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 that the total interests in the Ordinary shares of 25 pence each in the Company held by Simon Property Group, Inc. are now as shown below: i) Full name of Persons subject to the Simon Property Group, Inc. notification obligation ii)Full name of shares holders (if different Sovereign Real Estate Investments, LLC from i) iii) Date of Transaction 23 October 2012 iv) Date issuer was notified 23 October 2012 v) Threshold that was crossed Below 3% vi) Situation previous to the triggering Number of shares 38,892,074 transaction Number voting rights 38,892,074 vii) Resulting situation after the triggering Number of voting rights Below 3% transaction viii) Chain of controlled undertakings Simon Property Group, L.P. through which the voting rights and / or The Retail Property Trust the financial instruments are effectively Sovereign Real Estate Investments, LLC held, if applicable: ix) Additional Information Notification using the total voting rights figure of 753,127,803 (notified via RIS by Capital & Counties Properties PLC on 28 September 2012) ix) Contact Name James M. Barkley, Esq. General Counsel, Simon Property Group, Inc. x) Contact telephone number: +1 (317) 263 7083 Sara Goldsbrough Assistant Company Secretary 020 3214 9153 24 October 2012 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 24/10/2012 11:15:00 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.