CSO - Capital Shopping Centres Group Plc - Issue of Equity and Appointment of

CSO - Capital Shopping Centres Group Plc - Issue of Equity and Appointment of   
Deputy Chairman                                                                 
CAPITAL SHOPPING CENTRES GROUP PLC                                              
(Registration number UK3685527)                                                 
ISIN Code:     GB0006834344                                                     
JSE Code:      CSO                                                              
CAPITAL SHOPPING CENTRES GROUP PLC                                              
Issue of Equity and Appointment of Deputy Chairman                              
Issue of Equity                                                                 
Capital Shopping Centres Group PLC (the "Company") announces that it has today  
issued 167,316,817 new ordinary shares (the "Consideration Shares") and         
GBP154,317,000 3.75 per cent. perpetual subordinated convertible bonds (the     
"Convertible Bonds") in connection with the acquisition of the Trafford Centre  
Group which completed today.                                                    
Following this, the Company has 860,096,108 ordinary shares of 50 pence each in 
issue of which 1,050,000 ordinary shares are held in treasury. The total number 
of shares attracting voting rights in the Company is 859,046,108. This figure   
may be used by shareholders to determine the percentage of issued share capital 
they hold in the Company and if they are required to notify their interest in,  
or a change to their interest in, the Company under the Financial Service       
Authority`s Disclosure and Transparency Rules.                                  
Admission of the Consideration Shares to the Official List of the UK Listing    
Authority and to trading on the main market of the London Stock Exchange, and to
trading on the Johannesburg Stock Exchange, occurred today.                     
Appointment of Deputy Chairman and Declaration                                  
Mr John Whittaker has been formally appointed as a non-Executive Director and   
Deputy Chairman of Capital Shopping Centres Group PLC with effect from 28       
January 2011.                                                                   
Mr Whittaker has notified the Company that on his appointment he, or his        
connected persons, held 169,716,817 shares including the 167,316,817            
Consideration Shares described above.                                           
Mr Whittaker does not currently hold any directorships of publicly quoted       
companies and has not held any such directorships in the past five years.       
The Blackburn Ice Arena Limited, a company of which Mr Whittaker was a director,
was placed into compulsory liquidation on the application of a creditor in      
December 1993 and dissolved on 30 June 2007.                                    
Redcity Developments Limited, a company of which Mr Whittaker is a director, was
placed into administration in July 2008 and moved from administration to        
creditors` voluntary liquidation in July 2009.                                  
Mr Whittaker has confirmed that there is no further information to be disclosed 
in accordance with Listing Rule 9.6.13.                                         
Enquiries:                                                                      
Susan Folger                                                                    
Company Secretary                                                               
+44 (0)20 7887 7073                                                             
A copy of this announcement is available, free of charge, at www.capital-       
shopping-centres.co.uk/investors/shareholder_info/trafford_egm/. You may request
a hard copy of this announcement, free of charge, by contacting the Company at  
40 Broadway, London SW1H 0BT (by email: feedback@capshop.co.uk, or by telephone:
+44 (0)20 7960 1236).                                                           
28 January 2011                                                                 
Sponsor:                                                                        
Merrill Lynch SA (Pty) Limited                                                  
Date: 28/01/2011 10:03:01 Supplied by www.sharenet.co.za                     
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