CAPITAL & COUNTIES PROPERTIES PLC - RESOLUTION TO GRANT CONSENT OBTAINED FOR EARLS COURT MASTERPLAN FROM LBHF

RESOLUTION TO GRANT CONSENT OBTAINED FOR EARLS COURT MASTERPLAN FROM LBHF

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

PRESS RELEASE
13 September 2012

CAPITAL & COUNTIES PROPERTIES PLC
RESOLUTION TO GRANT CONSENT OBTAINED FOR EARLS COURT MASTERPLAN FROM LBHF

Plans to redevelop the Earls Court and West Kensington Opportunity Area into an exciting new urban
district containing more than 7,500 new homes and 12,000 new jobs have been approved by the London
Borough of Hammersmith & Fulham (LBHF).

Capital & Counties Properties PLC (Capco) welcomes the decision by the Council’s planning committee
to resolve to grant outline planning permission to turn the Earls Court and West Kensington Opportunity
Area (“ECOA”) into a vibrant, new urban district.
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Sir Terry Farrell’s Masterplan is based on the concept of ‘Four Urban Villages and a 21 Century High
Street’ and is inspired by the best of London including garden squares, mansion blocks and open space.
The scheme will comprise of 10.1 million sq ft of development including homes, around 1,500 of which
will be affordable, offices, hotels, work space, education, cultural and community facilities, as well as a
new five acre park for London.

Ian Hawksworth, Chief Executive of Capco said:

“We are pleased by the Council’s decision to pass the resolution to grant outline planning consent for the
Earls Court Masterplan. The proposed scheme will offer a multi-billion pound investment in both London
and the local community creating thousands of new homes and jobs.”

The Earls Court & West Kensington Opportunity Area stretches across two boroughs, LBHF and the
Royal Borough of Kensington & Chelsea (RBKC). A decision on the outline planning application from
RBKC is expected in the coming months. Planning consent for the Seagrave Road site was granted in
February by LBHF and will create 808 new homes, 200 of which will be affordable, as well as a new
garden square for London.

Capital & Counties Properties PLC
Ian Hawksworth, Chief Executive                   Tel:     + 44 (0) 20 3214 9188
Gary Yardley, Investment Director
Soumen Das, Finance Director

For financial media enquires please contact:
Hudson Sandler (UK)                               Tel:     +44 (0) 20 7796 4133
Michael Sandler/Wendy Baker
College Hill (South Africa)                       Tel:     +27 11 447 3030
Nicholas Williams

For general media enquiries please contact:
Chris Rumfitt, Edelman                            Tel:    +44 (0) 7967 226646


13 September 2012
Sponsor: Merrill Lynch South Africa Proprietary Ltd


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 3.0 million square feet of
assets valued at £1.6 billion (as at 30 June 2012) in three landmark London estates: Covent Garden,
which has assets valued at £856 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
£620 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 £159 million. The company is listed on the London
Stock Exchange and the JSE, Johannesburg.

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