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 BlackRock, Inc. notification obligation ii) Full name of shares holders (if different n/a from i) iii) Reason for Notification An acquisition or disposal of voting rights iv) Date of Transaction 15 February 2017 v) Date issuer was notified 16 February 2017 vi) Threshold that was crossed Total holding for BlackRock Investment Management (UK) Limited has gone below 5% Total holding for BlackRock, Inc. remains above 10% vii) Situation previous to the triggering Number of shares 48,663,764 transaction Number voting rights 48,663,764 viii) Resulting situation after the triggering Number of voting rights 50,324,494 (Indirect) transaction % of voting rights 5.94% (Indirect) ix) Qualifying Financial Instruments – Type of financial Securities Lending Resulting situation after the triggering instrument transaction Number of voting rights 33,642,371 that may be acquired if the instrument is exercised/converted % of voting rights 3.97% x) Financial Instruments with similar Type of financial CFD economic effect to Qualifying Financial instrument Instruments – Resulting situation after the Number of voting rights 2,832,325 triggering transaction instrument refers to % of voting rights 0.33% (Nominal) 0.33% (Delta) xi) Total Number of voting rights 86,799,190 Percentage of voting 10.25% rights xii) Additional information BlackRock Regulatory Threshold Reporting Team xiv) Contact Name Marc-Oliver Lesch xv) Contact telephone number: 020 7743 3650 Ruth Pavey Company Secretary 020 3214 9184 17 February 2017 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 17/02/2017 11:30:00 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.