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:

x) Total

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                  20 June 2012                                              
Transaction                                                                
                                                                           
v) Date issuer               22 June 2012                                              
was notified                                                               
                                                                           
vi) Threshold                Holding has gone above 18%                                
that was crossed                                                           
                                                                           
vii) Situation               Number of       111,228,723                               
previous to the              shares                                                    
triggering                                                                 
transaction                  Number voting   111,228,723                               
                             rights
                                                    
viii) Resulting 
situation after 
the triggering 
transaction                                                                           
                             Number of      111,652,268                
                             voting rights                             
                                            (indirect)                 
                             % of voting     16.33%                                    
                             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       11,896,182                                
                             voting rights                                             
                             instrument                                                
                             refers to                                                 
                                                                           
                             % of voting      1.74%                                     
                             rights          (Nominal)                                 
                                                                           
                                              1.74% (Delta)                             
x) Total                 
                             Number of        123,548,450
                             voting rights                             
                                                                           
                             Percentage of    18.06%                                    
                             voting rights                                             
                                                                           
xi) Chain of                 BlackRock Investment                                      
controlled                   Management (UK) Limited -                                 
undertakings                 123,548,450 (18.06%)                                      
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

25 June 2012