Director shareholding CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (UK company number 01399411) LSE share code: CAL JSE share code: CRP LEI: 21380097W74N9OYF5Z25 ISIN: GB0001741544 (“Capital & Regional” or “the Company”) DIRECTOR SHAREHOLDING On 18 September 2017 the Company received notification that Mstead Ltd had entered into an arrangement on 18 September 2017 to pledge a further 54,978,847 of its ordinary shares in the Company (“Shares”) as security in respect of an external investment arrangement. Having previously, as announced on 28 November 2016, pledged 15,000,000 Shares, this now results in the entirety of Mstead Ltd’s shareholding of 69,978,847 Shares, representing 9.790% of the Company’s issued share capital, being subject to the arrangement. The shareholding is maintained on the London Stock Exchange. Louis Norval, a Non-Executive Director of the Company, has a beneficial interest in Mstead Ltd. In total the beneficial interest of Louis Norval and his family members in the Company remains unchanged at 137,122,854 Shares, representing 19.184% of the Company’s issued share capital. This notification is made in accordance with the requirements of the EU Market Abuse Regulation. This notification is made in accordance with the requirements of the EU Market Abuse Regulation. 19 September 2017 JSE sponsor Java Capital Notes to editors: About Capital & Regional plc Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town 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 through its in-house expert property and asset management platform. For further information see capreg.com. Date: 19/09/2017 03:00:00 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.