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 CAPITAL & COUNTIES PROPERTIES PLC (the “Company”) Notification of Executive Director share dealings On 25 May 2016, Executive Directors of the Company exercised certain nil cost share options awarded in 2012 and 2013 under the Company’s Performance Share Plan (“PSP”) and Matching Share Plan (“MSP”). Details of the transactions are set out in the table below. Following these transactions, the Executive Directors interest in shares of the Company remains unchanged at 1,575,594 ordinary shares of 25p each in the Company, which represents 0.187% of the issued share capital, and they hold LTIP awards over 4,416,327 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 600,000 Soumen Das PSP and MSP 600,000 Gary Yardley PSP and MSP 600,000 Following the exercises the shares were sold at a price of £3.46 per share. The Company was notified of the transactions on 26 May 2016. Leigh McCaveny Acting Company Secretary 020 3214 9174 27 May 2016 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 27/05/2016 11:00:00 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.