Notification of Share Dealings by Persons Discharging Managerial Responsibilities ("PDMR") 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 (“Capco”) Notification of share dealings by Persons Discharging Managerial Responsibilities ("PDMR") On 1 November 2016 awards of nil cost options were made to Ian Hawksworth and Gary Yardley (the “PDMRs”). The awards were made under the Capital & Counties Properties PLC Matching Share Plan following the co-investment of shares held by the PDMRs, and were based on a market value of 285.8 pence per share. The vesting of the awards is dependent on the satisfaction of performance conditions set out in the Company’s 2015 Annual Report. Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them 1 Details of the person discharging managerial responsibilities/person closely associated a) Name: Ian Hawksworth 2 Reason for the notification a) Position/status: Chief Executive b) Initial notification Initial notification /Amendment: 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Capital & Counties Properties PLC b) LEI 549300TTXXZ1SHUI0D54 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary shares of 25p each financial instrument, type of instrument GB00B62G9D36 Identification code b) Nature of the transaction Award of nil cost options pursuant to the Company’s Matching Share Plan c) Currency GBP d) Price(s) and volume(s) Price(s) Volume(s) Nil Cost 138,748 e) Aggregated information N/A - Aggregated volume - Price f) Date of the transaction 2016-11-01 g) Place of the transaction London Stock Exchange (XLON) Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them 1 Details of the person discharging managerial responsibilities/person closely associated a) Name: Gary Yardley 2 Reason for the notification a) Position/status: Managing Director & Chief Investment Officer b) Initial notification Initial notification /Amendment: 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Capital & Counties Properties PLC b) LEI 549300TTXXZ1SHUI0D54 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary shares of 25p each financial instrument, type of instrument GB00B62G9D36 Identification code b) Nature of the transaction Award of nil cost options pursuant to the Company’s Matching Share Plan c) Currency GBP d) Price(s) and volume(s) Price(s) Volume(s) Nil Cost 114,013 e) Aggregated information N/A - Aggregated volume - Price f) Date of the transaction 2016-11-01 g) Place of the transaction London Stock Exchange (XLON) This announcement is made in accordance with the requirements of the EU Market Abuse Regulation (“MAR”) and the Company confirms that the PDMR's notification obligations under MAR have also been satisfied. Name of officer of issuer responsible for making notification: Leigh McCaveny Date of Notification: 3 November 2016 Leigh McCaveny Acting Company Secretary 020 3214 9174 3 November 2016 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 03/11/2016 04:20:00 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.