Board changes - Lawrence Hutchings commences tenure as chief executive CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (UK company number 01399411) LSE share code: CAL JSE share code: CRP ISIN: GB0001741544 (“Capital & Regional” or “the Company”) BOARD CHANGES - LAWRENCE HUTCHINGS COMMENCES TENURE AS CHIEF EXECUTIVE Further to the announcement on 8 February 2017, Capital & Regional, the UK focused specialist retail property REIT, announces that Lawrence Hutchings has today started as Chief Executive at Capital & Regional, and will officially join the Company’s Board tomorrow. Lawrence replaces Hugh Scott-Barrett, who becomes Non-Executive Chairman following the retirement of John Clare. Lawrence Hutchings, Chief Executive, commented: “I am looking forward to getting going in my new role and to gaining a deeper understanding of the business together with the many opportunities I believe the portfolio holds, to deliver further value for shareholders.” Hugh Scott-Barrett, Non-Executive Chairman, added: “I have every confidence in handing the reins over to Lawrence at this stage in the Company’s growth. His skillset and expertise in the retail property sector will be invaluable to its future development.” 12 June 2017 JSE sponsor Java Capital Notes to editors: About Capital & Regional plc Capital & Regional is a UK focused specialist retail REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange. Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch. Capital & Regional manages these assets, which comprise over 900 lettable units and attract c. 1.7 million shopping visits each week, through its in-house expert property and asset management platform. For further information see www.capreg.com. Date: 12/06/2017 08:00:00 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.