Listing Application in connection with Scrip Di...

CAPITAL & COUNTIES PROPERTIES PLC

20 June 2012

LISTING APPLICATION IN CONNECTION WITH THE CAPITAL & COUNTIES PROPERTIES PLC
SCRIP DIVIDEND ALTERNATIVE

Capital & Counties Properties PLC (the "Company") announces that a total of
541,709 new ordinary shares of 25 pence each in the capital of the Company (the
"Scrip Shares") will be issued on 21 June 2012.

The Scrip Shares will be credited as fully paid and rank pari passu with the
existing ordinary shares of 25 pence each in the capital of the Company
including the right to receive all future dividends and distributions declared,
made or paid.

Application has been made for admission to the Official List of the Financial
Services Authority and to trading on the London Stock Exchange's main market
for listed securities ("UK Admission"). The Company has also applied to the
Johannesburg Stock Exchange for the listing of the Scrip Shares on the Main
Board of the Johannesburg Stock Exchange. The listing of the Scrip Shares on
the London Stock Exchange and the Johannesburg Stock Exchange will become
effective 21 June 2012.

Enquiries

Ruth Pavey, Company Secretary
Telephone [phone]