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            
Notification               rights                                          
                                                                           
iv) Date of Transaction    10 November 2011                                
                                                                           
v) Date issuer was         14 November 2011                                
notified                                                                   
                                                                           
vi) Threshold that was     Holding has gone above 19%                      
crossed                                                                    
                                                                           
vii) Situation previous to Number of shares   110,623,037                  
the triggering transaction                                                 
                           Number voting      110,623,037                  
                           rights                                          
                                                                           
viii) Resulting situation after the triggering transaction

                           Number of voting   114,220,745                  
                           rights             (indirect)                   
                                                                           
                           % of voting rights 16.70%

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   15,868,227                   
                           rights instrument                               
                           refers to                                       
                                                                           
                           % of voting rights 2.32% (Nominal)              
                                                                           
                                              2.32% (Delta)                
                                                                           
x) Total                   Number of voting  130,088,972
                           rights                       
                                                                           
                           Percentage of      19.02%                       
                           voting rights                      
                                        
                                                                           
xi) Chain of controlled undertakings through which the voting rights and/or the financial 
instruments are effectively held 

                           BlackRock Investment Management (UK)            
                           Limited - 130,088,972 (19.02%)                  
                                                                           
xii) Additional            BlackRock International Threshold               
information                Reporting Team                                  
                                                                           
xiii) Contact Name         Andrew Manchester                               
                                                                           
xiv) Contact telephone     [phone]                                   
number:                                                                    
                                                                           

Ruth Pavey

Company Secretary

020 3214 6283

15 November 2011