Notification of Executive Director share dealings 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 Notification of Executive Director share dealings On 26 February 2015, Executive Directors of the Company exercised share options awarded in 2010 and 2011 under the Company’s Performance Share Plan (“PSP”) and Matching Share Plan (“MSP”). Details of each transaction are set out in the tables below. Following these transactions, the Executive Directors hold a total of 1,465,594 ordinary shares of 25p each in the company, which represents 0.2% of the issued share capital, and hold LTIP awards over 5,746,198 ordinary shares of 25p each in the company, which remain subject to performance conditions and/or holding periods. Exercises of Nil cost options: Executive Director Scheme No. of nil cost options exercised Ian Hawksworth PSP and MSP 1,218,402 Soumen Das PSP and MSP 612,525 Gary Yardley PSP and MSP 1,111,906 Following the exercises the shares were sold at a price of £3.96 per share. Exercises of market value options: Executive Director Scheme No. of Exercise Number of 25p Ordinary Options price per shares settled based on Exercised share 25.02.15 closing price of £3.928 Soumen Das PSP (Unapproved options) 1, 155, 290 £1.0387 849,791 Soumen Das PSP (HMRC Approved options) 9,019 £1.5773 n/a The Company chose to settle the Unapproved options by delivering shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option shares). On exercise of the Approved options, 4,509 shares were transferred to Mr Das’ wife, Mrs Dipa Das. Following the exercises the shares were sold at a price of £3.96 per share. The Company was notified of the transactions on 26 February 2015. Ruth Pavey Company Secretary 27 February 2015 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 27/02/2015 12:45:00 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.