CCO - Capital & Counties Properties PLC - Notification of major interests in

CCO - Capital & Counties Properties PLC - Notification of major interests in    
shares                                                                          
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                                                              
CAPITAL & COUNTIES PROPERTIES PLC (the "Company")                               
NOTIFICATION OF MAJOR INTERESTS IN SHARES                                       
We have been advised today that following the demerger from Liberty             
International PLC, Public Investment Corporation (PIC) held 38,328,346 shares in
Capital & Counties Properties PLC, being 6.16% of the total % of voting rights. 
PIC has also informed the Company that its interests in the Ordinary shares of  
25 pence each in the Company are as shown below:                                
i) Full name of Persons subject   Public Investment Corporation                 
to the notification obligation                                                  
ii)Full name of shares holders    n/a                                           
(if different from i)                                                           
iii) Date of Transaction          13 July 2010                                  
iv) Date issuer was notified      14 July 2010                                  
v) Threshold that was crossed     Holding has gone below 6%                     
vi) Situation previous to the     Number of shares        n/a                   
triggering transaction                                                          
                                 Number voting rights    n/a                    
vii) Resulting situation after    Number of voting        34,267,159            
the triggering transaction        rights                                        
% of voting rights      5.511%                 

vii) Total                        Number of voting        34,267,159            
                                 rights                                         
                                 Percentage of voting    5.511%                 
rights                                         

viii) Contact Name                Zanele Mabuza                                 
                                                                                
ix) Contact telephone number:     +27 (0) 12 369 3327                           
Ruth Pavey                                                                      
Company Secretary                                                               
020 7887 7085                                                                   
15 July 2010                                                                    
Sponsor:                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Date: 15/07/2010 17:50:15 Supplied by www.sharenet.co.za                     
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