               
previous to the                 shares                                                    
triggering                                                                 
transaction                     Number voting   111,132,255                               
                                rights  
viii) Resulting situation 
after the triggering 
transaction                     Number of      111,457,209                
                                voting rights                            
                                (indirect)                 
                                % of voting     16.30%                                    
                                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        11,763,738                                
                                 voting rights                                             
                                 instrument                                                
                                 refers to                                                 
                                                                           
                                 % of voting      1.72%                                     
                                 rights           (Nominal)                                 
                                                                           
                                                  1.72% (Delta)                             
x) Total
                                 Number of        123,220,947
                                 voting rights                             
                                                                           
                                 Percentage of   18.02%                                    
                                 voting rights                                             
                                                                           
xi) Chain of                     BlackRock Investment                                      
controlled                       Management (UK) Limited -                                 
undertakings                     123,220,947 (18.02%)                                      
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

7 June 2012