Holding in Company

Capital & Regional PLC
6 September 2001




NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985

On 6th September 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 Ltd   Vidacos Nominees Ltd A/C 'Bear'        225,000

Dawney Day Properties Ltd   Chase Nominees Ltd                     2,336,823

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

Brian & Hannah Smouha       CNB Trust A/C Bear 'Brian & Hannah     100,000
                            Smouha'

Tarragona Investment Group  Chase Manhattan -London
Ltd
                            A/C Lehman Bros

                            Tarragona Investment                   1,231,210

                            Group Ltd

The total holding of Starlight Investments Ltd and its associates is 3,943,033
ordinary shares representing 5.00% of the issued share capital. Their holding
has increased from 4.16% to 5.00%.

END