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 The Company has received notification of the following transactions involving the acquisition of ordinary shares of £0.01 each (“Shares”) in the Company on 16 May 2018 through the Company's Scrip Dividend Scheme (“the Scrip”). The Shares were acquired on the London Stock Exchange at £0.5177 per share, being the Scrip reference share price. Beneficial holder Number of Shares acquired Total Shares in which an through the Scrip interest is held following the issue of new shares Laura Whyte 2,260 76,189 Shareholdings connected to Louis Norval: Boz Trust 5,483 184,687 Robs Trust 970 32,687 Robyn Merrington 242 8,171 Following the above transactions the revised beneficial interest of Louis Norval and his family members in ordinary shares of the Company is 135,905,982 shares, representing 18.817% of the Company’s issued share capital. This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. 18 May 2018 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: 18/05/2018 02:30:00 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.