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 Capital & Counties Properties PLC has received a notification of interests in the Ordinary shares of 25 pence each in the Company as shown below: i) Full name of Persons BlackRock, Inc. subject to the notification obligation ii) Full name of shares n/a holders (if different from i) iii) Reason for Notification A baseline notification that was required as a result of the implementation of changes to the Transparency Directive. iv) Date of Transaction 26 November 2015 v) Date issuer was notified 30 November 2015 vi) Threshold that was A baseline notification that was crossed required as a result of the implementation of changes to the Transparency Directive. BlackRock, Inc’s shares and voting rights remain above the previously disclosed threshold of 13%. vii) Situation previous to Number of shares 108,085,752 the triggering transaction Number voting 108,085,752 rights viii) Resulting situation Number of voting 100,595,868 after the triggering rights (Indirect) transaction % of voting rights 11.94% (Indirect) ix) Qualifying Financial Type of financial Securities Instruments – Resulting instrument Lending situation after the Number of voting 3,746,801 triggering transaction rights that may be acquired if the instrument is exercised/converted % of voting rights 0.44% x) Financial Instruments Type of financial CFD with similar economic effect instrument to Qualifying Financial Number of voting 8,509,017 Instruments – Resulting rights instrument situation after the refers to triggering transaction % of voting rights 1.01% (Nominal) 1.01% (Delta) xi) Total Number of voting 112,851,686 rights Percentage of 13.40% voting rights xii) Chain of controlled Name BlackRock undertakings through which Investment voting rights and/or the Management (UK) financial instruments are Limited effectively held % of voting rights 7.23% if it equals or is higher than the notifiable threshold % of voting rights 1.03% through financial instruments if it equals or is higher than the notifiable threshold Total of both if it 8.26% equals or is higher than the notifiable threshold xiii) Additional information BlackRock Regulatory Threshold Reporting Team xiv) Contact Name Gareth Slade xv) Contact telephone 020 7743 2536 number: Ruth Pavey Company Secretary 020 3214 9184 30 November 2015 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 30/11/2015 04:30:00 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.