Share buyback

Capital & Regional plc
21 June 2007


                             Capital & Regional plc

                           Transaction in own shares


Capital & Regional plc announces that, on 20 June 2007, it purchased for
cancellation 38,008 Ordinary shares of 10 pence each.  The highest price paid
per share was 1232.50p, the lowest price paid was 1221.50p per share and the
average price was 1226.2922p per share.

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