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CCO - Capital & Counties Properties Plc - Appointment of Non-Executive Director

Release Date: 27/03/2012 15:30
Code(s): JSE CCO
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CCO - Capital & Counties Properties Plc - Appointment of Non-Executive Director 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") CAPITAL & COUNTIES PROPERTIES PLC ("Capco" or the "Company") APPOINTMENT OF NON-EXECUTIVE DIRECTOR The Board of Capital & Counties Properties PLC is pleased to announce the appointment of Demetra Pinsent as a Non-executive Director of the Company with effect from 1 May 2012. Demetra will also be appointed to the Nomination and Corporate Responsibility Committees with effect from the same date. A former partner of McKinsey & Co and leader of McKinsey`s European Apparel, Fashion and Luxury Goods Practice for the past five years, Demetra has counselled leading high street, aspirational and luxury retailers and brands. Her work has covered a wide range of strategic, operational and organisational issues, including helping retailers optimise their property portfolios. In addition to her focus on retail, she has also advised on a number of bids for international sporting events, focusing on their legacy and sponsorship strategies, and also on the regeneration of communities through investment in public places. Outside of McKinsey, Demetra has acted as an adviser to emerging British luxury businesses. Ian Durant, Chairman of Capital & Counties Properties PLC, commented: "I am delighted that Lady Pinsent will be joining the Board of Capco. Her extensive luxury retail experience and understanding of brand creation, the realisation of retail destinations and business strategy will be of considerable benefit to the Company". ENDS For corporate enquiries please contact: Ian Durant, Chairman, Capital & Counties Properties PLC Tel: +44 (0)20 3214 9193 Michael Sandler/ Wendy Baker, Hudson Sandler (UK) Tel: +44 (0)20 7796 4133 Nicholas Williams/ Nicholas Williams/Morne Reinders, College Hill (South Africa) Tel: +27 (0)11 447 3030 About Capital & Counties Properties PLC (Capco) CAPCO is one of the largest investment and development property companies that specialises in central London real estate and is a constituent of the FTSE-250 Index. CAPCO holds 3.2 million square feet of assets valued at GBP1.6 billion (31 December 2011) in three landmark London estates: Covent Garden, which has assets valued at GBP808 million, including the historic Market Building; Earls Court & Olympia Group and 50% of the Empress State building in Earls Court amounting to aggregate property assets of GBP574 million; and the Great Capital Partnership, a joint venture with Great Portland Estates, which holds prime West End properties of which Capco`s share is GBP241 million. The company is listed on the London Stock Exchange and the JSE, Johannesburg. Sponsor Merrill Lynch South Africa (Pty) Ltd 27 March 2012 Date: 27/03/2012 15:30:01 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.

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