Holding in Company

Capital & Regional PLC
27 February 2001



NOTIFICATION OF INTEREST UNDER SECTION 198 OF THE COMPANIES ACT 1985

On 27th February 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     % Shareho

Legal & General       HSBC Global           5,957,745        6,71%
                      Custody Nominee
                      (UK) Limited


Their  previous holding was 7.98%.