Director Shareholding

Capital & Regional PLC
26 October 2000


NOTIFICATION OF INTEREST UNDER SECTION 324 OF THE COMPANIES ACT 1989

The Company has today received notification, under Section 324 of the
Companies Act 1989 of the following Director's interest in ordinary  shares of
10p each in Capital & Regional plc : 

Beneficial         Number of      Purchase price    Revised           Date of 
Holder             Shares         per share         Beneficial        Purchase
                   Purchased                        Holding                   

                                                     
 Lynda Coral          15              206p            3496            20/10/00
                                                                     

These shares have been purchased as a result of the above director
participating in the Capital & Regional plc Dividend Reinvestment Plan
following the distribution of the Company's Interim Dividend on 20th October
2000.