Holding in Company

Capital & Regional PLC
12 April 2001


NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985

On 10th April 2001, the Company received notification of the following
interests in ordinary shares of 10p each in Capital & Regional plc:


Beneficial  Holder                  Registered  Holder         No. of Shares  
                        

Starlight Investments               CNB Trust A/c Bear            225,000     
Limited                            'Starlight Investments Ltd'


Dawnay, Day Properties               Chase Nominees Ltd         2,300,000     
Limited            

Pincus Pension Plan                 CNB Trust A/c Bear             50,000     
                                    'Pincus Pension Plan'

                                                                              
The total holding of Starlight Investments Ltd and its associates is 2,575,000
ordinary shares representing  3.05% of the issued share capital.