Holding(s) in Company

Capital & Regional PLC
7 May 2002



NOTIFICATION OF INTEREST UNDER SECTION 198 COMPANIES ACT 1985

On 7th May 2002, 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             % Shareholding

Royal & Sun                Littledown Nominees Limited   252,228
Alliance                   "R" a/c for Phoenix Assurance
                           Public Limited Company

                           Littledown Nominees Limited   535,742
                           "R" a/c for Royal & Sun
                           Alliance Insurance Plc No. 1
                           a/c

                           Littledown Nominees Limited   222,793
                           "R" a/c for Royal Insurance
                           Group Pension Scheme(UK
                           Equities)

                           Littledown Nominees Limited   1,200,447
                           "R" a/c for Royal & Sun
                           Alliance Life & Pensions
                           Limited

                           Littledown Nominees Limited   568,234
                           "R" a/c for Sun Alliance &
                           London Assurance Company
                           Limited

                           Littledown Nominees Limited   351,711
                           "R" a/c for SAL Pension Fund
                           Limited
TOTAL                                                    3,131,155                 5.07%


ENDS


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