CAPITAL & COUNTIES PROPERTIES PLC - Completion of Earls Court Partnership Limited

Completion of Earls Court Partnership Limited

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”)



7 April 2015


                       CAPITAL & COUNTIES PROPERTIES PLC (“Capco”)

                          Completion of Earls Court Partnership Limited


Capco confirms that completion of Earls Court Partnership Limited, (“ECPL”), the investment vehicle
established with Transport for London (“TfL”) in respect of Earls Court 1 & 2 (“EC1 & EC2”), has
occurred following the grant of leases and transfers of land into ECPL.

ECPL now owns new 999 year leases over EC1 & EC2. In addition, ECPL has acquired certain other
adjacent property interests from Capco which are primarily located on and around Lillie Road and
which as at 31 December 2014 were valued at £49 million.

ECPL is a UK limited company in which Capco owns 63 per cent and TfL owns 37 per cent of the
shares respectively. Capco is leading the investment vehicle following its appointment as exclusive
business and development manager.

Sponsor
Merrill Lynch South Africa (Pty) Ltd

Enquiries
Capital & Counties Properties PLC:
Sarah Hagan, Director of Communications                                   +44 (0)20 3214 9185
Michelle McGrath, Director of Investor Relations                          +44 (0)20 7297 6093


Public Relations:
UK: Hudson Sandler, Michael Sandler, Wendy Baker                          +44 (0)20 7796 4133
SA: Instinctif Partners, Frederic Cornet                                  +27 (0)11 447 3030


About Capital & Counties Properties PLC (Capco):

Capital & Counties Properties PLC 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’s landmark London estates are valued at £3.0 billion (as at 31 December 2014): Covent
Garden, which has assets valued at £1.6 billion including the historic Market Building; and Earls Court
Properties including the Empress State Building together with the Venues business with aggregate
property assets of £1.4 billion. The company is listed on the London Stock Exchange and the
Johannesburg Stock Exchange.
www.capitalandcounties.com

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