Director Shareholding

Capital & Regional PLC
5 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 interests in ordinary shares of
10p each in Capital & Regional plc:

Beneficial Holder                Roger Boyland
Number of Shares Purchased       50,000
Purchase Price per share         202p
Revised Beneficial Holding       556,119
Date of Purchase                 04/10/2000

Mr. Boyland has an interest in these shares which have been purchased by
Pinnacle Trustees Limited.