Secondary placing of Karoo shares CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (Company number 01399411) RNS number: 1847S RNS share code: CAL JSE share code:CRP ISIN: GB0001741544 (“Capital & Regional” or“the Company”) SECONDARY PLACING OF KAROO SHARES On 13 October 2015 Capital & Regional plc received notification that Karoo Investment Fund (“Karoo”) has made arrangements to dispose of or transfer in specie the entirety of its 70,040,911 holding of ordinary shares in the Company, held on the Company’s sub-register on the Johannesburg Stock Exchange (“JSE”), representing 9.995% of the Company’s issued share capital. The underlying shareholders in Karoo have been given the choice of receiving their pro-rata entitlement in shares of the Company or electing for their interest to be sold for cash. To facilitate the latter Karoo has appointed Java Capital to manage an imminent placing in the South African market. It is expected this will involve the sale of up to approximately half of Karoo’s holding with the remainder being transferred in specie to the respective underlying holders. Louis Norval and his connected parties have interests in the underlying shareholders of Karoo that equate to approximately 40% of Karoo’s current shareholding in the Company. Wessel Hamman is also a Director of Karoo. 14 October 2015 JSE sponsor Java Capital Capital & Regional holds a primary listing on the Main Market of the London Stock Exchange plc and a secondary listing on the Main Board of the JSE. Date: 14/10/2015 08:02:00 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.