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 subject to the notification BlackRock, Inc. obligation ii) Full name of shares holders (if different from i) n/a iii) Reason for Notification An acquisition or disposal of voting rights iv) Date of Transaction 15 February 2016 v) Date issuer was notified 17 February 2016 vi) Threshold that was crossed Total holding for BlackRock, Inc. has gone below 13% vii) Situation previous to the triggering transaction Number of shares 99,405,335 Number voting rights 99,405,335 viii) Resulting situation after the triggering Number of voting rights 98,500,835 (Indirect) transaction % of voting rights 11.69% (Indirect) ix) Qualifying Financial Instruments – Resulting Type of financial Securities Lending situation after the triggering transaction instrument Number of voting rights 4,317,058 that may be acquired if the instrument is exercised/converted % of voting rights 0.51% x) Financial Instruments with similar economic Type of financial CFD effect to Qualifying Financial Instruments – instrument Resulting situation after the triggering transaction Number of voting rights 6,527,153 instrument refers to % of voting rights 0.77% (Nominal) 0.77% (Delta) xi) Total Number of voting rights 109,345,046 Percentage of voting 12.98% rights xii) Chain of controlled undertakings through Name BlackRock Investment which voting rights and/or the financial Management (UK) Limited instruments are effectively held % of voting rights if it 6.97% equals or is higher than the notifiable threshold % of voting rights through 0.84% financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals 7.81% or is higher than the notifiable threshold xiii) Additional information BlackRock Regulatory Threshold Reporting Team xiv) Contact Name Timothy Dudley xv) Contact telephone number: 020 7743 3650 Ruth Pavey Company Secretary 020 3214 9184 17 February 2016 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 17/02/2016 05:35:00 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.