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                                       
Capital & Counties Properties PLC has received a notification of interests in   
the Ordinary shares of 25 pence each in the Company as shown below:             
i) Full name of Persons subject to the  BlackRock, Inc.                         
notification obligation                                                         
ii)Full name of shares holders (if      n/a                                     
different from i)                                                               
iii) Reason for Notification            An acquisition or disposal of voting    
                                       rights                                   
iv) Date of Transaction                 27 February 2012                        
v) Date issuer was notified             29 February 2012                        
vi) Threshold that was crossed          Holding has gone below 18%              
vii) Situation previous to the          Number of        114,220,745            
triggering transaction                  shares                                  
                                       Number voting    114,220,745             
                                       rights                                   
viii) Resulting situation after the     Number of        108,646,312            
triggering transaction                  voting rights    (indirect)             
                                       % of voting      15.89%                  
                                       rights                                   
ix) Financial instruments with similar  Type of          CFD                    
economic effect to Qualifying Financial financial                               
Instruments - Resulting situation after instrument                              
the triggering transaction                                                      
                                       Number of        14,303,447              
voting rights                            

                                       instrument                               
                                       refers to                                
                                       % of voting      2.09% (Nominal)         
rights                                   

                                                        2.09% (Delta)           
x) Total                                Number of        122,949,759            
                                       voting rights                            
Percentage of    17.98%                  

                                       voting rights                            
xi) Chain of controlled undertakings    BlackRock Investment Management (UK)    
through which the voting rights and/or  Limited - 122,949,759 (17.98%)          
the financial instruments are                                                   
effectively held                                                                
xii) Additional information             BlackRock International Threshold       
                                       Reporting Team                           
xiii) Contact Name                      Andrew Manchester                       
                                                                                
xiv) Contact telephone number:          020 7743 5773                           
Sara Goldsbrough                                                                
Assistant Company Secretary                                                     
020 3214 9153                                                                   
Sponsor:                                                                        
Merrill Lynch SA (Pty) Limited                                                  
1 March 2012                                                                    
Date: 01/03/2012 14:20:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.