CCO - Capital & Counties Properties Plc - Court confirmation of capital

CCO - Capital & Counties Properties Plc - Court confirmation of capital         
reduction                                                                       
Capital & Counties Properties PLC                                               
(Incorporated and registered in the United Kingdom and Wales with Registration  
Number 07145041 and registered in South Africa as an external company with      
Registration Number 2010/003387/10)                                             
JSE code: CCO                                                                   
ISIN: GB00B62G9D36                                                              
17 May 2010                                                                     
COURT CONFIRMATION OF CAPITAL REDUCTION                                         
Capital & Counties Properties PLC ("Capital & Counties") is pleased to announce 
that the High Court of Justice in England and Wales has today made an order     
confirming the reduction of Capital & Counties` share capital.                  
The Capital & Counties reduction of capital (under which the nominal value of   
each Ordinary Share will be reduced from 80 pence to 25 pence) will become      
effective upon the Court`s order being delivered to the Registrar of Companies  
in England and Wales, which is expected to take place tomorrow, on Tuesday, 18  
May 2010.                                                                       
Sponsor                                                                         
NM Rothschild & Sons (South Africa) (Proprietary) Limited                       
Enquiries                                                                       
Ruth Pavey, Company Secretary                                                   
Telephone +44 207 8877108                                                       
This announcement is not a prospectus but an advertisement and investors should 
not acquire any new ordinary shares in Capital & Counties referred to in this   
announcement except on the basis of the information contained in the prospectus 
published by Capital & Counties on 12 March 2010 and any supplement or amendment
thereto.                                                                        
This announcement is for information purposes only and does not constitute an   
offer to sell or the solicitation of an offer to buy any securities or          
investment advice in any jurisdiction.                                          
The securities to which this announcement relate have not been and are not      
required to be registered under the US Securities Act. These securities have not
been approved or disapproved by the US Securities and Exchange Commission, any  
state securities commission in the United States or any US regulatory authority,
nor have any of the foregoing authorities passed upon or endorsed the merits of 
the offering of these securities or the accuracy or adequacy of this document.  
Any representation to the contrary is a criminal offence in the United States   
Date: 17/05/2010 15:47:01 Supplied by www.sharenet.co.za                     
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