Director Shareholding

Capital & Regional PLC
19 January 2001


 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 Capital & Regional plc :


Beneficial  Holder   Number  of  Shares      Sale  Price   Revised Beneficial 
                     Sold                    per Share     Holding
                                                                              
Andrew Lewis-Pratt   100,000                 222p          12,787          
                                                                            
                                         
The net proceeds of  the  sale  will  be  used  to  satisfy  a  personal  tax 
liability.