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         19 September 2012                                         
Transaction                                                                
                                                                            
v) Date issuer      21 September 2012                                         
was notified                                                               
                                                                           
vi) Threshold       Holding has gone above 19%                                
that was crossed                                                           
                                                                           
vii) Situation      Number of        113,373,587                               
previous to the     shares                                                    
triggering                                                                 
transaction         Number voting    113,373,587                               
                    rights                                                    
                                                                           
viii) Resulting     Number of        123,228,412(indirect) 
situation after     voting rights
the triggering  
transaction         % of voting       18.00%                                    
                    rights                                                    
                                                                           
ix) Financial       Type of financial CFD
instruments with    instrument
similar economic 
effect to
Qualifying           Number of voting   9,281,559 
Financial            rights instrument
Instruments -        refers to 
Resulting situation
after the triggering
transaction          % of voting       1.35% (Nominal)
                     rights                                    
                                                                                                                   
                                       1.35% (Delta)                             
                                                                           
(x) Total            Number of         132,509,971
                     voting rights                             
                                                                           
                     Percentage of      19.35%                                    
                     voting rights                                             
                                                                           
xi) Chain of         BlackRock Investment                                      
controlled           Management (UK) Limited -                                 
undertakings         132,509,971 (19.35%)                                      
through which                                                              
the voting                                                                 
rights and/or                                                              
the financial                                                              
instruments are                                                            
effectively held                                                           
                                                                           
xii) Additional  BlackRock Regulatory Threshold                            
information      Reporting Team                                            
                                                                           
xiii) Contact    Andrew Manchester                                         
Name                                                                       
                                                                           
xiv) Contact     020 7743 5773                                             
telephone                                                                  
number:                                                                    
                                                                           

Ruth Pavey

Company Secretary

020 7297 6283

21 September 2012