Holding(s) in Company

Capital & Regional PLC
1 May 2002



NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985


On 1st May 2002, the Company received notification that UBS Asset Management
Limited, Phillips & Drew Life Limited and UBS Asset Management International
Limited, all subsidiaries of UBS Asset Management Holding (No. 2) Limited, have
an interest in 6,174,816 ordinary 10p shares of the Company. This represents
10.00% of the issued share capital of the Company.

Their previous holding was 9.22%.


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